A certain desperation is creeping into the language of some as the so-called post Covid-19 recovery settles in. 

Travel agents are pleading for more money or else their industry will "collapse.”

The wage subsidy comes to an end on September 1, that is no bad thing. Will companies fall over and people lose their jobs? Yes. But what's the alternative? Welfare? And not the welfare you can already access, but the artificial welfare that would have replaced the real money no longer being earned by a business sector that has been wiped out.

There is still plenty of money about the place. There is money specifically set aside for the tourism sector, and it's set aside based on sound principles. Those principles being some jobs, some sectors will come back, and we will need them ready to go. There's no point in destruction only to have to rebuild.

But, and here's the new development that hasn’t been worked through properly, now that we know the borders aren't opening until there is no community spread in the countries we are opening to, or a vaccine, just how long should we wait?  And should we be artificially propping people up?

As encouraging as the news is around the vaccine this week, no one seems to think we'll see anything this side of Christmas.

So is a travel agent worth propping up? Sadly, no. You have to  be realistic. We don’t actually have any money to do the propping. There will always be people with plight you can sympathise with, and no more so than in a time like this where none of this is anyone's fault.But as in all great calamities, some will prosper and some won't. In this case many won't.

The trick to good leadership is know the difference, and being bold enough to make the calls.

I might be a bit of a lone vice in this, given what Phillip Lowe at the Australian Reserve Bank said this week, he said more money, more borrowing, and it's only because we are not used to all this that it all seems odd.

But here's what i know about our plight, we have no money. We will need to pay back what we borrow, and we aren't doing it by propping up industries and businesses that, for now anyway, can't turn a dollar by themselves.