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More like India

Here are the pros and cons of Australia becoming more like India.

Pros: Gina Rinehart has less red tape to worry about, making it easier for her to increase her $15.5 billion fortune.

Cons: The average Australian wage decreases from $87,700 to $1,950. Infant mortality increases from 0.3% to 4.1%. Child malnutrition goes from effectively 0% to 30.7%. The number of people living in poverty increases from 13.9% to 29.8%. Public debt increases from 29.8% to 66.7% of GDP and life expectancy drops by 16 years.

Conclusion of Gina’s book: The pros far outweigh the cons.

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