In the BC period (before COVID-19), one of the main obstacles to the government repaying the national debt was its reluctance to tackle middle-class welfare. This is welfare provided to people who are neither poor nor needy.
As we enter the PC (post-COVID-19) period, now with enormous debt due to the support measures implemented to counteract the impact of controlling the pandemic, the question is: if middle-class welfare is not finally tackled now, then when? And if the answer is never, will we ever begin to repay the debt?
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David Leyonhjelm writes on Australian politics and was a Liberal Democrat senator for NSW.
