by Mugsy » 5 Aug 12, 8:24 am
Yurtles wrote:It is necessary Neko, Queensland's not in terribly good shape money wise, plus what public service sector isn't a little bloated these days anyway?
But shouldn't be at the expense of essential services and pushing the economy towards a recession. They're not going to achieve their AAA rating... being in surplus alone won't do that when unemployment rises through the roof. I'm not just saying that because they let me go earlier than when my 3yr temp position would have expired. You can literally feel the George St area being literally dead. God knows which small businesses will survive once the remaining 14k of his 20k target is axed. Many private sector firms are scaling back already. Mates in Rio Tinto and AECOM have stated that there's the chance they may lose their jobs as there's insufficient projects in the pipeline to keep them around.
They're just being too gung-ho about it all and cutting anything they think might be able to get away with as soon as they possibly can. I wouldn't be suprised at all to see them re-hiring some of the people they've let go at some point later on.
One of the biggest problem with the previous State Government is that the projects they initiated should have added more value and benefits to the State - they had no idea of value or benefits. It was clear that rather than letting big multinationals come in to take our resources for peanuts, the State Government should have been the ones to do the mining and on sell the resources to make the profit themselves. Would have funded our essential services through the hard times without getting us further into debt.
On the other hand, the problem with the current State Government is that they're just cutting back on everything including the foundations that has kept this State from being affected by the global economy. This is worse for the economy as it strips away our capability for recover.
I've already started looking interstate and overseas for work as QLD is not going to be a happy place come next year. Many of my colleagues and friends are doing the same. I can tell you first hand that many of those who remain are looking elsewhere already... and why wouldn't they when job security, and potentially flexible work arrangements are going out the door. I'm already looking at jobs paying an easy $30k more than the public sector for similar work that I did (Market Research, Project Management, etc).
