The Forum > General Discussion > Obscene penalty rates in 2014
Obscene penalty rates in 2014
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Yes, sorry, I did misunderstand, although not intentionally.
I'm not wholly up on car manufacturing, but seem to recall that Germany pays its car workers a reasonable wage and yet maintains a car industry...perhaps you can enlighten me more.
The other point I'd make, while we're comparing the UK to Oz, is that in the wake of the GFC the UK has had a Tory govt, austerity, etc...and now has Foodbanks galore and a debt to GDP ratio of around 86%.
Australia, on the other hand, under a Labor stimulus for the equivalent period, has low debt to GDP ratio of around 11 %.
http://www.abc.net.au/news/linkableblob/3727694/data/possum-graph-8-government-debt-as-gdp-data.jpg
Funny old world....