RE: Why Are So Many On Welfare
December 2, 2012 at 11:46 pm
(December 2, 2012 at 9:38 pm)The_Germans_are_coming Wrote: We united our curencies - which was very overhasty since greece`s economy and financial status was a catastrophy before they eaven entered the EU.
By that logic the USA's Federal economy is presently a catastrophe?
(December 2, 2012 at 10:51 pm)Justtristo Wrote: Well let me start off by stating that the ABS estimated that the annual salary of all workers in Australia to be AUD 55,000, while in the
United States it slightly less than USD 40,000. Even accounting for an overvalued Australian dollar, Australian workers are getting paid slightly more than their American counterparts.
That doesn't mean anything. The cost of living in the USA is much lower. Pack of cigarettes cost $5 there, compared with $15 here (we have about the same percentage of smokers). Cost of petrol in Australia about $1.40-1.50/Litre. Cost of petrol in USA about $0.85. Interest rate in Australia 3.25%, interest rate in the USA 0.25%. Average property price in Australia ~$520,000, average property price in USA ~$185,000. Australia = higher taxes, USA = lower taxes. etc.
Quote:Secondly, in really struggling I meant people having to go to food-banks or soup kitchens in order to get enough to eat.
Some of them do need help to put food on the table, or to pay their bills. I have a friend on disability that gets $150 a week disability (he is completely unable to work), he eats once a day.
