Posts on the economy, work, business, income, and labour
National’s grand plan for the economy in the age of peak, peak food, and climate change: give tax cuts to the rich and take from the poor. It’s classic Nat class war. They want to force 100,000 people off the benefit in the ludicrously long time-frame of 10 years. But they won’t be creating any jobs so other workers will be displaced and wages will be forced down.
Aucklanders – the fight back against the worst recommendations in the Rebstock report starts now. Join us – Auckland Against Poverty – in a picket, 2pm today outside Work & Income, Sel Peacock Dr, Henderson.
With the TPP being negotiated in secret today the signs from John Key are that he’s planning to sell us down the river.
But given the way he sold out our work rights to Warner Brothers we shouldn’t be surprised.
Look past the tattered remains of Brand Key and the Nats have not changed in the past 20 years. They still don’t have a clue how to create a wealthier New Zealand but they know how to hurt people. As in the 1990s, they are falling back on bashing people who are jobless through no fault of their own. This clip from ‘In a Land of Plenty’ deserves to be watched again.
Overnight carers have won the right to be paid at least the minimum wage for time when they are not working and free to sleep, as well as when they need to provide care to their charges in the middle of the night. In reaction, National appears set to legislate away the basic right that when you’re at work you get minimum wage.
The Salvation Army has a Social Policy and Parliamentary Unit that comes out with some very well researched material. Their State of the Nation is compelling reading and their fear of the government’s welfare proposals coming out tomorrow speaks volumes.
We know from history, and from our own recent experience, that tax cuts don’t cause growth. Privatisation and public service cuts don’t do us any good either. What does cause growth? Public spending. What’s more, public spending is much more efficient than the private sector too…
On a day when I’ve heard of 3 smaller businesses shutting down due to National’s economy, Big Business too is waking up to the flaws in National’s ways. The push through, don’t consult, override the wishes of the people mentality even chafes the corporates when it’s not in their favour.
Hunger and malnutrition are stalking New Zealand families. Hundreds of thousands are just one shock – whether an illness, or a large bill – from not being able to afford basic food. This is not good enough in our land of plenty. Multi-millionaire John Key doesn’t empathise. To him poverty is a moral failing but he’s seriously out of touch.
Whitcoulls has been here since forever — “one of New Zealand’s most famous and enduring retail chains”. But the chain is in big trouble, and it’s sad to watch the ongoing wreck. Let’s hope that Whitcoulls can be saved before hundreds more workers and families in NZ lose their livelihood to the moribund economy.
The limo issue reveals everything wrong with the Key government in microcosm: greedy, elitist, hypocritical, liars. Against the background of the failing economy, it’s one hell of a bad look. But in monetary terms, it pales in to comparison beside their decision to cancel Cullen Fund contributions, which has now cost $334 million.
Idiot/Savant at No Right Turn compares the bailout of SCF investors with the Nats’ threat to change the law to deny some workers the minimum wage.
John Key says if you’re having trouble getting by on your income it’s due to your ‘lifestyle choices‘. Key has given himself at least $23,000 in tax cuts and had a $7,500 rise with our borrowed money. He has the worst economic record of any PM in 80 years: 86,000 more jobless Kiwis, falling incomes. And this bastard blames Kiwi families for their poverty.
While those with $1500 to spend will be enjoying the world cup up close the rest of us have to pay for it.
Somehow it seems appropriate the game that once symbolised New Zealand’s classless society is now only available to the wealthy few at the expense of the many.
Under Labour, when there was effectively full employment, there were still 1,700 people who had been continuously on the dole for over 4 years. I was prepared to accept most of these were ‘bludgers’. Turns out I was too cynical. Paula Bennett found only 658 were ineligible. Werewolf has an excellent article busting more benefit myths.
Because it’s failed ideology prevents it from leading job creation, National came up with ‘Community Max’. Pointless make work schemes have flourished. At the end, more participants are back on the dole than would have been if they had never left. A waste of time and money. Just like boot camps with a higher reoffending rate than home detention.
Democracy doesn’t suddenly magically appear as though from a conjurers hat. We know that, right? So why are revolutions seeking democracy D.O.A?
Look at the international media these days and what do we see? Oil prices rising due to peak oil. Extreme weather events due to climate change. Rising food prices due to peak oil increasing production costs, climate change destroying crops and resource depletion. And, in the most exposed countries, governments falling in revolution.
The Oz Job Expo was in Auckland this weekend, and 6000 people turned up and were willing to pay $15 to look for the job they couldn’t find in New Zealand. With much lower unemployment in Australia, job adverts way up since 2008 instead of way down here, and wages on average 30% higher, who could blame them?
