[LINK] I'm going to throw something out there...

[Daniel Rose]

The amount of money flowing through the economy and the annual Fed.Gov.
income aren't the same thing....

Of course, not being an economist, I have honestly no idea what the amount
of money flowing through the economy is, if it's GDP or GNP or whatever, but
it's a lot in any case.

Besides, some people live on less than $9,500 a year, so in theory it could
be done, but we wouldn't be importing much and by necessity there'd be a lot
more community markets, bartering, DIY type things going on.

But I'm getting off topic and slightly petty I suspect.  Are there rural
towns that survive on those sorts of incomes per capita?


Regards,


Daniel Rose
Helpdesk
National Library of Australia
Ph 6262 1599

-----Original Message-----
From: Tim Lister [mailto:tal at pacific.net.au] 
Sent: Tuesday, 17 February 2004 12:34 PM
To: The Link Institute
Subject: Re: [LINK] I'm going to throw something out there...


At 09:09 AM 17/02/04 +1100, Daniel Rose wrote:
>The amount of money flowing through the economy today is astounding, 
>and if you divide it by the 20 mil australians, it works out to a great 
>deal more than the average wage, since most is owned by entities not 
>people.  This is what frustrates many people.

hmmm, let's see ... annual Fed.Gov. income ($190,000,000,000) divided by
Australian population (20,000,000) = $190,000 / 20 = $9,500

nope, doesn't work for me.

of course, you could argue that kids & oldsters are not income producers, so
aggregate their bits into their families ... nah, still not a decent family
income.

oh, well, another beautiful theory slain by an ugly fact.

Tim Lister
South Sydney Greens
(02)9557 4050
webmaster at ssg.nsw.greens.org.au
http://ssg.nsw.greens.org.au
"Think Globally, Act Locally"

_______________________________________________
Link mailing list
Link at mailman.anu.edu.au http://mailman.anu.edu.au/mailman/listinfo/link