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echo: aust_biz
to: Rod Speed
from: Brad Boundy
date: 1995-02-03 07:49:06
subject: The economy

RS> What you think is obvious to you Phil, and reality, may well have
RS> a massive great chasm between them. You might care to consider that
RS> its actually much more likely to be someone who does work for
RS> themselves and had done that without a government handout, who is
RS> more likely to think its quite mad for the government to be handing
RS> people cash to start a small business.

Hi Rod.

I can't say that I agree with the argument that you and Phil are
having, but I was thinking about the economy the other day, on the back
of the abysmal trade deficit figures that have been recently released,
and it would seem that Australia will ALWAYS be in debt, as we never
seem to eat into the capital that we have borrowed, but can only just
manage the interest re-payments. I was wondering just how we could
overcome this, and maybe if the government threw some real money into
export ventures and actively helped any company that was exporting
goods that meant a return for Australia, then we may be able to trade
our way out of debt. This would have to be done at a Federal level so
that there was equity for everyone, but it seems like a reasonable
thought. I know that there are some tax concessions available now for
exporters, but if the government gave much greater allowances, even for
a time - 10 years for example, I feel that it would be a great benefit
to the country.

I am living in Queensland and this state is nearly debt-free (will be
debt-free by the middle of the year) and it feels very, very good. It
would be wonderful if all Australians could have the same confidence
that we have here.

What do you think of the idea?

Cheers,
Brad

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