"Actually the spending of the surplus, and I do hope that it is on infrastructure such as new ports or roads and such things, does in fact allow you one to pay off the mortgage as it will provide additional jobs, and the flow on effects, to counter the loss of jobs as a result of the slowdown"
Couldn't agree more, if only it were true. If the Govt were spending the surplus on infrastructure that created long term wealth and jobs it would have my support.
Throwing a thousand bucks at every pensioner, low income household child etc. will mean that 10 billion is squandered within weeks of the cheques going out.
Nett result = a blip in spending, Woolies liquor and Coles liquorland get a nice boost in grog and smokes sales, and then after Christmas everyone is on struggle street again.
