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The movement away from manufacturing is not altogether a bad...

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Reaper11

22,597 Posts.

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23/06/16

15:29

Post #: 18104059
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Originally posted by Beastmaster ↑

And that is why in 1990 33% of the GDP was Manufacturing, and now it is 8% and when the car plants close, 5% of GDP will be Manufacturing.
People ask "Why do we export iron ore, why do we not make it into something?"
CFMEU, AWU, MUA, etc are responsible for closing 80% of Australian businesses since 1990.
Instead of working on the business, management is/was forced to spend all day every day, fighting with unions.

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The movement away from manufacturing is not altogether a bad thing. 25 years of continuous economic growth, massive job creation, with most of those jobs infinitely better than factory work.

Reaper.
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