Feeling sexy, anyone? Specifically, those of child-bearing age? How quickly we moved from the fetishisation of sourdough starter and athleisure-wear stage of the pandemic, to the part where we urge fecund people to get it on, to help bail us out of this mess.
Peter Costello at least gave Australians a little more to work with when he asked us to get busy. He created the Baby Bonus – something Frydenberg has not offered. The Coalition government has also just ended the free childcare holiday they had instituted during the early stage of the pandemic.
This is due, in part, to increased labour market competition after the Global Financial Crisis, when older people who might have left the job market, did not. The income hit was so severe that a person aged between 15 and 24 has a similar disposable income to someone of the same age in 2001. Incomes for people aged between 25 and 34 also fell between 2008-2018. Compare this to retirees and those over 65 – their incomes rose by up to 3.
For years the Coalition catastrophised about the “debt and deficit disaster” they said Labor had created. It had more than six years to deliver a surplus before the pandemic hit, but it didn’t. Now the government has accrued a large public debt , the debt rhetoric has understandably disappeared.
JacquelineMaley Another outstanding column from JacquelineMaley
JacquelineMaley I wonder if slowdown to birth rate is due to men deciding it's safer to stay single nowadays! Hence mgtow phenomenon Why work all day providing for family only to be nagged that you're not doing 50% of the chores! Huge numbers of marriages fail! Why risk your wealth & happiness!
JacquelineMaley politicians r still in outmoded mode of pop growth n babies Babies r bad news as they keep consuming nappies milk baby cot etc Just like aged care they cost a lot We have jobless youths with grim career prospect n they worry abt babies
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