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Our politicians are repeating mistakes they made with the car industry and GMH : Comments
By Brendan O'Reilly, published 8/4/2020Overall, economic theory broadly labels industry subsides as a distortion. So why do Australian governments persist with these policies?
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Most non-politicians getting big money have qualifications; politicians do not. Rudd wasn't even worth the basic wage, but Morrison is in the chair now. My sentiments apply to all of the dropkicks, irrespective of party. And, I am a conservative. There is no conservative party in Australia.
PP,
It's not about ability, it's about economics. We don't have the market for cars: that's why the industry had to be so heavily subsidised; that and the gross greed of unions and workers.