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Showing posts with the label poverty

Poor Wage Management by Coalition Government Over Last Five Years

Since the Liberal-National Coalition has been in government it has followed the same policy as Germany and France. That is: keep wages low and restrict welfare. But of course, This reduces spending and puts a brake on the economy. Wealthy businesses benefit from lower wage costs. Two thirds of the population suffer while the top third get rich. The economy of Australia has been stagnant for the last five years compared to other countries. For three consecutive quarters GDP per capita has fallen. Construction is in decline. As the wealthy have become richer they have hoarded their money. They have spent the same each year for the last seven years. Australians generally have become poorer while company have made great profits. Furthermore, the government has brought in laws that stops unionists going on strike. There are massive fines for the unions if they do. Household disposable income has fallen by 0.8 per cent over the last twelve months. Australian disposable income ha...

Refugees Mean Poverty, Unemployment and Economy Decline for Europe

More refugees are coming from the Middle East and Africa to Europe. This is putting a tremendous burden on European countries. It will bring three things: poverty, unemployment and economic cost. These people will not find accommodation. In all Western countries the cost of average housing has gone through the roof in the last decade. Europe has a relatively dense population already. Land for new building estates has mostly been exploited. Refugees do not have a nest egg of money for a deposit nor do they have established friends and relatives for help. They will live in parks for the rest of their lives. Almost all of the refugees are unskilled. There is a mass of unemployed native born people in European nations now. They have no future, so refugees face the same bleak future. Training is expensive. With freedom of movement to other countries in Europe no individual nation is going to pay to train non-citizens. let's face it only a small minority will ever ...