Thread: Covid 19 -
View Single Post
Old 03-04-2020, 02:35 PM   #1055
Bossxr8
Peter Car
 
Bossxr8's Avatar
 
Join Date: Dec 2004
Location: geelong
Posts: 23,145
Default Re: Covid 19 -

Quote:
Originally Posted by Polyal View Post
Of course I would think differently if it was, it could be but for the most part it is not. But I choose to work hard and ensure I was working in an industry/sector that added value.

Australia has become full of service centers, health clinics and coffee shops...so no, we dont need them all.

In saying that the GovCo's also didnt help with the transition away from essential/basic skills, globalisation made it easy and thus our skill set moved.

If I had to change my job to something else during or just after this period then I would. Right now I work in Coal, but even before this point I have a plan to move out because nothing is forever. But I dont expect to be bailed out to achieve that.

Still stand by the fact that in many cases its the individual that has geared themselves to their eye balls and cant sustain impacts like this, or even smaller economic slow downs and then try woe is me.

Without a doubt this is difficult to plan for, you cant really, but to have no back up or fall back and expect the government to pick up the pieces is to much and as above the ones who wont see a $$ out of any of the grants will be paying more tax; awesome.
A bit rich from someone who works in an industry that is heavily government subsidised.

But even if business's do have cash reserves saved for a rainy day, do you think it's possible for them to have enough cash to keep business afloat when their income has become zero? It's really not feasible for the majority of business's to have enough cash on hand to be able to handle 6 months+ with no money coming in.

I do agree with you in regards to unnessesary business's though.

Hopefully once this is over the government works to get our industries back in the country. But this is the libs though, they generally hate industry.
Bossxr8 is offline  
This user likes this post: