30 May, 2017

HIGH IMMIGRATION MASKS AUSTRALIAN ECONOMIC DECLINE

FOR YEARS WE HAVE BEEN SAYING THAT OUR RECORD IMIGRATION INTAKE HAS NOT RESULTED IN OUR EXISTING CITIZENS BEING BETTER OFF AS ALL THE BENIFITS FROM THE RESULTANT ECONOMIC GROWTH GOES MAINLY TO THE NEW ARRIVALS.
DATA FROM THE AUSTRALIAN BUREAU OF STATISTICS CONFIRMS THAT OUR PER CAPITA INCOME HAS BEEN GOING BACKWARDS. OUR POLITICIANS HAVE BEEN TELLING US THAT OUR POULATION GROWTH FUELED BY IMMIGRATION HAS BEEN DRIVING OUR ECONOMIC GROWTH, KEEPING US OUT OF RECESSION.  BUT IT HAS MASKED THE FACT THAT EXISTING CITIZENS HAVE NOT FELT THE BENEFIT. OUR POLITICIANS HAVE BEEN MISLEADING US.
AS WE HAVE SAID MANY TIMES OVER RECENT YEARS, ALL THIS SO CALLED "GROWTH" HAS DONE IS CREATE AN ILLUSION BECAUSE OUR PER CAPITA INCOME HAS BEEN GOING BACKWARDS. THE ONLY ONES TO BENEFIT ARE THE NEW ARRIVALS THEMSELVES.
THE ATTACHED ARTICLE (SEE ABOVE) CONFIRMS OUR POULATION ESTIMATES AND OUR RATE OF GROWTH FIGURE WHICH AVERAGES AT 1.7% BUT HAS REACHED AS HIGH AS 2.2% - WAY AHEAD OF COMPARABLE COUNTRIES SUCH AS THE UK AT  0.6% AND THE US AT 0.7% WITH THE WORLD'S  AT 1.1%.
AS THE NEW RESERVE BANK GOVENOR, PHILIP LOWE, SAYS "GOOD ECONOMIC POLICY SHOULD BE TO RAISE THE LIVING STANDARDS - NOT JUST MAKE THE POPULATION AND THERFORE  THE ECONOMY BIGGER."
WE SAY THat OUR CURRENT IMMIGRATION AND BORDER FORCE DO NOT CONTROL WHO OR HOW MANY COME INTO THIS COUNTRY AND IT IS TIME TO INTRODUCE A PROPER POPULATION POLICY THAT ENSURES SUSTAINABLE AND RESPONSIBLE POPULATION GROWTH ACCEPTABLE TO THE CITIZENS.
THE ARTICLE ABOVE IS WORTH READING.

No comments: