bertsmobile1
Lawn Royalty
- Joined
- Nov 29, 2014
- Threads
- 64
- Messages
- 24,705
Between little government & big government here is a happy medium
When I was in short pants over 70% of the Australian population worked for the government , 5% worked in agriculture 5% worked in retail 10 % worked in the services industry and the remainder in manufacturing ( excluding the government factories ) with an unemployment rate less than 1%
Back then only 1 parent worked 85% of the population owned their own home and a labourers wage could pay down a home loan feed , cloth & educate 4 kids
Since then we have sold off the government banks,airlines, phone company , electricity generations , ports, airports, rail freight , shipyards, railway workshops & defence manufacturing , including aircraft & social housing .
This was done to become a modern efficient small government economy and "reduce the tax burden" on the economy, company taxes are down 15% PAYE tax is down 8 fabulous result over 60 years .
Net result , home ownership down to 68% ( owner occupiers ) absentee landlords up by a factor of 40 , power bills so high the government is forced to regularly make relief payments , 2 university graduates can not save enough to get a home deposit because the absentee millionare landlords push prices way beyond what a normal person can afford , 1/3 of all renters get government rent relief ≈ $ 380 week that goes to the greedy landlords , banks financial institutions & insurance companies just found to all be corrupt and all finned massively , massive subsidies for airlines, airpots all turned into captive shopping malls , phone bills so complicated Einstein would be hard put to work them out , hospital waiting lists so long people fly to the Phillipines or India to have surgeries because they would be dead before a public hospital can get around to performing the surgery , thousands of very sub standard medical staff imported every year because wages are so low you make more money driving a Uber and the hours are better .
When I started out as a graduate, my salary was $ 8,000 /pa and a CEO was on average $ 40,000 ie 5 x base graduate salary
An equivalent graduate now days as a starting salary of $ 70,000 and a CEO in on $ 1,000,000 minimum with most in the $ 10,000,000 to $ 20,000,000 range ie 15 x to 300 x a graduate base salary and these are the people who determine how much I pay for water, electricity, rent etc etc etc .
As for your idea about lowering wages does that come with manditory price drops ?
When I was in short pants over 70% of the Australian population worked for the government , 5% worked in agriculture 5% worked in retail 10 % worked in the services industry and the remainder in manufacturing ( excluding the government factories ) with an unemployment rate less than 1%
Back then only 1 parent worked 85% of the population owned their own home and a labourers wage could pay down a home loan feed , cloth & educate 4 kids
Since then we have sold off the government banks,airlines, phone company , electricity generations , ports, airports, rail freight , shipyards, railway workshops & defence manufacturing , including aircraft & social housing .
This was done to become a modern efficient small government economy and "reduce the tax burden" on the economy, company taxes are down 15% PAYE tax is down 8 fabulous result over 60 years .
Net result , home ownership down to 68% ( owner occupiers ) absentee landlords up by a factor of 40 , power bills so high the government is forced to regularly make relief payments , 2 university graduates can not save enough to get a home deposit because the absentee millionare landlords push prices way beyond what a normal person can afford , 1/3 of all renters get government rent relief ≈ $ 380 week that goes to the greedy landlords , banks financial institutions & insurance companies just found to all be corrupt and all finned massively , massive subsidies for airlines, airpots all turned into captive shopping malls , phone bills so complicated Einstein would be hard put to work them out , hospital waiting lists so long people fly to the Phillipines or India to have surgeries because they would be dead before a public hospital can get around to performing the surgery , thousands of very sub standard medical staff imported every year because wages are so low you make more money driving a Uber and the hours are better .
When I started out as a graduate, my salary was $ 8,000 /pa and a CEO was on average $ 40,000 ie 5 x base graduate salary
An equivalent graduate now days as a starting salary of $ 70,000 and a CEO in on $ 1,000,000 minimum with most in the $ 10,000,000 to $ 20,000,000 range ie 15 x to 300 x a graduate base salary and these are the people who determine how much I pay for water, electricity, rent etc etc etc .
As for your idea about lowering wages does that come with manditory price drops ?
