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To see more visit links, Australia Coming out From Covid 19.
Australia coming out from COVID 19.
Welcome
to our article,
Dear readers, we have written this article in June 2020. And here we are continuing to talk about what is happening in
Australia, with a view of keeping a record to remind us of the time when these
things have happened. So, I am starting to write this article at the beginning
of June 2020. Anyhow, I will be writing about the corona-virus and the effect it
has on the economy. I know that what I am writing here are only the views of a
simple person, but anyhow it will be still my record of what is happening.
I
believe that Australia is still the lucky country because we have had only 102
death people so far, which is about 4 deaths per million people. In comparison
with Italy that has over 33000 deaths, which is about 550 deaths per million.
So, Australia has been lucky so far, and if we are careful, we can escape the
worst.
Anyhow,
in times like this escaping the virus is only the start, because after that we
need to fix the economy; the economy needs to be fixed, because the government
has spent a lot more money than they would have spent in normal times. You see,
they have spent all this money to keep the people in lock-down at home. Now the
people will start working again, once they all work, they will produce things
and earn money and pay taxes to the government, so, the government will slowly
recuperate the money they have spent to keep the people in lock-down. I believe
that all this has worked well. So, in my view, the government this time has
changed a bit from their normal capitalist policies, where everybody works and
earns money for himself, to partly like a communist government, where most of
the money belongs to the people, and everybody should share their money
equally. At least this is what some people want us to believe.
Anyhow,
we can say that the corona-virus pandemic, has brought changes to the ways the
world governments were running business. So, it is more likely that in the
future, when things are not running well in some economy, the governments are
more likely to step in and help.
Now
let us talk about the present times, I believe that a lot of things can be
reviewed and planned; if possible, for a better outcome. Perhaps it will be a
long time before things go back to normal, and if they cannot go back to
normal, we must accept to change about what needs to be changed.
Looking
at the ways we are living today, it is vastly different from say 60 years ago.
You see, 60 years ago people did not catch an aircraft and fly everywhere in
the world, everything moved slower than today, holidays were spent locally or
not far away, if you wanted to go overseas in a faraway country, you saved
money and planned your holiday for years, then you sailed away to the country
you wanted to visit; most of the time we spent more time on the ship that the
country we visited, but we still enjoyed life then.
Anyhow,
if after this COVID 19 scare, it is advisable to travel less, it is not going
to make much difference to our standard of life, in fact, it might be better,
because than we can live a normal life, instead or running all around the
world, just to say I have been here there and many other places. Anyhow, this
is not the only thing that may change, because there are many other things,
starting from the economy, because during the epidemic it has slowed down a
lot, we lost so much momentum that it is going to be hard to return to normal.
So, let us talk about it.
------------------------------
Let us imagine the effect on the economy.
During
the corona-virus pandemic, the Australian Government like many other governments
in the world, has spent a lot of money on welfare, so, people could stay home
and avoid spreading the virus. It has worked well to contain the virus, but in
most cases, it has had a negative effect on the economy.
Anyhow,
now that we have gained some control on this contagious disease, it is
necessary that people go back to work in stages to keep the economy going, and
hope the virus can still be contained; if it can be contained, then we are well
on the way of recovery, but we need to be extra careful, because a second wave
can occur.
Now
to recover financially is not going to be easy, because the government has
spent a lot of money. Then in some industries people cannot go back to work the
way they worked before the pandemic. There needs to be adjustment like social
distancing, which most likely means, it is going to cost more to run this
business and earn less; I believe that the government is still willing to help
in some cases, and that is good.
Anyhow,
what has happened may bring changes to the ways we were living before the
corona-virus pandemic, because we might be forced to live in a different way. So, while
there will be negative changes happening, there can be positive things also, it
is up to us, if we plan everything properly, in a few years things may even be
better than before, because during the epidemic we have noted many changes, that
can bring positive things in the future.
You
see, during the time of the corona-virus crisis, we have noted that the
environment has returned to normal, the air we breathe was a lot cleaner, no
more smog in the cities and other things that can help. It was like Mother
Nature telling us that we need to change, whether we will change I do not
know.
---------------------------
What has happened can change many things.
Anyhow,
apart what we have said above about the environment, there are many other
things that we have noted. You see, I believe that this is the first time that
most governments have stepped in and helped everybody financially, and it is a
good thing that this financial help has happened, because it shows that
governments are flexible, and even if their policies are based on capitalism,
where everybody is left to compete by themselves to get the best share they
can, and in doing so they can keep the price down, which is good for the
economy of the country. Anyhow, this time because of the corona-virus scare the
governments have used a communist way, to solve their problems. You see, they
have used the people money to help everybody.
Because
of what has happened, there is hope, that in the future the central government
may play a larger economic role in our lives. There is also hope that what they
have done this time, can become an integral part of their policies. So, whenever
people find themselves in financial difficulties, the central government can
step in to help.
So,
many things can change in the future, we may even have a better welfare system,
where everybody is paid from the government, when they need help, but that is
something that needs to be worked out if it can be done.
Having
said that, my mind takes me back to think about the drought and the farmers,
which two years ago were in a bad situation, most of their stock was starving,
they were working and not making any money or progress, because of the drought,
and they could not even ask help from the government, because of the assets
test they are deemed to be rich, most of them had no money and could not even
ask for a loan, because they were overdraft and owed the bank too much money.
Anyhow, when there is a drought your farmland is worth next to nothing.
I
have seen the assets test also ruin pensioners, because the government assumes
that you can make lots of money from your properties when you cannot. In most
cases you can earn only one quarter of what they assume you can earn, but what
I am saying here is a different story, so let us go back to talk about the
COVID 19 effect on the economy, and if the government is going to do something
about it, and make a policy that allows people to ask help from the government,
when something drastic happen. We hope that there is a way for what I have
said.
I
know that today the government has no money to spent, because it has spent a
lot on the corona-virus problem. Anyhow they have still to work how to pay for
what they have spent, so, while they are doing that, they can work out other
financial problems as well, we just have to hope for the best outcome.
--------------------------------
Additional comments on the Social Security System
Today
the 22nd of October, I am adding this short post in my page of the
Social Security System on Face Book because I have been prompted to post
something.
Anyhow,
today because of the corona-virus pandemic the Australian Social Security
System is helping a lot more people than before; we hope that this handout from
the government continues in the future, because I believe that it is not going
to be easy for a lot of people to go back to normal for a long time to come.
Sometimes
I am inclined to think that this can be the beginning of a better social
security system in the future, where the government of the country, steps in to
help everybody that needs help. I know that this will cost a lot of money to
the government, so, they need to work out how this can be achieved, they need
to aim for a fair distribution of the commonwealth of the country.
Having said that, now I wonder what other people think about what is happening.
This is all for now. To see more click on this link, Australia Coming out From Covid 19.
See you soon.
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