Productivity or Anti-Productivity Commission

Writing in the Australian newspaper today, Productivity Commission Chair Danielle Wood and Commissioner Martin Stokie wrote in support of the the Government’s proposed Early Childhood Education and Care policy, including:

The government’s proposed “three-day guarantee” will remove the work activity test for those days of ECEC for families earning less than $530,000.

I will come back to this in a moment but would first like to remind reads of the last bit of Productivity Commission in support of yet another welfare program. From my friend Chat GPT:

In 2011, the Productivity Commission (PC) released a report titled Disability Care and Support as part of its inquiry into a national disability scheme. This report laid the groundwork for the establishment of the National Disability Insurance Scheme (NDIS). Key points regarding the cost of the NDIS highlighted by the commission include:

Projected Cost:

The commission estimated the cost of the full rollout of the NDIS to be approximately $13.6 billion annually in 2011-12 dollars. This figure represented the expected total annual cost once the scheme was fully operational and providing support to all eligible participants.

Let’s be generous. Let’s assume $13.6 billion in 2011-12 dollars would be $25 billion it today’s dollars. But what is the NDIS budget for this year? $49 billion.

So the productivity commission was off by a modest 100%.

And now they are advocation for more welfare. But worse. Middle class welfare. Said Wood and Stokie.

The goal of giving every child a three-day guarantee of quality ECEC will make a profound difference in the lives of all families and children. Delivering further on the recommendations in our inquiry will ensure we have a truly universal ECEC sector that is accessible, high-quality, inclusive and affordable.

You know what else it will make a profound difference in? Higher taxes. Higher government spending. Lower productivity. Higher inflation.

The essential proposal it to throw more taxpayer money at the sector. Nowhere is a proposal for how to increase supply. More dollars chasing fixed supply. Hmmm. Isn’t that called inflation.

YES!

Under this Labor government, every economic institution has been corrupted or is in the process of being corrupted. Treasury. RBA. Future Fund. Productivity Commission.

All in the service of more government and less private sector which will deliver, as it has everywhere in the world it has been tried, more poverty and social disharmony.

Doomed I say. We are doomed.