Dana factory shut down in western sydney

[Dave]

are you saying that govt policies don't have a massive influence on that supply and demand?

they distort supply and demand, but we are talking here about where a country chooses to employ its resources, the govt doesn't control this.

[edo]

What we need is a sub class of migrant workers to operate our factories and do our menial jobs at third world prices. Win/ Win.

Fuck yeah, I want an underclass to exploit & I dont want to have to go live in a shithole to do it.

[Dave]

technology in asia is good and getting better, the workforce is cheap

all the shit no brainier jobs are going there, cause its fucking cheaper, no company gives a fuck about any country, they would make the shit in nigeria paying $1 a day if the infrastructure was there to do so

all these shit cunts become unemployed cunts, the fat over regulated overstaffed government needs to raise taxes and revenue raising schemes to support all the shit cunts who have a "right" to free money because they chose to smoke weed in high school instead of going to class. And the smart cunts who have good jobs will pay for it.

Fucking tax is already at what, 55c in the dollar for the top bracket!? What the fuck? Whats it going to go to, 60c, 70c? Or how about more extra taxes like higher import duty, fuck it why not export duty? How else can the goverment steal that last 45c you have? Higher regos, oh and after they pay there rego lets put tolls on the actuall roads, more speed cameras, higher priced booze, higher priced smokes


sorry, rant over

+1

[BigMuz]

Maybe it's time for slavery again. That gets shit done.

[jampac]

Fuck yeah, I want an underclass to exploit & I dont want to have to go live in a shithole to do it.

Abos? Beats sniffing glue and petrol. Get them working on a production line for next to nothing.

[edo]

Yeah...can we whip them to make them work harder...they will need a fair bit of whipping.

[Dave]

can I operate the whip for you.

I think it will be a task with minimal output, given most abos are lazy and retarded. Also, after the second day they won't come back, so they will need to be 'housed' on site.

[jampac]

hey they built pyramids using whips, surely we can build some shitter commdore utes for next to nothing using the same principle.

[Dave]

might need to overthrough the fedral govt first; and then remove the minimum wage

[oldcorollas]

fucking tax is already at what, 55c in the dollar for the top bracket!? what the fuck? whats it going to go to, 60c, 70c?

nice rant but..
Tax rates 2009-10
$35,001 – $80,000: $4,350 plus 30c for each $1 over $35,000
$80,001 – $180,000: $17,850 plus 38c for each $1 over $80,000
$180,001 and over: $55,850 plus 45c for each $1 over $180,000

tax is 38c in dollar until you earn over 180K.. and then only 45c (still fucked tho)

they distort supply and demand, but we are talking here about where a country chooses to whore its resources, the govt doesn't control this.

fuxed...
be nice to turn some of that ore into.. i dunno.. steel and car parts...

might need to overthrough the fedral govt first; and then remove the minimum wage

nah, just decrease rent in housing commision places, make ciggies and beer/casks cheaper and you could probably halve the minimum wage

[edo]

might need to overthrough the fedral govt first; and then remove the minimum wage

Ok, A quick coup...then onto whipping the coons.

[Dave]

I am ready for the 'political revolution', when do we start

[edo]

Do it tomorrow, cant be fucked today

[Dave]

you abo cunt

[Beavis]

yeah, but the free market decides what the country produces, if there is money in resources then companies will start to 'manufacture' resources. The descisions about allocation of the countries human resources are not made by the govt they are made by the market, generally, unless we switch to communism.

No one country will do all those things in the most efficient way, therefore the supply chain of the car you speak of will be allocated (by the market) to those countries that are most efficient at doing them.

If you look at commoditised manufacturing you would see a similar 'price' curve.

It is a little semantic but comparative advantage, and not exactly the free market, dictates who makes what. There is certainly feedback between comparative advantage and international trade (which would fall under "the market") but comparative advantage is defined at a lower level in the scheme of things.

And decisions about resource allocations are strongly influenced by the government -- every piece of industrial regulation, tax policy, environmental policy etc. has an impact on who makes what.

what you are desciribing is a symptom, not a cause, hence the chicken or egg statement. Price is controlled by both demand and supply, if peoples incomes rise there will be a natural increase in overall demand, without a significant increase in supply then the 'equilibrium' price of all goods will increase. The cost of a goods to manufacture, in whole of economy terms, has nothing to do with the cost to produce. It is purely a function of supply and demand. This is a bit abstract, but you need to think not in terms of one off products and more in terms of the overall economy.

Well, again not to be semantic, but their will be an increase in normal goods with an increase in incomes, but some goods (inferior goods, Giffen goods) do not see an increase in quantity demanded.

Similarly, the cost of manufacturing goods depends on the latent price of their inputs (such as capital and labor) across the entire economy.

In a free market supply and demand rules, since when was there a free market in AU though? Government at all levels controls/influences both supply and demand, to a huge extent too, real estate is just an easy to understand example.

We are way way over governed and over regulated for true market forces to apply.

That is true for just about every country in the world, though. You can't have subsidies and still have free markets.. or tariffs.. or quotas.. or taxes.. or lots of other things :D

'Overpaid' perhaps in the context of what workers doing similar jobs in less-nice countries overseas are getting - I don't think anyone's suggesting massive pay cuts for manufacturing workers to improve their international competitiveness.

The point is that if you want to manufacture in a first world country then you need to pay first world wages and deal with first world costs; and it's probably no surprise that countries that pay lower and have lower costs are going to be able to undercut you.

Which really leaves the only realistic option as companies closing shop here and opening up overseas.

Yeah, this is what I have posted a few times in the past. The "price" of cheaper goods domestically is that, almost certainly, some of your labor will move offshore. You can't have 42" $500 LCD TVs for sale at Harvey Norman's one hand but have them be built by some guy in Maroochydore making $30/hr. In the long-term you cannot have cheap consumer goods and highly-paid, unskilled workers.