The “Others”.

“Othering” has long been a staple of Governments that want to remain in power for the benefit of an Oligarchy, an “Elite”, a small ruling class, or the ones with, “the money”. Deflecting blame for economic and social issues on, an ethnicity, a class, the elderly, the poor, the young, the unemployed, young solo mothers, the disabled, immigrants, or any other convenient group that can be demonised. Very soon more of us may become the “others” we didn’t care about.

Quick Snippets

The joys of bread rising far to fast through a warm autumn night is…this post.

Is this the next GFC?

The Minister of Finance says that we are facing the worst of any of the scenarios that they had been preparing for. In response the government’s rescue package is bigger than anything New Zealand has ever seen.

UBI: what is it good for?

Please don’t let economists, lefties, the right, or TOP design a UBI until we start talking about bolting welfare on. Here’s why.

Fact checking National

Simon Bridges has claimed that a GDP growth Jacinda Ardern used was wrong even though it was the figure released by Statistics NZ.  

Thawing after the BRR

“The purpose of fiscal policy should be to ensure ongoing wellbeing for all and the health of our environment.”

Trickle down fails yet again

Despite its continuous failure to work over the past 40 years trickle down remains a favourite justification by right wing administrations for allowing unfettered greed.

One News Colmar Brunton Poll Oct 2019

The October TV One/Colmar Brunton poll is out. Like yesterday’s devastating TV3 poll result showing National not waving, but drowning, today’s poll confirms that NZ is still heading toward an historic Labour/Green Government, despite the Tories flirting with numbers in the high fifties.

UPDATE: Some weirdness with the numbers: they add up to 101% and 47% does not actually give National 60 seats, so the ‘Poll Says National Can Govern’ headlines are a wee bit optimistic.  TRP.

Fairy tales of eternal economic growth

Greta Thunberg has spoken at the UN Climate Change summit and has warned the world that it is stealing the dreams and hopes of young people through its failure to address climate change.

Slowing economy?

In May this year the New Zealand Treasury was projecting growth accelerating from 2.4% to 3% in 2019-20 while the Reserve Bank has pessimistically cut interest rates to 1%. Both can’t be right.

Trump’s brilliant strategy to dismantle US dollar hegemony

Polymath economist Professor Michael Hudson’s latest article is a geopolitical panoramic masterpiece, sparked by outrage at a series of concurrent events on January 31 which he predicts means that 2019 will be the “year of global fracture.” Definitely worth a read.      

How To Get There 6/1/19

Welcome to TS’s Sunday think piece. It’s a blank sheet, a tabula rasa, waiting for your thoughts on the future and How To Get There.

China; Hack to the Future!

China has apparently been sprung hacking hundreds of western businesses and Government agencies, including some here in NZ. Should we be worried?

Spooked!

The GCSB ban on Spark’s use of Huawei technology means this government  has gone from “honest broker” to poodle in a very short time. Pressure has been applied by the US and others, apparently fearing we are the “soft underbelly” of the Five Eyes spy network. Maybe its time we got out of that too – it was designed for war.

Too many jobs being created

The latest unemployment data showing the jobless rate falling to under 4% follows the equally bad 1.0% economic growth in the September quarter and a budget surplus of $5.5b, confirming the economy is going down like Donald Trump, as predicted by the ANZ Bank’s business confidence survey