Scott Morrison needs to target his spending at significant problems or he will only be remembered for debt | Richard Denniss

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Fortunately the PM recognises we need a big budget deficit right now but is the money benefiting citizens properly?

The Coalition just announced a $130bn wage subsidy when the budget is already in deficit. As that sinks in, try to absorb the fact that the $130bn wasn’t targeted at any vulnerable group and had absolutely no “mutual obligations” attached to it. It was not “funded” by spending cuts elsewhere or new forms of revenue.

 

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