The rivers of money flowing into the government’s coffers present both problems and opportunities. Our growing economy and population is producing demands for increased spending on infrastructure, health and education. Some people believe tackling the growing inequality in Australia should be the top priority with increased focus on services for those left behind by the economic boom. A recent survey indicates most Australians believe the surplus is the result of being overtaxed. So, should the money be given back as tax cuts or will that drive up inflation and interest rates? Is the solution for the government to save and invest the money as an insurance against an uncertain future?
The above paragraph is a summary of the latest episode
Different Of Opinion A show aired on ABC and hosted by Jeff McMullen which aims to assemble a
panel of free thinkers to discuss the biggest challenges facing Australia's future.
This week they discussed how the massive
$20billion surplus should be spent. The panel featured
Dr John Hewson. Now I wouldn't exactly call myself a Liberal fan, especially under Howard. But I have to say Dr John Hewson, the former Liberal leader really impressed me. He put up the argument that political decisions should be conducted in the framework of
global climate change. It's a shame no current politicians think this way.
I highly recommend watching this episode, which can be downloaded from the
abc website. It made for thought provoking television.