Tuesday, 14 October 2008

Pensioner's needs !

The government is in a bind trying to decide how to compensate pensioners for rising inflation. It does not take Einstein to figure out what the decision will be !

The Federal government will shortly announce a one-off bonus - probably $ 500 - to be paid in early December.

This would be the best of all worlds. It would depict the government as a caring Santa Claus, providing much needed money to put Christmas fare on pensioner's tables - and helping with the expenses of the festive season.

It avoids the ramifications of giving a thirty dollar a week pension increase - which once given can not be taken back without huge ructions.

A one-off bonus has the precedent of a similar measure given towards the end of the last financial year - and $500 equates to a whisker over sixteen weeks increment of $ 30 a week - taking it well into the new year and into the time when the present pension enquiry is expected to finish.

It therefore solves the short term crisis - makes the government look good - and is assured of enthusiastic approval from pensioner groups.

That is an outcome that would be nice if applicable to all our other problems !

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