In recent years, our nation has faced the most severe inflation in a generation, causing an unprecedented surge in the prices of essential goods such as housing, food, and energy.
Concurrently, wages have stagnated, leading to a drastic decline in real wages. Despite government assertions of full employment, a staggering one in five individuals earn below the minimum wage.
This dire situation has placed immense strain on households nationwide. Dual-income families find themselves grappling with soaring mortgage and childcare expenses, while young people seek opportunities elsewhere due to unaffordable living conditions.
Even individuals in their thirties and forties are forced to return to their parent’s homes due to housing affordability.
Such circumstances are unjust and demand immediate action.
Addressing this issue requires a comprehensive approach that intersects with our policies on Housing and Energy.
Our Energy strategy outlines plans to enhance the availability of dependable and cost-effective fuel sources.
Additionally, our proposal aims to significantly boost the housing supply, thereby mitigating both purchase and rental costs.
Furthermore, we pledge to abolish burdensome carbon taxes to alleviate the financial burden on consumers.
Additionally, we commit to exploring avenues for reducing other taxes that disproportionately affect low and middle-income earners.
The proliferation of government bureaucracy and red tape exacerbates the inflationary pressures on housing, food, and energy.
Hence, we advocate for the removal of regulatory barriers, allowing the free market to efficiently meet our needs at competitive prices.