Originally Posted by
Tombie
You forget - In the USA for example... The economy of NYC is bigger than that of AUS total.
They sell more... Levi Jeans in a month then Australians buy in a year.
More sales, lower margins, same profit per month.
Now back to goods in this thread...
In the UK and USA wages are lower... A LOT lower...
So are overheads for business...
All that lovely OH&S, Workcover, PLI all adds up for Aussie businesses.
We also have Medicare (and its Levy) - something they really dont have in the USA.
Combined with some of the highest Power prices in the world, very high wages (avg) and our costs here are much higher.
If YOU (and all of us) wanted to live on a wage like the average American gets (shop worker, sales staff, Jiffy lube attendant, mechanic, tyre fitter) then costs would be far cheaper to businesses and we could pass them on..
Dont forget,Americans are struggling to pay for fuel for their vehicles at the moment and yet its less than we pay here.... Its really biting into the average American Workers salary.
So that wonderful $300.00 USD tyre is quite a hit in their back pocket!
Keep sending all the money overseas and we will soon follow the USA.
They were a pretty self sufficient nation with a strong manufacturing base - it all went offshore.
Now they have large pockets of unemployment, huge national debt, rocketing costs...
If you cant see what streaming $$$ overseas will do to our economy in very short succession then I suggest a bit of research...
May I ask what type of industry you work in?