This post goes beyond my usual comment exclusivity. It is about more than education. It was written several years ago while I was contemplating this subject and I feel these situations to still exist. In fact, the negatives in some cases are ‘sharper’ in 2017 than when first considered.
Our shattered economy
We have lost manufacturing industries to overseas destinations.
We have a Fair Work Act that is strong on rhetoric but in many cases short on practical and sensible expediency.
We have introduced massive red tape and bragged about minimal and prodic easing of paperwork accountabilities.
We have sold residential property to overseas interests in such volume as to price Australians out of the housing market.
We have sold and keep selling massive tracts of agricultural land to overses interests.
We have agreed to free trade agreements which open Australian markets to foreign imports, tenders for goods supply and priority to overseas suppliers to the detriment of domestic interests.
We have offered huge tax concessions to major industry in a way that almost lets them off the tax hook.
We allow mining exploitation and business profits otherwise to generate benefit for overses companies and their foreign shareholder base.
We borrow and spend $100,000,000 each day more than is generated by our domestic production.
We endorse greater and greater percentages of our GDP being spent on offsetting interest accumulating on our government borrowings. We believe that major indebtednes is a wonderful thing.
We discourage workers through increasing tax imposts.
We think that salaries for CEO’s and Government Department Heads should be paid in their hundreds of thousands and millions of dollars each year.
We are overgoverned to glory. We have too many layers of government.
We pay retired politicans benefits that are generous to the point of being almost immoral.
I could go on.
No wonder we have a tattered economy and a fractured economic outlook. The future is bleak.