Australia vs. the United States: Two Charts that Tell You Everything You Need to Know - Page 3 - New England Patriots Forums

PatriotsReign · 05-03-2012, 03:04 PM

Quote:

Originally Posted by shmessy

Awesome. So what's your solution? Forcible emigration of 80 people/sq mile?

Great, we can lower unemployment by having fewer people.

And btw, Australia has universal healthcare.

No, I'm not looking for a solution, but rather, I provided a clear explanation as why Australia can do things we can't.

Where exactly did I suggest "Forcible emigration"?

Large, wealthy nations like Australia that have extremely low population density and a high percent of their labor force working will always be able to do more for their citizens than countries like ours.

Infrastructure is much cheaper to maintain per capita in Australia than it is here.

We have 55% of our population subsidizing the other 45%. What do you think those numbers look like for Australia...just for grins?

***DarrylS*** · 05-03-2012, 03:09 PM

Quote:

Originally Posted by PatriotsReign

No, I'm not looking for a solution, but rather, I provided a clear explanation as why Australia can do things we can't.

Where exactly did I suggest "Forcible emigration"?

Large, wealthy nations like Australia that have extremely low population density and a high percent of their labor force working will always be able to do more for their citizens than countries like ours.

Infrastructure is much cheaper to maintain per capita in Australia than it is here.

We have 55% of our population subsidizing the other 45%. What do you think those numbers look like for Australia...just for grins?

They also escaped the recent global downturn in the economy, so their view is somewhat different.. their growth has been steady.

***shmessy*** · 05-03-2012, 03:10 PM

Quote:

Originally Posted by Drewski

Maybe I misread the article, is the Australian Private Retirement Account policy a supplement to their version of SocSec, or is that "their version"?

I was reading this as Australia, in lieu of SocSec, has required Private Investment Accounts.

From what I gather, the Aussie private system is currently in addition to the pension system with a goal of relieving some of the pressure on that original system over a period of several decades.

Drewski · 05-03-2012, 03:11 PM

Quote:

Originally Posted by shmessy

From what I gather, the Aussie private system is currently in addition to the pension system with a goal of relieving some of the pressure on that original system over a period of several decades.

Thanks for the honest reply Shmessy....appreciate that as always.

All I could honestly find was what they call "Social Security" would be more akin to our Social Security (as a general retirement fund), plus Welfare, disability, unemployment insurance etc etc etc.

D

***shmessy*** · 05-03-2012, 03:23 PM

Quote:

Originally Posted by Drewski

Thanks for the honest reply Shmessy....appreciate that as always.

All I could honestly find was what they call "Social Security" would be more akin to our Social Security (as a general retirement fund), plus Welfare, disability, unemployment insurance etc etc etc.

D

No prob. Actually, it looks like they have a VERY WIDE safety net system -- - that even includes a Maternity Payment and a Parenting Payment!

It's interesting that PF13 is holding up the Australians as models to emulate. There's a lot of interesting stuff there!

I think our very own Congressional Progressive Caucas would be very supportive of PF13's Australia system!

PatriotsReign · 05-03-2012, 03:25 PM

Quote:

Originally Posted by DarrylS

They also escaped the recent global downturn in the economy, so their view is somewhat different.. their growth has been steady.

Not any more though....

Australia: Banks warn of ?painful? recession

Cookies must be enabled. | The Australian

Ringing The Bell On Australia's New Recession - Business Insider

But maybe that's cuz of my tinfoil hat....

Drewski · 05-03-2012, 03:25 PM

Quote:

Originally Posted by shmessy

No prob. Actually, it looks like they have a VERY WIDE safety net system -- - that even includes a Maternity Payment and a Parenting Payment!

It's interesting that PF13 is holding up the Australians as models to emulate. There's a lot of interesting stuff there!

I think our very own Congressional Progressive Caucas would be very supportive of PF13's Australia system!

The Irony is strong with this one

(in the voice of Yoda)

Mrs.PatsFanInVa · 05-03-2012, 04:14 PM

Quote:

Originally Posted by patsfan13

The point is the advantages of one system over the other. What we are doing now won't work and we need to change what we do currently, the reactonaries will oppose needed change.

I wonder how American business owners (large and small) would feel about the government mandating that they contribute a matching 9% into each employee's Private Retirement Account.

Aren't most US dollar-to-dollar employer-matched 401Ks set quite a bit lower than that?

***shmessy*** · 05-03-2012, 04:56 PM

Quote:

Originally Posted by Mrs.PatsFanInVa

I wonder how American business owners (large and small) would feel about the government mandating that they contribute a matching 9% into each employee's Private Retirement Account.

Aren't most US dollar-to-dollar employer-matched 401Ks set quite a bit lower than that?

Well, they already match the 7.65% FICA (6.2% Social Security, 1.45% Medicare).

Holy Diver · 05-03-2012, 04:56 PM

here is another chart that might explain "everything you need to know"

Note: insurers buffer 30% off the top...

Healthcare Costs Around the World

Annual cost of healthcare per person:

Austalia = $2,886.00
United States = $5,711.00

Heath expenditures as a % of GDP:

Austrailia = approx 10%
United States = approx 15%

Can't wait for 13s post about how awesome the Auzzie's HC system is!