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Wages are Declining in Advanced Western Countries

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TOUGH TIMES

Refugees Mean Poverty, Unemployment and Economy Decline for Europe

More refugees are coming from the Middle East and Africa to Europe. This is putting a tremendous burden on European countries. It will bring three things: poverty, unemployment and economic cost.

Refugees in boat heading for Europe Italy

These people will not find accommodation. In all Western countries the cost of average housing has gone through the roof in the last decade. Europe has a relatively dense population already. Land for new building estates has mostly been exploited. Refugees do not have a nest egg of money for a deposit nor do they have established friends and relatives for help. They will live in parks for the rest of their lives.

Almost all of the refugees are unskilled. There is a mass of unemployed native born people in European nations now. They have no future, so refugees face the same bleak future. Training is expensive. With freedom of movement to other countries in Europe no individual nation is going to pay to train non-citizens. let's face it only a small minority will ever get full citizenship.

Temporary housing is a high drain on a national economy. Stateless people also have to eat. United Nations welfare bodies have run out of money. Rationing of handouts is applied to areas of world conflict. They will not give food to advanced countries.

Estimates of arrivals have probably passed two million in the last five years. It is doubling every year.

The official figure of 350,000 is way short of reality. This is only the number of actual political refugees. The great majority are economic refugees who get no benefit from giving their information to authorities. Once they get into any European country "unnoticed" they head for their country of choice.

What lies ahead? The countries refugees want to live in will go into economic decline. There is no "good life" waiting. Because refugees come from many sources racial tensions and ghettos will become normal in European countries. The peace and quiet of the English green land will end, for example. Hard times is the future for all European nations.

◆ Economics by Ty Buchanan ◆

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Developing Australia's North is Just Pie in the Sky

The "opening-up" of northern Australia is pie in the sky by both leading political parties. Unless billions of dollars are put into the north development will not take place. The Ord River Irrigation Scheme is an example. However, the scheme is not a real success. Salinity is rising and destroying productive land.

Are the political parties planning to build dams? No, not in new northern regions! Neither is putting forward substantial money for investment. Kevin Rudd's promise to extend the Ord River Dam will only drag up more salt. Just telling people to move north is a silly idea. Like the draw to Western Australia there must be financial incentives. The mining boom there means better paid jobs.

Those suggesting development of northern Australia don't even study the climatic and geographic realities. Tropical soil is very thin. It barely covers the surface. To grow any plant in large quantities thick fertile soil is needed. Tropical soil may be fertile but there isn't enough of it.

Making the Northern Territory a special economic zone with reduced taxes will not bring agriculture to the region. And there is no skilled workforce for factory work. Most countries are now finding special economic zones do not benefit them. The zones don't put money into a nation's financial "kitty". Indeed, they are a drain on national revenue. Companies move there just to dodge paying tax - no extra jobs.

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High Wage Rate a Problem for Australia

The overseas economic crisis is changing the perception of wage rates in Australia. Over recent months the Aussie dollar has fallen in value. It helps exporters. The retail sector has also been calling for the dollar to be intentionally weakened. This is odd considering Australian consumers are heavily "addicted' to imports, so prices will probably rise in the shops.

There will be an election in September. Any color of government will have to cut back on spending. This will mean higher unemployment. Therefore, despite inflation steadily rising there will be downward pressure on wages. There is already a glut of people seeking employment in the vegetable and fruit picking industry.

When you go shopping a distinct feel of recession is in the air. With many buying online, the shops are almost devoid of shoppers. The lowest income earners have just been given a 2.6 per cent pay rise. This was done to redistribute income. Higher unemployment will prevent future artificial tinkering with the economy.

Australian wages are already too high when compared internationally. We have the highest rates of any developed country. The minimum wage is more than twice that of the US. Within Australia things have been much worse. The minimum wage today is 44 per cent of average full-time earnings. This compares to 50 per cent a decade ago. However, it is still very high.

It has been claimed that letting wages fall and redistributing wealth via welfare payments is a better idea. This of course depends on whether government can collect enough in taxes to have the money to do this. Even this though has been "damned" by some saying welfare reduces the drive to find work.