Polity: MSD dumps on National’s “net tax” nonsense
Rob Salmond has been looking through the newly released Ministry of Social Development’s Household Incomes Report. It really is invaluable.
Posts on the economy, work, business, income, and labour
Rob Salmond has been looking through the newly released Ministry of Social Development’s Household Incomes Report. It really is invaluable.
Kiwi voters are going to be offered clear election choices across a wide range of policies that matter. This is clear from Labour’s mini-Manifesto, released at the weekend Congress. As promised Labour’s offerings are positive and forward-looking. Besides education, there are policies on work, economy, schools, children, jobs, homes, environment, democracy, health, living costs and budget – put the commitments together and it’s a recipe for positive change.
As was generally expected by anyone who’d been watching the actual economy rather than just the dairy exports, business profits are lower than expected. And there aren’t the jobs and pay increases in our “rockstar” economy. So consumer spending measured by GST is low as well. Meanwhile the price inflation keeps increasing government costs. So we are already on track for a large deficit next year rather than the government’s much-touted imaginary surplus. You have to ask why we deserve a government that appears to live more in a universe of wishful thinking than reality.
If the aims of National/ACT’s education policy were, genuinely, to to improve the learning, education and career choices for our children, including the ones that are failing at present, they would not be following policies which have signally failed to achieve any of these goals, anywhere else they have been tried.
New Zealand has almost no leverage in 21st century trade talks because we have gave it away in the 80s and 90s. The 12 country TPP is better thought of now as a bilateral US/Japan deal with as many hangers on as would like to hang on. The trapping are still of a 12 country deal, of course. The TPP club is Barack, Shinzo, and nobody else. That’s realpolitik.
I have spent a large chunk of the this week digging my way into Labour’s fiscal plan after the Liu smear collapsed. I think that the fiscal plan is a work of art, and very classy art at that. Of course you have to read it closely and look at what it is intended to do. I was particularly intrigued about why there was ring fencing of future increases to education and health.
David Parker’s speech at Labour’s Congress today was passionate, comprehensive, and fully thought through. Respected for his intellect, Parker also said “My political heart lies in what has become something of a quaint notion these days, the notion of an egalitarian society. Perhaps it’s because of my Southern Presbyterian roots. It’s not just about equality of opportunity. It’s about decent outcomes as well.” Amen to that.
Yesterday saw a social media attack on David Cunliffe based on six words taken out of context in a speech given on an important subject. The debate needs to be about the subject and not on right wing framing of the six words. And yes us men need to own the domestic violence problem and work towards solutions.
Responses to TV3’s miniseries, Hope and Wire, based on the Christchurch quakes & aftermath, are mixed. The opening episodes set up some universal themes: of wealth-seeking individualism versus community solidarity and collaboration. Many in Christchurch are angry that their city, and it’s experiences, have been mis-represented.
It isn’t that often that we put up speeches by politicians. They’re usually aimed at the general public and don’t really get into the guts of the issues in the way that our activist commenters like to argue at – they tend to be political and in this site preaching to the converted. However this speech by Phil Goff is exceptional. It was made at a centre looking at China, and looks at the benefits and risks of our current and future relationships with that country. Worth reading
Dairy prices have resumed their slide, falling 4.9 per cent at the latest GlobalDairyTrade auction overnight. The drop was the ninth fall out of the last 10 auctions. It looks to me like the boom is over. Looking at the rise in production for whole milk powder in China, and increased exports from other countries, I think that it will continue to decline. In the meantime National have been allowing our other export industries to stagnate.
The Government has almost finished a $100,000 project to strengthen a bridge it will now tear down and replace as part of its new roading package. The $3m to $5m cost to replace the bridge, with construction due to start next year, was a “massive investment while there’s other more pressing priorities in the region”. Who would have thought that pork-barrel road projects had such poor cost/benefit reasoning behind them. Heckuva job, Gerry. OIA time
Bill English has stated that a third term Key government would majorly reform the government’s budgeting & spending. It’s a major move towards privatisation of public services, & full spectrum digitally-enhanced monitoring of individuals’ lives: especially those of the already demonised and harassed single mothers on benefits.
Last night the Sunday show screened an expose of a Christchurch pig farm using footage provided by Farmwatch New Zealand. I was part […]
How to make your very own New Zealand Prime Minister. Even better looking than this vessel.
In 2004 Green Party Co-Leader Rod Donald made a speech about the Public Finance (State Sector Management) Bill. Ten years later the State Sector is still not an equitable employer. Pakeha men have done considerably better over the ten years than any other demographic and this is despite the fact that for many years now females have been out performing males academically. Women still earn less relative to their qualifications than men. There is some hope that a future Green/Labour coalition may finally address the issue.
Labour has announced another part of its package to fix Christchurch: an immediate crash home-building plan. The market has failed, so the government has to step in. Its that simple. As for why the market has failed, there’s the ongoing insurance problems of course, but perhaps this also has something to do with it. Living costs in ChCh are exceeding wages and the construction industry is pocketing the difference. Labour is also changing the rules about exploiting overseas labour.
For so many of the people in this still-broken city, they feel that this is a journey which they have been left to walk alone. Too often they find themselves fighting against the state, rather than working with them. One gets the impression that for all the visits and photo ops, Key just doesn’t get the situation down here.
