Reports today that Australia’s ICT deficit is $21b (click here). It is a continual and persistent cause of a yearly report about how we should do something about our ICT deficit. Everyone remembers back in the 1950s when our ICT deficit was $0. Those were the days. None of these foreign-made computers all over the place.
The reports argue for a policy to redress these. Such as increased spending education and something about promoting ICT exports. But let’s face it, that won’t do the trick. We need to reset the clock to the 1950s and simply ban ICT goods. Indeed, as I look around education is a culprit not a cure (look at all those students using computers rather than paper). Then it will all be fine and we can be saved this yearly clutter in our newspapers.
By the way, while we are at it, we need to kill the clearly unsustainable trade surplus in wool but throttling exports there. We don’t owe the world a wool living!