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And what are we going to do about it? Absolutely fucking nothing.
The gov commission another report so a consulting firm filled with the 20% gets paid a few million to produce a repost giving recommendations to the government on how to address the problem.
The Gov will talk long and hard about how commissioning another report is the first, very necessary step, in addressing the problem.
When the report is received it will again be used for a few positive headlines for what ever party (lab or LNP it does not matter) happens to be in power at the time.
It will then be shelved as all the recommendations would slightly negatively affect those writing the report, those giving donations to the party and those actually making the decision.
So, a few more million is transferred to the ones that don't need it.
Sounds like it’s good to be in the consulting business
Consultants produce knowledge gruel, which as it turns out, is a really in-demand product right now as we descend on our current path to 'fuck around and find out' land. Academics and scientist types tell governments and businesses what they don't want to hear. Consultants will sell them knowledge gruel disguised as cake.
Government proceeds to ignore all recommendations and set up an investment fund that, in the event of a positive ROI, would go towards addressing wealth inequality by hiring private companies to distribute welfare payment increases.
It's fucking unconscionable. We should be taxing these fuckers harder.
Only 90?
And I don't think people realise just how bad things are.. I was a tradie..
These guys aren't job creators. They're just wasting money, and they definitely should be taxed more.
Most of them got there by screwing other people (in particular, the mechanic). They clearly can afford more taxes. Some of them purposely screw their customers too (so, the jobs they create aren't the ones we should be creating)
We need to get that number down to like 9 at most. Better yet, 3.
This is the best summary I could come up with:
Australia’s wealth gap has continued to grow over the past two decades, with superannuation and property investment driving inequality across the country, a new report from the Australian Council of Social Service and the University of New South Wales has revealed.
Over the past two decades the average wealth of the top 20% has grown at four times the rate of the lowest, the report has shown using figures from the latest Australian Bureau of Statistics data in 2019.
These forms of wealth deliver substantial capital gains each year to individuals with the highest incomes.
The Acoss chief executive, Cassandra Goldie, joined other advocates in calling for the government to remove policies that spur wealth inequality.
“Left unchecked, growing wealth inequality threatens to exacerbate and entrench generational, spatial and social divisions in our community,” she said.
Goldie said the government’s timely pandemic response and increase to social security payments reduced income inequality, but only temporarily.
The original article contains 477 words, the summary contains 155 words. Saved 68%. I'm a bot and I'm open source!