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Paracetamol costs have jumped up to 30% due to Iran war, pharmacies warn (www.theguardian.com)

submitted 3 weeks ago by Lemmynated@lemmy.zip to c/world@quokk.au

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[–] Goodeye8@piefed.social 2 points 3 weeks ago (1 children)

I don't think it's that stupid on an argument. For example you wouldn't know you're paying more if imported fuel was taxed in a way that makes local fuel competitive. That tax money could go back into subsidizing, including modernizing the refineries.

The only problem with this plan is that it's far far cheaper to exploit foreign countries for their natural resources instead of using your own. If we weren't exploiting foreigners your local refineries would be worth a lot more.

[–] fizzle@quokk.au 2 points 3 weeks ago

That doesn't make any sense.

Tax imports to support an industry that would replace the imports?

Even if the logic wasn't fundamentally flawed, you're still talking about paying more for fuel.

The failure is our LNG agreements. We should be getting a better price for LNG exports and we should have guaranteed diesel in return.

It will never make sense to have distributed manufacturing just because. Strong trade relationships is always going to be better for everyone.