Thursday, November 17, 2011

Cashed-up Bogans

I'm intrigued by this story about Australian miners. They're making really fantastic money as miners in these dusty little mine towns that are far away from civilization but they work hard and pull up valuable minerals and are rewarded. I feel like this is something the Occupy movement doesn't understand; these guys may not have dreamed of being miners growing up, but they did dream of having enough money to do and own the cool things that a lot of people don't have access to. They are reaping the rewards of labour and doing unglamorous jobs!

This quote stuck out at me...

Books and documentaries are coming out about this group, exploring the country's unease with the thought that conspicuous consumption by undereducated people is what is helping to keep the country afloat

The idea that there is "unease" with the thought of undereducated masses helping keep the country afloat with their copious spending is weird to me. Why does it matter who is spending? These are not undereducated people who are spending money they don't have and racking up credit cards and loans and lines of credit! They are spending real money that they actually earned.

I think the idea that a university degree is required by everyone is a silly one. Yes I am in university, but if I didn't have to have a degree for the job I want I wouldn't be here! These guys may not have higher level education but they are making huge contributions to society! They are cycling money back through the economy which creates income for businesses so they can grow and expand and create more jobs so their employees can also spend money.

It is awesome that these men aren't stuck in post secondary, creating more debt by living off of student loans and gaining no real life experience like so many of their peers. Look at the bright side people! It's a sunnier side to be!


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