Tuesday, October 29, 2013

Government spending needed

Is Australia ready for 2.3 million more people?

Michael Pascoe makes a convincing case that, with significant population growth, it is not the time to be talking of small government:
Thus there's a difficult contradiction at the heart of the new government. It aspires to small government, but it is responsible for a growth country that requires greater public investment. There is a potentially dangerous faith that everything can be left to the private sector to fix, but our duopoly and oligopoly-riddled private sector doesn't make for the purest of market mechanisms.

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