{"id":5333,"date":"2020-03-03T16:44:41","date_gmt":"2020-03-03T16:44:41","guid":{"rendered":"http:\/\/www.16news.com.au\/?p=5333"},"modified":"2020-03-03T16:44:41","modified_gmt":"2020-03-03T16:44:41","slug":"todays-rate-cut-lays-the-foundation-for-a-green-new-deal-whish-wilson-bandt","status":"publish","type":"post","link":"http:\/\/www.16news.com.au\/index.php\/2020\/03\/03\/todays-rate-cut-lays-the-foundation-for-a-green-new-deal-whish-wilson-bandt\/","title":{"rendered":"Today&#039;s rate cut lays the foundation for a Green New Deal: Whish-Wilson, Bandt"},"content":{"rendered":"<p>Greens Treasury spokesperson, Senator Peter Whish-Wilson, and leader, Adam Bandt MP, called on the government to respond to today\u2019s interest rate cut with stimulus spending, including for transformative infrastructure.<br \/>\n<strong>Senator Whish-Wilson<\/strong>\u00a0said &#8220;this government must overcome seven years of surplus mania.<br \/>\n&#8220;We have the triple whammy of COVID-19, secular stagnation and a climate emergency, including recent bushfires.<br \/>\n&#8220;The government must use the latest record low interest rates and undertake stimulus spending.<br \/>\n&#8220;There\u2019s no point achieving a surplus if the economy is on life support.<br \/>\n&#8220;I expect to see a conversion on the road to Damascus.<br \/>\n&#8220;Without government action the cheapest money ever will continue flow into ever higher house prices and other unproductive speculation.<br \/>\n<strong>Adam Bandt<\/strong>\u00a0said the Greens have a plan to stave off a recession and transition to a clean energy future.<br \/>\n&#8220;We\u2019re heading towards a cliff but Scott Morrison is refusing to grab the steering wheel.<br \/>\n&#8220;A looming recession means we need to stimulate the economy and there\u2019s never been a cheaper time to do it.<br \/>\n&#8220;The Green New Deal means tackling the economic and inequality crises by lifting Newstart and Youth Allowance, increasing public sector wages by 4% and investing $6b to extend the electricity grid to Renewable Energy Zones.<br \/>\n&#8220;The only thing stopping the government from putting the economy back into gear is their own \u2018surplus first\u2019 rhetoric.<br \/>\n&#8220;Government needs to act now to stave off a recession or the public will never forgive them.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Greens Treasury spokesperson, Senator Peter Whish-Wilson, and leader, Adam Bandt MP, called on the government to respond to today\u2019s interest rate cut with stimulus spending, including for transformative infrastructure. Senator Whish-Wilson\u00a0said &#8220;this government must overcome seven years of surplus mania. &#8220;We have the triple whammy of COVID-19, secular stagnation and a climate emergency, including recent &hellip; <a href=\"http:\/\/www.16news.com.au\/index.php\/2020\/03\/03\/todays-rate-cut-lays-the-foundation-for-a-green-new-deal-whish-wilson-bandt\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Today&#039;s rate cut lays the foundation for a Green New Deal: Whish-Wilson, Bandt&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-5333","post","type-post","status-publish","format-standard","hentry","category-aussie"],"_links":{"self":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts\/5333","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/comments?post=5333"}],"version-history":[{"count":0,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts\/5333\/revisions"}],"wp:attachment":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/media?parent=5333"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/categories?post=5333"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/tags?post=5333"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}