- Joined
- 3 July 2009
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The problem with your prognosis is two fold, the natural resource advantage is already diminishing as other countries come to market with cheaper commodities and as China takes over more and more of the worlds manufacturing and materials demand, its control of prices becomes stronger and our bargaining position becomes weaker.Our problem as a nation is not so much the fools paradise you contend, but the lack of direction for how we position ourselves with respect to our near neighbours, and leverage the natural resource advantages we possess. The fool's paradise syndrome is more likely thinking that we are should be beholden to the UK and USA for so many things, instead of carving out a distinctive role for our nation within the region we are part of.
As was shown during covid, China is in no way beholden to us, the punitive tariffs they imposed indicated they would not hesitate to punish us if it suited them and due to their size and fiscal dominance there is absolutely nothing we can do about it.
Where I feel our politicians are failing is they are not actually trying to give Australia a sustainable economy, at the moment we have a situation where ideology is driving the decision making and making us less competitive, rather than more competitive.
Both major parties are more interested in points scoring, rather than being pragmatic and working together to leverage whatever advantage we still have.
Electricity is just the current ideological battle field, when that fails rather than fix it, they will just band aid it and end up with a bigger mess, as has happened in education, health, NDIS etc and most other Govt services.
The first step to fixing something, is admitting you have a problem and accepting that previous decisions may have caused it.
Govt's don't seem to be able to do that.