JobSeeker, JobKeeper Cuts Are Opposite of What Economy Needs | Ebony Bennett on Sky News

The Federal Government is withdrawing tens of billions of dollars by ending JobKeeper and halving or cutting the JobSeeker payment at the end of March. That's really concerning while unemployment remains so high,"

said Ebony Bennett, deputy director of the Australia Institute.

"That's contractionary fiscal policy. It's the opposite of what the Reserve Bank says that is needed to boost growth in the Australian economy and keep jobs growth growing."

[Originally aired on Sky News Australia, 14 February 2021]

[meadowswta]

cut the only comfort so many of us have that allows us to keep our will to get back into it in the future, even though the RBA bought around 100 billion dollars of the government debt created by this pandemic to decrease the load on the system, really kinda meaning load of the ppl yet the politicians have not allowed the stress relief to flow down stream where it belongs and that is unexceptional, with politicians making choices like that when there only real job atm it to make sure we r stay healthy and maintain our prospects and ability to advance down the line, i at this time and situation do not give government absolute control over the choices that dramatically effect the wellbeing of my loved ones an i