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TillLindemann

14,681 Posts.

451

11/07/21

20:00

Post #: 54428444
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Originally posted by moorookamick: ↑

IMO so are you.
If we only had 1 citizen then we'd have a GDP/capita of $2 Trillion.
Would we have a better country?

You say, eh?

While you focus on the individual, I focus on the Aus and what's best for Aus..

China for example has a GDP/Capita of about $14K but its military
budget alone is over half our complete budget & 8 times that of our military
and its GDP is $14 Trillion USD, or over 9 times the size of Aus and its
position in the World reflects that while Aus with a GDP/capita 5 times that of China
are merely a minnow.

If we had a population comparable to Canada with our current GDP/Capita we'd have a GDP $2.7 trillion
which might even squeeze us into the G7 rather than having our Adman eavesdropping from the flies in Cornwall a month ago

The Government's fair wage Commission has limited the minimum wage to $20.25/hr.
which effects 2.2 million Aussies at least , If the Government wished to lift this
minimum wage then it could do so. IMO that should be $30/hr which would
encourage those on Welfare/unemployment to get out there and work.
Even if the Government exempted those on minimum wage of PAYE
this would add $3600 P/A to their take home pay.

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I think quality of life, good wages, and environmental sustainability are more important than entry to the G7, or blindly growing GDP via importing more people.
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