November 13, 2014
NO ONE HAS IT HARDER THAN THEIR FATHER DID, MATE:
Things are getting better all the time: A snapshot of Australian living standards in the long run (Mikayla Novak and Dom Talimanidis, October 2014, Insitute of Public Affairs)
Australians have come a long way over these past two centuries, as evidenced by the numerousimprovements in our health, education, and material living standards.As diseases are increasingly being conquered thanks to medical technologies, nutritionalimprovements and cleaner living environments, we are surmounting the perilous hurdle ofinfant mortality to live, on average, to an older age with each passing generation.Successive generations of Australians are even growing taller, thanks to our generally improvinghealth status.This country has also enjoyed remarkable economic progress in the long run, with averageAustralians today benefiting from the fruits of rising national incomes, wages and householdwealth which are unprecedented in a historical context.There are more people employed by the private sector now than in any other period inAustralian history, and more women than ever are making an active contribution to theworkforce.Our land is yielding even more food to feed ourselves and a hungry world, and our capacity todeliver mineral resources for domestic and global advanced production has never been as greatas today.The vast improvement in Australian material living standards are arguably no better evidencedthan by the historically high extent of motor vehicle usage, and the electrical appliances andelectronic devices which fill up our larger homes.The present generation of Australians are the most educated in history, with more peopleenrolling in universities and other higher education institutions than ever before.Life has been getting better for most Australians, and it could be even better today if it were notfor intrusive government regulations and wasteful spending which makes housing lessaffordable and contributes to cost of living pressures.Reducing the size and scope of government will be instrumental to securing rising livingstandards in the future, as this will harness opportunities for enterprising Australians to discovernew ways of improving the economic and social circumstances of others.
Posted by Orrin Judd at November 13, 2014 6:50 PM
Tweet
