Australian Government Blows $10 billion

The Australian government today reminded its citizens that they belong to a welfare state announcing that they will waste approximately $10 billion worth of taxpayers money.

Firstly they will lob $4.8 billion at starving pensioners who can't feed themselves. Then another $3.9 billion down the drain for low and middle income families, so they can continue to go out and buy worthless crap they don't need.

But the icing on the cake is the increase in the first home buyers scheme. The payment under the first home buyers scheme will be doubled from $7,000 to $14,000 and first home buyers who buy newly-constructed homes will receive an extra $14,000 taking their total grant to $21,000.

So once again, the idiots in power have decided to keep houses unaffordably high for most people and entice the gullible to come in and take on huge amounts of debt. The best way to make housing affordable would be to take the first homebuyers grant away altogether. House prices would fall and the average Australian might have a chance of buying one and paying it off before they die.

But no, we are a nation of consumers who save nothing and depend on the government for a deposit on a house so we can go out and treat ourselves to a new plasma TV and other worthless crap we don't need. Through its actions the government encourages people to be fiscally irresponsible and punish those who save and spend prudently. All in an attempt to keep the debt driven consumerist society afloat.

Thankyou Mr Rudd, you've proven your lack of economic credentials.