Amazingly, there are whole entire online communities (and even books) on frugality and living well below your means. I find the topic fascinating. There are people out there who retired before 30 (after building a capital sum) and live like this. I visit a site called Early Retirement Extreme every now and then. For an American site based on conditions over there, it is surprising that there are quite a few Australians who post there.The public discussion is less than accurate with the reference to "could you live on $38 per day?" That's what a single person without children receives plus rent assistance of around $70 pw, so probably around $330 p.w.
Buggered if I know....
On the contrary, I find your post interesting and will have a look at the website you mention.Amazingly, there are whole entire online communities (and even books) on frugality and living well below your means. I find the topic fascinating. There are people out there who retired before 30 (after building a capital sum) and live like this. I visit a site called Early Retirement Extreme every now and then. For an American site based on conditions over there, it is surprising that there are quite a few Australians who post there.
I think the site originitator got his budget down to $6k per annum in US dollars.
The two extremes of this debate "inhumane" vs "freedom" are very interesting.
sorry I didn't exactly add anything to the debate.
Sure, but that was in the past before so much was computerised. To create 'make work' schemes these days is rarely cost effective.It's worth reflecting that in different times governments chose to create a range of simple laboring jobs with an eye to creating work for the working class. Railway labourers for example.
Wonderful. And what exactly would these parents do that would so usefully contribute to the education of children? Having mentored in state primary and secondary schools for many years, I've found almost all of the parents of children I've worked with have been pretty much illiterate. To put any of these people in a classroom would be counter-productive at best.There is also a good case for creating school assistant positions with a specific eye for single parents - mainly mothers. The work is valuable, The hours are just made for parents with children. The wages would end up being probabaly $100 -$150 a week more than single mothers pension and would address both issues elegantly
That's an illogical response and you know it.With regard to my statement challenging old age pensions. I was connecting the dots between people who start to argue that welfare encourages dependence and use that suggestion to reduce the size and range of pension entitlements.
For god's sake, basilio, Australia does not share Europe's economic malaise.Lets be quite clear about the current political climate. Across Europe country after country are reducing pensions because of economic conditions.
I disagree absolutely. It would be political suicide for the Libs to cut age pensions. I'd be happy to bet you $100 that this will not happen. Are we on?In Australia the Liberal Party is relentless in its attacks on government spending and welfare. If/when they get into power then there will certainly be huge cuts in pensions as per England, Greece . Spain, Eastern Europe ect.
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I disagree absolutely. It would be political suicide for the Libs to cut age pensions. I'd be happy to bet you $100 that this will not happen. Are we on?
You are on.
The Libs have always proved to be unsympathetic to pensioners and their conditions
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For god's sake, basilio, Australia does not share Europe's economic malaise.
Oh for heaven's sake. You cannot compare private pension arrangements via a local body council, or the US situation with our Australian government age pensions.In today's "Bendigo Weekly" the Council here are in big trouble trying to meet pension commitments of retired employees. As in many states of the US one can see defaults coming here too.
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