Quote:But if Labour gets in, I hope to hell in the future, that the Ausie workers don't have to endure what I and many others I know, went through.
That $520 Billion debt has to be serviced eventually, whether under labor or liberal...the reality is, if it is kept being put off it will come back to bite...should labor win and choose to implement policies to service this debt, then Australia's economy will likely slow...and it will hardly be the fault of Labor.
Also on the economy, last year it ran at 2.68%...so if you factor out the comodities boom (which has nothing to do with federal govt, and everything to do with the rest of the world), then our economy is stagnant.
Worse, there are signs that the comodities boom may slow...in which case Australia's economy could suffer terribly (which won't be the fault of the labor govt if it's elected)
As to many Australian's current prosperity...much of it is on the back of property booms...which is good for those with property, and bad for those without, and bad for young people (many of whom will also struggle under a HECS debt...with some degree's hitting the $250,000 mark)
And to IR WorkChoices...America is an example of what happens with 30 years or so of similar legislation...the minimum wage goes down relative to inflation, and the max wage goes up. The minimum wage earners can't afford to send their children to Uni, while the max wage workers can. The price of housing goes up, driving up the price of renting, meaning the minimum wage workers have even less in their pockets. The minimum wage workers can then only afford to live in 'bad' suburbs, and slums form. Crime rockets in those suburbs, and related social problems start appearing ....(more than they currently do that is).
I personaly don't want a country like that. While I think everyone should have a fair wage, and be paid what they are capable of earning, so I also believe that the minimum wage should be protected so that those poor have a chance to escape the poverty cycle. I do not think such things are mutually exclusive.