Tuesday, May 12, 2009

Stimulated and feeling dirty.

Kevin Dudd has just sent me a cheque for $900.
I'm happy that I have my money and I look forward to spending it on a cot for my newborn baby.

As a stimulus package it just doesn’t make sense. Thanks for the cash Dudd, but is this the best use of $900 you could come up with?
Let’s forget about the burden of debt my child will be left with and let’s just look at what Dudd is trying to create by giving me this money.
This is a stimulus package, not a long term investment into my child’s future. It is designed to boost the Australian economy. On that front, this money has nothing to do with me. Dudd has no personal regard about my well being with it. We all know that his only interest in me, as an individual, is in my vote. By channelling this stimulus package through my hands, it looks like he is trying to buy my vote.
Economically, my money is going straight to the local baby warehouse. I’m spending it on one product: a cot. This cot is made overseas. I may as well be direct debiting the money into a Nigerian bank account.
How is this meant to save jobs? Let’s say $50 from my package goes into wages. Whoopee.
Ridiculous. Bad bang for Bevins buck.
Okay, so it’s easy to say how bad this Kevin Dudd is going but what is the alternative?
Here are some things the money could have been spent on:
1) Cleaning up Australia. Put a bounty on bags of rubbish. Have a free collection of bags from the tip and get $50 per bag returned/$10 per kilogram. Upgrade tips and recycling at the same time (providing jobs).
2) Small businesses wage subsidies. Again, paying people to work, but this time for small businesses. (Now that Australia is clean).
3) Environmental practices: E.g. Green Corp.

As you can see, I’m all about work now and play later.
It seems that Dudd is about giving the people “candy on credit”, forcing them to labour harder for the next ten years. I never liked labour when I was a labourer, but I still worked and bore my hardships as they came.
Life is meant to have ups and downs from which we learn from. Life is meant to be about learning how to minimise our workloads, not feasting on gourmet Candy today so we can’t afford it tomorrow.

Wednesday, February 25, 2009

Rudd: Stud or Dud?

Kevin Rudd: Stud or Dud?

I'm quite looking forward to the$900 bonus in my bank account from the economic stimulous package. The money will come in quite handy paying off bills and debt.

Is there any real economic point to giving away this money though? Will it really stimulate the economy (stud), or is Rudd trying to buy our vote for the next election (dud)?

Unfortunately the first stimulous package barely caused a ripple on the economic scene. Sure, on the day it was given out the local electrical goods stores were busy, but the package seemed to be prematurely fired off with little longevity to it. Hindsight now shows that only 20% of the package actually reached it's target.
Tha'ts a dud, Rudd.

So while I won't say no to the money, I also will not let it buy my vote. For all intents and purposes this recession will carry through to the next election. Economically, I thought it would be better to put the money into the environment. This could create jobs for those loosing them (the real needy) and also help combat global warming.

So for all of Rudds "big word", "terminology" and "bullshit", the economy is not stimulated, global warming is not combated, and Peter Garrett is still singing. This last is perhaps the worst failure of the labour government.

Oh, sure, there is not proof that the other guys can do any better but this blog is to ask the question:

Rudd: Stud or Dud?
What do you think?