The Forum > Article Comments > Call it out, the ship is sinking! > Comments
Call it out, the ship is sinking! : Comments
By Stuart Ballantyne, published 16/6/2023My ears pricked up when I heard a very good friend of mine in the US commenting that it was disappointing watching Australia sinking, but it's true.
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The superannuation system is robust. It's nearly always been under attack, even while it was being strengthened, and nowadays it's considered a world leader.
Excluding 2020 (when there was a one off hit from Covid and lockdowns) GDP per capita (our best measure of productivity)was growing until this year, Interest rate rises have held it back recently, but there's no reason to believe that this is more than a short term effect; to say it's tanked is a quite absurd exaggeration.
Defence budgets are always being reviewed. Defence spending is high and set to remain so, but spending the money in the most effective way is always a challenge.
What's your source for the claim that "youth crime has trebled"? And over what timeframe?
How do you determine if bureaucrats are overpaid, and what is your source for claiming that the numbers of them, and fee base permits, have doubled?
House prices have been on an upward trend for decades, and that is likely to continue. So of course we need more housing and we need to give people more alternatives to the expensive options that currently dominate the market. But why would you think it's sinking us?
Our currency's in the range it's long been in, and its value is sustainable. Why worry?
Why do you think our legal system and health system are collapsing?
V alues are changing but change, even when it's a decline, doesn't equate to collapse. Unfortunately churches suffered reputation shock from a crisis of their own making (failure to prevent abuse). Reputation restoration takes time, and many are still failing to adequately deal with the problem. And the problem is global rather than specific to Australia.
The description of "incompetent imbecile" better applies to the previous captain than the current one (who is at least trying to address the problems). But it could just as easily be applied to those shouting "we're sinking" when more objective analysis shows we're clearly not.