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Politics can be so divisive. We (humans) seem to hold onto our political leaning as avidly as we support our favourite sporting club.
I have read that there is a tendency for the vast majority of people to fall into one of two general psychological categories (conservative or liberal).
Oddly, here in Australia the conservative party call themselves "Liberal Party of Australia" and the more liberal party is known as "The Australian Labor Party". The Liberal Party have formed a coalition with the Country Party which is now known as the National Party.
Both parties believe in the basic freedoms we take for granted, freedoms of thought, association, speech and religion.
The Liberals believe in minimising government to reduce taxes and prevent "red tape".
They believe that businesses and individuals create wealth and opportunity.
They tend to make ideological decisions not based on evidence.
The Labor Party tries to ensure a fairer distribution of the wealth. It believes in providing strong safety nets for all members of our society in order to reduce poverty and increase opportunity for all. It utilises a large government infrastructure to provide these services. The so-called "red tape" is often to prevent the powerful from exploiting the people or the resources we share.
I believe that we need both parties to hold power in alternation. Labor brings innovation and provides infrastructure that really does good for the people of Australia and even other parts of the world. The Liberals cut government costs by reducing staff and services, forcing government to become more economical.
Imagine a sine graph.
One thing that confuses me is that historically, the National debt (as a percentage of GDP) always increases while under Liberal government and remains quite steady under a Labor government and yet the Liberals try to present themselves as better economic managers.
Imagine ascending stairs
If left unchecked, the Liberal government will create a super rich elite, a smaller middle class, and genuine poverty with little concern for shared natural resources. Privatisation of traditional government services will end up making them cost more so fewer can use them. The poor subsidise the wealthy. The unchecked Labor government will create a much larger middle class, less poverty and less extreme wealth. Spending on government infrastructure and services will require higher taxes. Private innovation is not as high a priority. Restrictions are put in place so that the unscrupulous don't cheat. The wealthy subsidise the poor.
You just need to watch the traditionalist workers/bosses view Kildonian.
a) No-one wants to invest in Australian businesses. Is it a good idea to make it less tempting?
b) There are 27 billionaires in Australia. They can easily join one of 1800 similarly described people outside Australia, and not contribute anything.
c) Most "rich" derive income from their companies. You can make plenty of money if you own a huge business outright, even if its only making 1% return return. But then when we get into public listed companies it gets more competitive. So tax Australian companies to the hilt, we end up with Apple selling truckloads of IPHONES that they bought from ireland for 20 bucks less than retail, even though the phones were never actually in ireland. They won't be paying tax. Are you going to single out the guy who is making 1% return? Australian companies go broke and that's it. Their overseas competitors can file chapter 13 and wipe off their debts.
There are 800 Australians who are "residents" of the Cayman islands.







