Originally posted by flynnaus
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... edited by me to one point worth much further consideration and debate.
There is a Norwegian proverb I grew up with. English translation (via family) "Every bit helps said the mouse as he pissed in the ocean". Yep, even small changes matter.
The other reasons I bring up Norway:-
1) Thanks to Thatcher selling off the English farm, Norway purchased BP North Sea in the early 80's (I think - or late '70's). A few days ago I read they have the world's biggest sovereign wealth fund (over $US1.1 trillion). About 2 years ago they had over $US200k surplus per person (including newborns).
2) They have had minority governments for decades. On a 1970 trip over there my dad was stunned to hear that they had 31 political parties and needed 19 of them to form a government. He attended their parliamentary gallery "to see it gridlocked" in his own words. Much to his surprise party leader after party leader stood up in favour of the 4 bills they passed that day, often with comments like "We would do it a bit differently, however for the good of the country....".
3) They have a really high rate of tax which they spend on infrastructure. How much would all weather bridges between the hundreds of Lofoten islands in the Arctic circle cost? I reckon more than the current Oz deficit. Of course those bridges mean that the Lofoten's are not cut off for the 4 months of severe winter each year.
4) They have a good social welfare net.
5) They also have all of the advantages of the EU without being controlled by idiotic bureaucrats in Brussels. Any Oz / Norwegian dual passport holder can get someone into virtually any country of the world (to reside permanently & work without complications in most of them).
6) Their "Statoil" (which is what it sounds like - state owned North Sea oil originally) ensures their oil dollars stay in their country. Ironically, they are spending up on renewables now to the point they have changed their name to Equinor ASA to reflect their new operational outlook.
7) Last month (March 2019) Norway registered more new Electric vehicles than ICU (petrol / diesel) ones.
Not bad for a country with a population about the same as Sydney.
So my question is "How is Oz (and the US for that matter) doing it so wrong on so many levels?"
Our government seems to be a choice between Tweedledumber and Tweedledumberer. When was the last time we heard an Oz pollie compromise with "for the good of the country"?
Our "action" on climate change, water management and environmental issues is appalling.
Our infrastructure is falling down around our ears, yet the pollies are giving tax cuts to the big end of town - not that too many of them are paying a lot of tax anyway.
We in Oz receive a pittance for our mineral wealth.
Our productivity and our corporate profits are way up whilst wages are flat.
Our inequality has been rising since the '80's (no surprise there).
FWIW, I hope this 11th May election results in minority government in both houses so that a possible change from the current adversarial political system can start to occur.
TampIt



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