Labors union masters lie about living standards, page-13

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jantimot

30,924 Posts.

174

10/03/19

09:40

Post #: 37711233
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Originally posted by 9703yn ↑

I remember paying a few grand for a Dual turntable, Yamaha power and pre amp, Kossfire 110 speakers, and $1,200 for a CD player a bit later when they came out. Washing machines, fridges, dryers were items you'd plan to buy, not just went out and bought. Any imported stuff was fairly heavily taxed.

I voted for Hawkie in 83 and 84, and he took Australia to the world, yet I wonder whether he realised how much cheaper the Asian countries could make stuff for, which destroyed manufacturing here. You go into JB now and can buy a speaker, Bluetooth it to your phone, play spotify, and only spend $50.....sounds good too. I have 500 CDs that I rarely play, and won't buy another.

When you mentioned Pizza Hut, it brought to mind that pancake chain, that had restaurants all over the place. The going out thing, was more a treat than a natural occurrence.

Our first house was very basic; brick, one bathroom, carport, three bedrooms. Even though beer was cheap, I rarely spoilt myself by having it in the fridge. Just totally different times, and have mates coming up to retirement, that put nothing into super', lived it up a bit, and will be totally reliant in their later years.

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So yes, everything is cheaper, and better, except housing.

Your mates, lived it up a bit, nothing in super, are they also part of this issue?

Our 65% increase in standard of living has been financed in part by a 200% increase in debt (extrapolate that slope back to 1991 and you’ll be close to 40%); how much longer can the party last?
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