Trickle Up Economics

 Coalition unlikely to lift unemployment benefits when jobkeeper scrapped in March

They will lift it but only marginally so, might not even reach my prediction of $50 per week. Frydenburg argues against an increase because a lift will be an ongoing structural increase in the deficit. Yet for the sake of protecting a coalition seat in South Australia there is the 50-60-70 ??? billion fiasco submarine build, the proposed 270 billion defense spend for missiles etc, and tax cuts that will decrease revenue by hundreds of billions of dollars over the next decade. All those are structural increases in the deficit and all those do not have a significant multiplier effect by promoting greater economic activity through infrastructure improvement.  

Irrational Symbolism in Australia

 The proposed change to the national anthem from "young and free" to "one and free" is another example of how symbolism dominates proposed solutions to indigenous issues. It is ridiculous to think that removing the word "young" from the song will result in any improvement for indigenous people but obviously Scotty from Marketing thinks it is a great way to kick of 2021.