The standard critique of the package seems to be that it only benefits some. Der. Why would we be surprised at that? In economic history has there ever been a policy that delivered equal benefit to everyone? Even uniform cash handouts to everyone, unimaginative as that would be, don't deliver equal benefit; some individuals spend money more wisely than others.
Admittedly the package doesn't yet include aid for the unemployed and underemployed. Yet. Expectations are that they will be included soon. All credit has to go to this still new government for its fair and speedy response.
The public is getting sick to the back teeth with the Turnbull/Costello tag team effort predicting doomsday deficits. Yeah we might be in debt, but like the householder who extends the mortgage to do roof repairs, least we'll be living in a better-off society and repaying money well spent. Meanwhile the true worth of our economy and society will have gradually improved. And is Malcolm really still the leader? His address to the nation sounded strangely like the former treasurer.
The government is always the lender and risk taker of last resort in times like these. Unfortunately, that's the way reality-capitalism works. The role of the state is as central as ever and during the neo-liberal heyday this was somehow forgotten.
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