1 00:00:00,280 --> 00:00:02,840 Speaker 1: If you were listening earlier this afternoon to the previous show, 2 00:00:02,920 --> 00:00:05,520 Speaker 1: Tyler's Show, you will have heard that not everyone loves 3 00:00:05,559 --> 00:00:07,480 Speaker 1: the package that the government has just announced to help 4 00:00:07,560 --> 00:00:10,479 Speaker 1: families pay their fuel bills because it's not for everyone. 5 00:00:10,960 --> 00:00:13,160 Speaker 1: So pensioners have complained that they should be helped as 6 00:00:13,160 --> 00:00:16,400 Speaker 1: well because they don't have enough money. Beneficiaries have complained, 7 00:00:16,800 --> 00:00:19,280 Speaker 1: Diesel users have complained because their fuel has actually gone 8 00:00:19,320 --> 00:00:21,360 Speaker 1: up much more than petrol. And then there are also 9 00:00:21,400 --> 00:00:23,760 Speaker 1: wealthy people who are complaining because they don't have kids, 10 00:00:23,880 --> 00:00:26,159 Speaker 1: and they're complaining they're once again getting nothing while the 11 00:00:26,160 --> 00:00:29,960 Speaker 1: breeders are and they're subsidizing them. Now, I understand the 12 00:00:30,000 --> 00:00:32,400 Speaker 1: sentiment from everyone. All of it is fair, but I 13 00:00:32,400 --> 00:00:34,800 Speaker 1: think the government is right to have limited this package 14 00:00:34,840 --> 00:00:36,919 Speaker 1: like they have because we are just too broke as 15 00:00:36,920 --> 00:00:39,640 Speaker 1: a country to shell out fifty bucks a week for everyone, 16 00:00:39,800 --> 00:00:45,360 Speaker 1: including millionaires. Plus we have just spent four years fighting inflation. 17 00:00:45,760 --> 00:00:47,959 Speaker 1: We know what that feels like, right, We know how 18 00:00:48,040 --> 00:00:49,479 Speaker 1: hard that is. The Last thing we want to do 19 00:00:49,520 --> 00:00:52,080 Speaker 1: is pump so much money into the economy that flation 20 00:00:52,240 --> 00:00:53,920 Speaker 1: just goes Inflation just goes up again, and we have 21 00:00:53,920 --> 00:00:55,720 Speaker 1: to start this fight again. So if you have to 22 00:00:55,800 --> 00:00:58,760 Speaker 1: choose who you give the money to, you choose workers 23 00:00:59,120 --> 00:01:02,600 Speaker 1: because they have to get to work beneficiaries. Don't you 24 00:01:02,760 --> 00:01:06,280 Speaker 1: choose parents because their budgets are much less flexible. They 25 00:01:06,319 --> 00:01:10,240 Speaker 1: have added fixed costs that they just cannot escape, like childcare, 26 00:01:10,480 --> 00:01:12,840 Speaker 1: like dropping the kids off at school. I think the 27 00:01:12,880 --> 00:01:15,080 Speaker 1: government's actually done a pretty good job here of threading 28 00:01:15,120 --> 00:01:17,840 Speaker 1: the needle with this package. It's not inflationary if it's 29 00:01:17,840 --> 00:01:20,080 Speaker 1: only reallocating money that would have been spent at the 30 00:01:20,080 --> 00:01:22,720 Speaker 1: budget anyway. It's not taking on any extra debt that 31 00:01:22,720 --> 00:01:24,880 Speaker 1: wouldn't already have been taken on because it's in the 32 00:01:24,880 --> 00:01:27,800 Speaker 1: budget anyway. It has an off ramp of ending this 33 00:01:27,920 --> 00:01:30,240 Speaker 1: payment after a year, or when the price of ninety 34 00:01:30,280 --> 00:01:33,160 Speaker 1: one falls under three dollars for full consecutive weeks, whichever 35 00:01:33,200 --> 00:01:35,280 Speaker 1: comes first. I think part of the reason that so 36 00:01:35,319 --> 00:01:38,720 Speaker 1: many people are complaining today is because Jacinda and Grant 37 00:01:38,720 --> 00:01:42,120 Speaker 1: and COVID have got us addicted to government help. If 38 00:01:42,160 --> 00:01:44,920 Speaker 1: there is a problem, we now first of all expect 39 00:01:44,959 --> 00:01:47,039 Speaker 1: it's our defaults to expect the government to fix it, 40 00:01:47,080 --> 00:01:49,200 Speaker 1: isn't it, And we often expect the government to fix 41 00:01:49,200 --> 00:01:51,120 Speaker 1: it with money. We need to get off that because 42 00:01:51,120 --> 00:01:53,640 Speaker 1: we should have learned what happens after that. What happens 43 00:01:53,640 --> 00:01:55,480 Speaker 1: when you turn on the money hose from the government 44 00:01:55,760 --> 00:01:58,200 Speaker 1: is then you get inflation, then you get a recession. 45 00:01:58,480 --> 00:02:00,880 Speaker 1: Being more targeted and being more dis YEP, even if 46 00:02:00,920 --> 00:02:03,240 Speaker 1: most of us miss out, the vast majority of US 47 00:02:03,280 --> 00:02:07,120 Speaker 1: miss out ultimately does mean less pain for us. All. 48 00:02:07,280 --> 00:02:10,440 Speaker 1: For more from Hither Duplessy Allen Drive, listen live to 49 00:02:10,520 --> 00:02:13,560 Speaker 1: news talks it'd be from four pm weekdays, or follow 50 00:02:13,600 --> 00:02:15,360 Speaker 1: the podcast on iHeartRadio.