Tonight we had another very productive organising meeting for the People’s Climate Mobilisation in Perth on September 21.
I’ve been loving having two dogs, they’re hilarious together, they’re constantly play fighting and just as often falling over each other. Old dog Dan (he’s only 7) has been patient with the often annoying pup, but has also been teaching him the rules and telling him off when he breaks them.
Kind of cool to watch.
Got another bed for the dogs yesterday, as Watson (young pup) had fully claimed Dan’s bed since the first night he stayed here.
The goop that filled Watsons’ eyes prior to us adopting him is almost all cleared up now, he shouldn’t need any eye drops. Tomorrow we take him to the vet for a blood test and full health check, standard procedure and he seems pretty healthy and happy to me!
Alright, it’s almost midnight and I’m off to bed. 🙂
Western Australia lost it’s AAA credit rating at Moody’s today, the second agency to drop WA to the second highest credit standing Aa1.
This has primarily happened due to a structural budget deficit and growing debt under the Liberal Government here in WA.
The problem is less how we are spending tax, and more how we collect it.
Too many eggs in the one mining royalties basket was never a good idea, and nor are the many tax loop holes and subsidies for the ultra-rich. Our State Government is hamstrung in it’s revenue raising capacity because it gives up so much in subsidies.
Cutting funding to essential public services is not the answer to our governments budget woes, it’s short term thinking and bad economics.
Those services have multiplier effects, the people whose incomes they pay are working people, and spend their incomes quickly. This creates tax at point of sale then goes on to be spent by those it employs, with tax paid as income tax and business tax on profit too.
By the time this process is repeated a few times in the economy, each $1 of government spending in say schools or hospitals is likely to actually create tax income in the mid-term. The long term improvement of social outcomes also leads further tax generation.
If the Government are serious about balancing the budget, they need to start shovelling cash from the nearby truck that’s over-flowing with $100 bills, not shuffling budget papers and scraping out the last few coins from working peoples piggy banks.