Yesterday Captain Phil of the RBA declared about JobSeeker:
“I’ve said on previous occasions that I would join that consensus. Whether the government decides to do that, it’s entirely up to them. It’s a government and fiscal policy issue.
For me, it’s not really a macroeconomic management issue. It’s kind of a fairness issue on what’s the appropriate level of support we should provide to people who are unemployed.
As a society, what level of support do we want to provide people who don’t have a job?
Different people will legitimately have different views about the level of support. My own view is that some increase is justifiable.”
The RBA has said this before, of course, and been ignored by ScoMo, the empathy lacking beachcomber.
So let’s paint a little picture that can disrupt even the rhythmical swing of his Hawaiian hammock.
ScoMo wants to call an election to capitalise on any economic rebound. If he does not now follow Capt’ Phil’s advice, he will hand Labor an election truncheon of considerable weight.
Catch the next flight back in, ScoMo.
