Frydenberg says Government 'favourably disposed' to extending JobSeeker in coronavirus economy

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The Federal Treasurer tells Insiders the scheme is likely to be extended beyond December, but says the Government must 'get the balance right' so people are encouraged to return to work.

, Mr Frydenberg told the National Press Club a national focus on supply, like former UK prime minister Thatcher and former US president Reagan, could strengthen the economy.

Thatcher's push to tame inflation led to mass unemployment, while the merits of Reagan's move to slash individual tax rates are still being debated today."Thatcher and Reagan are figures of hate for the left because they were so successful," the Treasurer said. "This bizarre mini-Maggie approach to the economy will make a difficult situation even worse," Mr Chalmers said.

 

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Cites Reagan and Thatcher policies. Might wanna check how they went in the pandemic Josh...

real Australian economy..buy a shirt for 1$ from china and then sell it to Australian at 50$..make 40 dollars as tax and various charges and give half back as a dole to people who don't want to work to keep the economy churning..hmm tourism, education and mining does the rest.

'Following the principle that says the enemy of my enemy is my friend, I feel favorably disposed toward the singular they because a lot of people with whom I disagree about other things dislike it.' auspol ausFRAUD

He wouldn’t be framing it that way if he was in opposition.

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