The Forum > General Discussion > Australia: No Longer the 'Lucky Country'
Australia: No Longer the 'Lucky Country'
- Pages:
-
- Page 1
- 2
- 3
- 4
- ...
- 6
- 7
- 8
-
- All
The National Forum | Donate | Your Account | On Line Opinion | Forum | Blogs | Polling | About |
Syndicate RSS/XML |
|
About Us :: Search :: Discuss :: Feedback :: Legals :: Privacy |
OECD statistics show that incomes of the Australian middle class have been dropping by over 1%, every decade, since the 1980s. The middle class, in size, ranks below the OECD average, and millennials are more likely to “sink into poverty” than they are in all other advanced nations except Greece and Latvia.
The ALP, once the party of the working class which helped people to attain ‘middle class’ status, is now the party of the professional class - “media, finance, public service”: all concentrated in the largely “family-free” inner cities.
The economic elites benefit from the “flow of natural resources” to Asia or by pushing climate-change ‘mitigation’ programs, but they have “little stake in domestic production that makes use of Australia’s mineral wealth.
There is a “gradual deindustrialization” of Australia.
Australia’s commitment to renewable energy “dwarfs” that of even the most committed green-leaning countries. We have, per capita, about 5 times as many renewable energy installations as the EU, the US and China; and ‘even’ 2.5 times more than “climate obsessed” Germany. Not to mention some of the highest energy costs in the world, up 130% between 2015 and 2017.
The author sees Morrison as having an opportunity to grab working class votes from Labor. Can’t agree with that one, Joel; the Coalition is only a little different from Labor, and their main claim to government is that they are not Labor.
There is much in this article that I cannot review in 350 words. It needs to be read in full. I’ll just end with a sentence from the final paragraph: “Today, many Australians face an uncharacteristically bleak future”. (‘The Once-Lucky Country’, Joel Kotkin)