100% this. Car industry decision is a disgrace. There was a massive return on the taxpayer subsidies.To me one of the things is that people don't see the full ramifications and the flow on affect.
The Automotive Industry was/is a huge thing, supporting far more than the direct employee's we are hearing about in the new.
Many of the jobs suit people who are not suited to getting university degree's or dealing with the public.
We hear that .."we don't need it , look the economy is fine", "hey look at these great cheap cars we can get from overseas".
The economy is fine now. It hasn't hit yet. The full unemployment hasn't hit yet.
We are apparently a "developed economy"
That means the service industry generates more wealth than the industrial sector.
We also have one of the highest GDP per capita.
How can that work if we get more and more service and less industry?
The definition above does not mean that the jobs in the service industry are more lucrative than those in the industrial sector.
Can i afford to get someone to mow my lawn or hang my televison , if my own job only pays the same as someone mowing lawns?
If we look at the USA there are corporations like Google/Amazon/Ford/GM/Boeing. Huge and diverse. The list is huge.
There are plenty of over payed bastards working for all of the companies. They don't mow their own lawn, or hang their own televisions or do their own landscaping etc.
If you get a degree and get a job with one of these companies you have a chance of doing OK and going up to a level where you also don't mow your own lawn.
Take away all these opportunities like we are doing in Australia , and who the hell are all the service providers going to provide services to?
Importers, Local subsidiaries, Agents, simply do not offer the same opportunities.
No girls and boys its not viable for you ALL to get a job in IT. IT is a service industry.
Any other country and they'd be storming Parliament house.
But as you so rightly put it. People don't see the ramifications ling term, because it affects all if use directly or indirectly.
Instead, they drink the kool aid and three word slogans as Gospel.
I call it jumping over $100 notes to pick up a dollar coin.








