This is a massive re-distribution of public funds to the aspiring middle class. Uni students are overwhelmingly from professional and managerial backgrounds, and end up in those self-same jobs. Those who need the help are from less advantaged backgrounds.
— Peter Byard Davis (@PeterByardDavis) June 28, 2018
A very astute analysis by Peter Davis on how Labour is spending billions of dollars and it is not redistributing from the rich to the poor, but is a massive subsidy to the aspiring middle class (who will earn on average $1.6 million more over a lifetime).
Everytime Labour claims they don’t have enough money for something, one should remind them of the billions they are wasting here.