We could have a manufacturing industry in Australia but the tariff levels required to protect the industry would make everything else much more expensive. Every one wants to drive their shiny imported car and have the choice of vehicles that they have now but imagine how they would whinge if suddenly imported vehicles started at $50,000 and made the opposition falcadore look like good value at $35,000.
Like it or not protectionism is not the current economic trend. Those tariffs would also make all the stuff that we now take for granted like $200.00 chinese air compressors suddenly cost $500.00 and would make it viable for companies like COM-PAC to compete on cost with imports. That might be a nice thought but can you imagine how the punters would squeal if they were suddenly paying a 40% premium in the form of a sales tax?
Like it or not the world is changing and we are reaping the rewards of that change in both positive and negative ways.
One of the most challenging sights I have seen in my travels is the urban decay in main street USA where the town centre of many rural cities is now virtually abandoned due to the demise of the secondary industry that until the seventies sustained these cities. All replaced by big multi nationals and cheap imports.
an interesting link that documents the demise of some of these places.
Vanishing South Georgia Photographs by Brian Brown
Regards,
Tote
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