Another piece of union-bashing has been quietly implemented. Before, when bringing in foreign actors, the burden of proof lay on the production company to prove the talent they were importing was truly required. Now, no proof is required. This undermines Kiwi actors and their unions. It’s all about punishing Actors’ Equity for the Hobbit fiasco.
Economic inequality is damaging to the fabric of society. It’s a simple and compelling message, and it seems to have the political “Right” in a complete panic. In fact if Deborah Coddington’s latest piece is anything to go by, the Right are terrified to the point of derangement.
John Key wants to take credit for Allan Bollard’s good work. The Reserve Bank is having to step outside its remit to save our economy from a National government and this is the thanks he gets…
Once upon a time New Zealand was the most prosperous country in the world, living on the sheep’s back. But that was when its population was only two million. The fruits of a raw commodity export sector now have to be spread over more than four million. We could provide decent jobs and income for all by processing these commodities in New Zealand.
Key: So, Gillard’s coming. Are we talking about a single economic zone?
Groser: Umm. No. Mobile roaming charges.
Key: Christ, Tim. We’re really racking up wins for Kiwi exporters here, aren’t we?
Captain Panicpants: Your numbers with women are down over Hurley. They say you sounded disloyal and they empathise with Bronagh.
Key: Shit now that’s serious. Call the missus. We’ll do something cutsie and distracting.
The government is pleading poverty thanks to the tax cuts for the rich (and even though government debt is under control). This is their excuse for welfare and spending cuts and asset sales. This is shown to be pure spin by the fact that they’re passing over the opportunity to save the economy $75 million because they won’t spend $28 million.
The nice thing about David Bennett is he says what other Nats are smart enough to keep quiet. Remember his rant against the minimum wage? But he out did himself with his speech defending the appalling record of the National government. It turns out the brighter future Key promised was a lie – the National government “is not there to make your life better”.
The Government, desperate for some kind of tangible achievement on the trade front, is pushing us into the Trans-Pacific Partnership. We cannot allow the TPP to go ahead. It would sacrifice our sovereignty to the wishes of multi-nationals, allowing them to sue New Zealand if we put restrictions on foreign investment.
Key proved he’s bereft of ideas in his speech on Tuesday. On Wednesday, he showed he’s out of touch. As you know, Key has voted himself $23,000 of tax cuts on his PM salary alone. Labour estimates another $24,000 on his investments – over $1000 a week. Key argues his tax cut is ‘only’ $15,000.
8,000 more unemployed in Q4 2010, and 1,000 more on the dole in January; New Zealand headed to a douple-dip recession after a year of anaemic growth; an average wage rise in 2010 of 1.9% with inflation of 4%. And a government focussed on manipulating statistics instead of coming up with an economic plan.
*English vs English on assets sales, as business commentators come out against the flawed business case for privatisation. *Will Hide honour his word and resign over Supercity debacle? *Foreshore Bill to join CERRA as a constitutional outrage. *Economic woe keeps coming. *Is the ‘brighter future’ on its way or just more Key stunts?
By every significant measure our economy is a mess. Bill English is finance minister for what is looking increasingly like the most useless do-nothing NZ government in living memory. So is he working on a plan to put things right? Is he rolling out the big ideas that will get New Zealand moving again? No – he’s lashing out at public servants. Pathetic.
John Key has taken a swing at Kiwi workers who have lost their jobs thanks to the bankers’ recession and his economic mis-management. Key claims people are choosing to be long-term beneficiaries “even though work is available to them”. But the jobs aren’t there and that has caused long-term unemployment to explode under his watch.
The PM has obviously been stung by the surge of negative publicity generated by the TV3 piece on the residents of McGehan Close. The revival of this particular piece of exploitative hypocrisy risks tarnishing the sacred Key brand. Can’t have that. So Key is trying to convince us that the Nats have done “as much as possible” for the underclass…
In his speech yesterday, John Key made the extraordinary claim that the real average wage has risen 10% under his rule. That figure is wrong and the measure is the wrong one to use. But there’s a more fundamental check: look around you, is the average family 10% better off than 2 years ago? Who are you going to believe? Key or your own eyes?
John Key’s government is just two years old but it is already clearly bereft of ideas. His lacklustre speech showed no innovative thinking. There was just his usual bile directed at Labour and the same old failed National formula: asset sales, welfare cuts, and public service cuts masked by restructuring to fund tax cuts for the rich elite.
The Nats have upped the minimum wage by 25 cents. An increase of 1.9% that doesn’t even keep up with inflation of 4% and is thus a minimum wage cut. On cue a tame economist opines that wage growth can only happen if we achieve productivity growth first. The only problem with this excuse is that over the last several decades productivity has grown significantly, and wages haven’t followed…
