Adventure Ausrama Blog

More jobs for the US economy. Globalization has failed. Countries are distinct cultures. Working life may be the same, but the values people live by are much different, particularly in regards to religion. Jobs have been lost in developed countries as so called developing countries keep labor costs down by manipulating their currencies and not giving their workers social welfare support. Americans want jobs A case in point is Australia's compulsory superannuation. This was a silly idea to begin with as companies went to the wall and workers lost all their super. This is a cost burden on wage costs. Employees must live now, so wages rose to leave enough current spending after paying in superannuation. This is seldom mentioned by economists let alone governments. Developing countries do not have this cost burden. No wonder Donald Trump is supported by a large slice of the American population. He promises to put up trade barriers to create jobs at home. His re...

Pensioners have gray hair. They are also entering a gray area, politically, socially and economically. Most people reaching pension age have never paid superannuation and others have only been paying it for a few years of their working lives. The amount saved by super is certainly not enough to live on. This group relies on the government to provide them with an income. Calls are coming from all sides for an increase in the pension to a "livable" level. Basic costs like council rates, rents, electricity, gas, water and sewerage have gone through the roof in the last decade. There is no solid reason why this should be so. Electricity companies keep saying the old infrastructure has to be renewed. Surveys show they have actually over-spent, pushing the cost onto consumers. Giving those who could afford solar power a massive discount for feeding electricity back into the grid is appalling political decision making. Pensioners could not afford solar. They are s...

It would be expected that people of middle age had problems with life. They are still working, see young people taking over their jobs and worry whether they have accumulated enough superannuation. Perhaps elderly people have a tough time. Many completed their working lives when superannuation was not compulsory and rely on an inadequate state pension. If they have not purchase a home during their time working they have to pay rent out of the little bit the state gives them, then have to live on what is left. If you thought these two groups were the greatest worriers you would be wrong. Young people aged between 18-25 are most stressed according to an online survey involving 1500 subjects. The young are not really taking jobs from the elderly. Under 25s have a hard time finding a job in the first place even if they have a university degrees. With the way they are brought up - having anything they wanted from parents who were afraid to discipline them, they find staying at work for ...