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Old 25-07-2015, 07:39 PM
AndrewJ
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AndrewJ is offline
 
Join Date: Mar 2006
Location: Melbourne
Posts: 1,905
Quote:
So much for the global trade and economy.
I reckon this whole debate would be totally different if we did have 100% free trade. Ie Imagine how much cheaper living in Oz would be if "Cheap" doctors, lawyers, accountants, dentists, plumbers, govt servants, bankers etc could all come in at the lowest price with no restrictions and ply their trade.
Buyer in Oz still gets a choice of what to pay and what to risk.
Pure global capitalism at its best.

Most people wouldnt be able to afford even the cheap imports after a while, as the wages tumbled under the competition.
If the bulk of us want Australian wages and an Australian lifestyle, i find it hard to condemn those in retail who want a similar wage, but have to compete against the unregulated low price economies, when no one else does.
No easy answers when only half the playing field is open to competition.

Andrew
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