68 councils serving just 1.9 million people. Thats an entire council bureaucracy for every 28,000 people; barely half a football stadium of people. Mount Barker has 25000. $100M debt in 2 years is $4000 for every man woman and child; or $16,000 debt for a typical couple with 2 kids. But that is only the local council debt. The SA state g…
68 councils serving just 1.9 million people. Thats an entire council bureaucracy for every 28,000 people; barely half a football stadium of people. Mount Barker has 25000. $100M debt in 2 years is $4000 for every man woman and child; or $16,000 debt for a typical couple with 2 kids. But that is only the local council debt. The SA state government has $28B in debt! Thats $15000 per person in SA, and forecast to rise to $23000 in 2027. Per PERSON. Then there is the national government debt on top of that. And all of this is just EXTRA debt, on top of the waste and fraud that burns through the >50% that the government already steals from people's earnings. This is beyond unsustainable, and beyond the point of no return. This is going supernova.
68 councils serving just 1.9 million people. Thats an entire council bureaucracy for every 28,000 people; barely half a football stadium of people. Mount Barker has 25000. $100M debt in 2 years is $4000 for every man woman and child; or $16,000 debt for a typical couple with 2 kids. But that is only the local council debt. The SA state government has $28B in debt! Thats $15000 per person in SA, and forecast to rise to $23000 in 2027. Per PERSON. Then there is the national government debt on top of that. And all of this is just EXTRA debt, on top of the waste and fraud that burns through the >50% that the government already steals from people's earnings. This is beyond unsustainable, and beyond the point of no return. This is going supernova.
Supernova ... black hole ... cataclysmic either way.