Just when you thought the lunacy in government spending couldn’t get crazier, The Greens are back to a Universal Wellbeing Payment (UWP).
No questions asked – we all get $550/week. Naturally, The Greens have left out the fine print where the rich will be taxed into oblivion to pay for it.
With around 21 million people over 16 and over, that adds up to over $600 billion per annum. Interesting sum when the federal government at present raises only $511 billion in revenue. The Greens were never that good at mathematics. Our favourite example of lacking all financial acumen can be found here.
Time to buy JB HiFi, Harvey Norman, Nintendo or Sony. The number of video games these kids will buy with $550/week will be obscene. This would also give them the option of funding their own internet line to bypass their parents changing the WiFi password as a disciplinary measure.