Hey Malcolm 'Paddy' King

That Professor Ricard Blandy piece is back http://www.adelaidenow.com.au/news/opinion/richard-blandy-strategies-for-sas-growth-not-statements-of-aspirations-please-mr-premier/story-fni6unxq-1227023553477

Looks like anti-HUAC communist propaganda!

Pete

Yeah, I can find it too Pete. But its not on the front page. Has been removed.

Fear not, Mr King.

According to some experts on this Forum, South Australia's slow GSP growth, coupled with a declining population, put it on track to economic Nirvana.

"GSP is growing at 1.0 percent yet Australia is growing at 2.8 per cent... On average, between 20-30,000 South Australians actually leave the state every year and in strong economic times, immigrants... make up most (but not all) of the short fall. In poor or indifferent economic times, the departures out weigh the arrivals by up to 4000 people per year. Since 1984, that has totaled 80,477 people."

Apparently, growing GSP and growing populations are inappropriate accessories to a flourishing economy.

>>If we were to have a population that was decreasing, we could possibly have a GDP that was decreasing while the economy was improving… and while per-capita GDP was increasing.<<

http://forum.onlineopinion.com.au/thread.asp?discussion=6365#189541

Step up to the plate, Ludwig, and tell us all how it is done, why don't you.

Malcom it's all hot air if your not offering a solution. I don't think there is anything going on in Adeliade that is any different to anywhere else. Can you tell me any state that is doing well? Mining is all we have got these daya.... Some mines are doing very well in SA and NSW for that matter but most are in WA and QLD.

One thing we will both agree on the SA Libs are hopeless both feds and state. Labour can't loose an election rigged the Libs way.

I think Adelaide has been mismanaged as governments pander to sense of entitlement and running a political agenda that has left the state with the highest energy price in the country (and also most renewables - might be some coincidence). At some point other peoples money runs out and if squandered then there's no investments left to show for it. There's still time and the state is blessed. Just needs good strong leadership to help accelerate the turn around.

Thanks Malcolm King for this timely and detailed picture of what most parts of Australia are destined to become.

If a population keeps increasing, then at some point there is an oversupply of labour, and with computerisation, automation and mechanisation, the oversupply of labour happens much more quickly.

“We examine how susceptible jobs are to computerisation. To assess this, we begin by implementing a novel methodology to estimate the probability of computerisation for 702 detailed occupations, using a Gaussian process classifier.

According to our estimates, about 47 percent of total US employment is at risk. “

http://www.oxfordmartin.ox.ac.uk/downloads/academic/The_Future_of_Employment.pdf

SA is well overpopulated like the rest of Australia, although a little more advanced in its inevitable social and economic decline.