Tuesday, May 17, 2011

Open the public purse to meet need, not greed

Tim Soutphommasane writes in the Weekend Australian “Should a household with an income of $150,000 consider itself to be rich? THE treasurers and finance ministers of the world know better than anyone the iron laws of fiscal politics: there is nothing easier than promising an extra share of the public booty and nothing more difficult than raising taxes. ... Any fair and efficient system of welfare, ..., should be guided by a principle of need. The government simply cannot support everyone. ... Those aspiring to a life of plasma screen televisions, posh European cars and private schooling for their children shouldn't be crying poor. They certainly shouldn't be looking for largesse from the public treasury. If they are doing it tough, they should have more realistic expectations about what it means to live well.

To read the full post, link here: http://bit.ly/lDBNBe

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