You know you can just admit if you have no empathy for anyone else. It's a lot easier than diversion.
Again, you haven't quantified economic impact. Cowboy, the bastion of water tight argument, struggles to apply the same rules to his own.
So it sounds to me that you believe that labour is too expensive in Australia and that unions are to blame for excessive wages in Australia? is that correct? And this is the reason for the erosion of industry in Australia? It's pretty sound logic, I'd hardly dare to argue with it myself.
So this then begs the question mr Cowboy Investor. By what mechanisms do we become a competitive manufacturer? Because as I see it, there are two things that make a nation a manufacturing power house, poor investment in worker safety (and high mortality rates) and salaries well below the bounds of the poverty line.
So what is then? A Bangladeshi/Chinese landscape of impoverished victims of a race to the bottom? Or a nation that prides itself uplifting its workforce? As an aside, the rio tintos and BHPs and Fortescues of the world seem to do perfectly fine in australia and as luck would have it, they're some of the highest paid labour in the world.
