Kevin Rudd's message to Australia: Don't save money, keep spending, don't pay off debt. Is this irresponsible?

From today the Government, in its bid to stimulate the economy, will start rolling out its one-off payments of about $1,000 to six million Australians. Some people have the right idea with "a survey from the Australian National Retailers Association (ANRA) of 1,000 people shows 54 per cent of Australians said... show more From today the Government, in its bid to stimulate the economy, will start rolling out its one-off payments of about $1,000 to six million Australians.

Some people have the right idea with "a survey from the Australian National Retailers Association (ANRA) of 1,000 people shows 54 per cent of Australians said they planned to save their cash bonus or use it to pay off debts".

Surely what Australia's Prime Minister and Treasurer are encouraging Australians to do is not in the long term interests of people?

The experts all around the world are all saying to pay off credit card debt and cut down on no-essential spending, so why are the Australian Government's ideas so different?

Once people spend their bonus the problems don't magically go away, or do they?

quotes from - http://au.news.yahoo.com/a/-/newshome/51...
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