On Sun, 2 Feb 2014 11:34:58 Peter wrote:
Which isn't surprising.. Go through all stuff Liberal does - you will find they benefit "well-off people" and hurt the rest.
I don't know why it is so impolite to talk about "class wars" - they are still on.
It's a strategy to avoid discussing things that would be unpopular if people thought about them.
Over the last 20 years Australia was lucky to have an unprecented mining boom so there was a "trickle down" effect for most.
Bad terminology there. Mining improved the Australian economy because there are a large number of people who get paid more for working at mines than for working in an urban area. That directly spreads money through the economy as most of the money is spent in suburban areas. "Trickle down" is usually used to describe tax cuts for the rich which result in them buying expensive things from other countries and the money just leaves the economy. The poor people don't even get a trickle.
I was pretty sure Abbott's time will be "wasted time" because it does not address any progress in economics. You can squeeze few per cent profit by union bashing but it does not help to steer Australia away from the reliance on two industries (mining and agriculture) which makes us so exposed to the volatility of the world's economy.
Union bashing is a short term strategy. Most Australian businesses depend on Australian customers. They need a strong middle class to buy their products. It doesn't matter how cheap labor is or how low taxes are, if there aren't buyers then the factories will close.
We have our home grown Tea Party here.
They tried to make a Tea Party here, but it didn't work. Even when they paid people to attend rallies they were lucky to get a few hundred. -- My Main Blog http://etbe.coker.com.au/ My Documents Blog http://doc.coker.com.au/