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stacksatsio / StackSats.IO
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2024-01-29 08:20:14

stacksatsio on Nostr: Australia’s National Disability Insurance Scheme (NDIS) is projected to blow out to ...

Australia’s National Disability Insurance Scheme (NDIS) is projected to blow out to 3% of GDP in 10 years, growing to $125 Billion per annum.

These socialist policies that rich developed Western economies think they can get away with are going to be their demise. You cannot throw this much money at literally the least productive sector of society and get good outcomes.
This is why #AUStriches economy is fukt - 1 in 5 people claim to have disabilities with a 31% lower workforce participation for 15-64 year olds.

How many of these people are genuinely disabled and unable to work? Definitely not 1.1 Million as the numbers suggest!
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