Capital gains tax is now accepted by a more people than who oppose it. But for a policy long considered a “third rail” of New Zealand politics, its a significant shift. It ought to put paid forever to the idea that parties must go with the flow of public opinion because they are unable to affect it. Weak parties are. But if Labour stops being scared of its own shadow and afraid of its left-wing heritage, it can actually change things, and build the majorities it needs to govern.
Yesterday, the Hawkes Bay Regional Coucil voted to invest $80 million in the Ruataniwha dam. Today, the board of inquiry upheld its resource consent decisions, effectively shitcanning the project. And that, hopefully, is that. Or will HBRC and the farmers demand National pass a law under urgency to allow them to pillage this river, just as they’re doing for the West Coast forests?
I’m a glass half-full kind of a guy, so I want to start by emphasising the parts of Labour’s just-released fiscal plan that I like. The good: commitment to paying off government debt during economic good times, tax rate changes are welcome, and targeting tax avoidance by large multinationals. Bad: the top tax rate is still too low, and no need to signal second term tax cuts. Overall I would give this package a B+.
Labour’s Fiscal Plan shows a clear and positive difference from National. Those who earn over over 150,000 will pay more tax and applying tax to trusts to combat tax avoidance, are welcome steps to reducing inequality and the unfairness of the tax system. It’s a relief to see more effort in stopping the billions of dollars of tax evasion. Labour’s commitment to funding the real costs of Health and Education, taking account of rising costs and the changing population, forces National to front up and say what it is going to do to prevent our public services from deteriorating further.
The underbelly of John Key’s “rockstar economy” is mostly kept in the shadows, but every so often more tales emerge from the growing numbers of homeless. Vote left & vote the bastards out, this election!
Jan Logie’s post: “Work and Income – stories from hidden people” is a must read: stories from a divisive society, under a callous government that benefits the few at the expense of too many. We can do much better than that. Vote for change this election!
John Key claimed he didn’t know about the big shift in the US-NZ surveillance relationship in 2009. Now he claims he always likes to be fully briefed on intelligence matters. Robert David Steele points the way from such anti-democratic governance & misinformation, to an open source everything revolution.
There is a very long but worth reading post over at The Political Scientist. If you’re serious about campaigning in NZ at present, then it is definitely worth setting aside the time to ponder it. In particular the demographics and the occupational changes across Christchurch that may affect this years election outcome. Tony Milne also has a good post on Christchurch and its continuing travails..
The great tragedy in New Zealand trade policy came in the 1990s when we almost literally gave away the farm, dismantling most of our tariffs unilaterally to “demonstrate” how much fun life is with no tariffs. You can’t get much more fundie than that. And now – quelle surprise – we have basically no cards to play when negotiating with other countries. Who would have thought it?
Stand up: fight back: We know what we are up against. We’ve seen the depth of the negative, right wing campaigning. NZ wants and needs better politics, and a more inclusive society.
We allow new candidates for left parties to post here, usually just as guest posts because they aren’t bloggers (and unused to the medium). However James Dann from the blog Rebuilding Christchurch has been writing some excellent posts about that city and its travails during the rebuild. So we’ve decided to give him a author login because for years we have been longing for a author who is in and who writes about Christchurch.
Labour has released its Kiwisaver policy. Kiwisaver will now be universal for all workers except those earning less than a to be set level. Contributions will be gradually increased. The $1,000 Kick-start and government contribution of up to $521 a year will be retained and will apply to all new enrollments
Almost a week after last week’s storm, some people in West Auckland are only just getting their power back on, while others are still without hot water. Some parts of Auckland’s west are becoming increasingly neglected under John Key’s watch, especially since the centralising-moves following Hide’s blueprint for the “supercity”.
There is a false perception that free trade agreements are vital to our economy. Our open borders may make us the 3rd easiest country to do business in but that doesn’t mean that is an economic advantage, it actually exposes us to exploitation and is one of the reasons why our Current Account deficit is one of the largest in the OECD. The real fear should not about the loss of FTA’s but the real consequences of having them in the first place.
The most important thing that needs to be learned is that money is nothing. Or, to be more precise, money is a tool that can be used to distribute the resources available to a society. In and of itself it has no value nor does it have a physical representation. Specifically, money is not a medium of exchange but a symbol of exchange and because of this the cost of money, usually presented as interest, should be zero.
Al Jazeera outlines the dubious ethics of Goldman Sachs and the oligarchy it supports. They don’t give a shit about the lives they damage, or the resulting increases in inequality. The Nation interviews call for increasing public pressure on politicians to tackle NZ’s appalling child poverty.
A guest post from Poto Williams, Labour’s MP for Christchurch East concerning her recent attendance at the Independent Forestry Safety Review consultation and her thoughts on what is happening in relation to safety in the sector.
Wayne Mapp is worried about the possibility of Labour backing away from the Trans-Pacific Partnership (TPP). If National and MFAT would like support from the free-trade advocates inside Labour, then I’d suggest that they get off their padded arses and provide some solid information not only to us, but also to the public. But all I have heard so far is some psuedo-religious Randian rants about free-trade that are about as convincing to business people as statements about the imminent arrival of the Rapture.