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Adelaide worse than Detroit, page-3

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cerhob

18,561 Posts.

19/12/14

12:42

Post #: 14487019

Originally posted by david25 ↑

Car Industry
Our car industry cant survive even paying zero wages.
Government bails out Holden with $3 billion and they cant survive.
The interest on $3 billion will pay for its workers wages for the next 100 years.

Tourism
The government wastes $50 million a year on advertising tourism.
Cutting public transport
Cutting health

Debt
Detroit went bankrupt with debt 5,000 per person.
South Australia has debt $25,000 per person.

Population
Detroit 11% over age 65 age
Adelaide over age 65 15% and rising
Adelaide 23% born overseas (our population growth)

Income
180,000 people have an income less than $300 week
Adelaide 12% of people and 17% of children live below poverty line.

Column 1 Column 2 Column 3

1 Detroit Persons below poverty level, percent, 2009-2013 39.3%

The poverty line – defined as 50 per cent of median income – was $400 a week for a single adult and $841 for a couple with two children in 2012. Australia.
A Millionaire who has $1 million invested at 3.8% is living below poverty.
This would only provide an income of $730 week.

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Lies damn lies and statistics

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Adelaide worse than Detroit, page-3

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Adelaide worse than Detroit, page-3

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