Economy
The economy, shall we say politely, is facing some difficulties. With a National government there was no plan as to how to weather the economic storm, we just got tax cuts for the rich and an economy that just can’t get growing.
The economy, shall we say politely, is facing some difficulties. With a National government there was no plan as to how to weather the economic storm, we just got tax cuts for the rich and an economy that just can’t get growing.
In the last Budget, National cut the corporate tax rate to 28%, which costs $400 million a year and comes into effect today. […]
Bill English wants to cut things that are “nice to have”, like the adult education classes (that he used to praise in opposition), and keep “necessities”, like tax cuts for the already wealthy. This is the kind of economic “wisdom” that has Bill leading us into an all time record budget deficit.
Key and English are trying to soften us up for big public service cuts this budget. They tell us it’ll just be ‘nice to haves’ and that the private sector will step in to fill the gap when they cut too close to the bone. The important thing to realise is that every time the public service doesn’t provide us with something either we have to buy it out of our own pockets (usually at greater cost) or we don’t get it at all.
Given the controversy surrounding the 2007 Urewera raids, the legal system should be bending over backwards to conduct a process that is above reproach. Instead, they are doing the exact opposite.
In Sunday’s Baden-Württemburg state election, the Green party was the highest polling party. Their leader will become the first Green ‘Minister President’ in Germany. Regular guest poster ChrisH takes inspiration from this victory for New Zealand, and sees a formula for a Left victory this year.
Normally, we get 3.65 millisieverts of radiation a year. Increased cancer risk is associated with 100 millisieverts per year. Nuclear workers are only meant to get 100 millisieverts even in an emergency with protective clothing. Today, water in No 2 reactor was detected emitting 1 sievert per hour – and they’re not sure of the source.
Tucker’s law (not at all suitable for those offended by strong language).
As we brace for this year’s budget it’s important to remember that no change is a cut. A dollar today buys nearly 5% less than it did a year ago and there are 1% more New Zealanders. This is the most subtle and insidious way that the Right can undermine public services, by letting inflation and population growth do the work for them.
Darren Hughes has been suspended from his shadow portfolios due to the continuing police investigation. Goff probably should have done this earlier, despite the understandable wariness of a leader can’t punish an MP on the strength of a complaint alone. As Key did with Wong and Worth, Goff has waited until the media issue became too big.
So what are you gonna do with the 9K of tax cuts you got with your 400K pa job since October? Why not pay 7K to shack up with 65 of the elite and eat a 6 course meal from foreign chefs?… What do you mean you’re not on 400K, you haven’t pocketed 9K in the last 5 months, and price rises ate your ‘tax cut’? You need a real job.
Turia’s learning the price of loyalty. Her Whanau Ora is getting cuts. Key knows she’ll roll over and vote for any budget to keep her seat in the limo. Hide’s 2025 Taskforce is for the chop too. Key says it’s not worth the money. Never was. 300K down the drain. Brash off the gravy train; back to corned beef and peas. Bet Key’s silly cycleway won’t be cut.
The Nats want us to believe there is no other option than massive cuts to government spending. Roughly, a third of the cuts covers the earthquake rebuilding, another third covers the Nats’ tax cuts for the rich, and the last third covers the revenue loss from this neverending recession. So, how come the Nats can afford another round of tax cuts for the rich?
Owners of businesses in the red zone CBD want brief access to their premises to retrieve items and data that are vital to whatever remaining chance they have of keeping their enterprises alive. The government is refusing access on the grounds of safety. There’s right on both sides of the issue, but whatever happened to informed consent?
“The Prime Minister’s out of touch. Here’s a man who got well over$1000 a week from his own tax cuts… He may know where his bread is buttered on but it’s a different side of the loaf to most Kiwis… who every time they go to the supermarket are asking “how come this trolley of groceries is costing $20 or $50 more than it seemed it did last week’?”
John Armstrong’s contacts in National are telling him that Working for Families and student loans are the targets for cuts in this year’s budget. He also reveals the real reason for National opposing the widely-supported earthquake levy: putting on a tax would be an admission that tax cuts for the rich were a mistake in the first place.
“The worldwide recession is not your fault… You are being softened up for cuts in social spending… It’s easy to see the people this government is looking after. If you are a bank boss on $5.6million, helping cause a recession, you get an extra five thousand a week. If you are on the minimum wage – you get an extra 25 cents an hour.”
John Key says there’ll be no new money in the Budget. The health, education, and other locked-in increases plus the Christchurch rebuild will come from cuts elsewhere. Cuts of up to 32%. It doesn’t have to be that way. The rebuild and the shortfall can be easily covered if Key wanted to. If he chooses to slash and burn, it’s because he wants to.
There’s a hell of a lot happening in the Middle East right now, with protests and violence from Morocco to Bahrain. It seems likely that more governments will fall in coming days. In every instance, these revolts appear to be genuinely grassroots movements. The West is turning a blind eye to some government crackdowns. Its support for democracy is overridden by the need for stability to secure its oil supply.
There was already going to be too little money in Budget 2011 for maintenance of public services. Now what little there was is being further slashed in the name of Christchurch. An Earthquake Levy is not an option, rather we’ll all pay through increased borrowing and 25% cuts in services like police, transport, justice and social services.
As you know, Trevor Mallard is a keen cyclist. He touched wheels with another competitor in the R&R sports tour on Saturday. 3 cyclists went down at 40km/hr. Trev broke his femur and shoulder blade. It looks like he’s dealing with it OK. Maybe he should stick to leisurely rides on the John Key Memorial Cycleway in future.
On Friday, the government sent out a Request for Proposal for building companies to build 2,500 temporary modular homes in Christchurch. It looks like step towards the rebuilding plan I and others have been suggesting for the past couple of weeks. Now, lets see an aggressive timetable and a plan for what comes next.
If you’re like me, you just got home and were watching Te Karere with your nightcap. When it ended they cut to BBC with a live press conference of Libyan Foreign Minister Mussa Kussa (awesome name) who declared a unilateral ceasefire and called for talks with the rebels.
I was going to have my first post on the economy, but that will have to wait until the weekend as I’m all inspired after hearing Judy Bailey give a Brainwave Trust presentation this week. The incredible importance of providing the best possible start to our children in those very early years was good to have reinforced…
Me & others: How come the government seems to have no plan for rebuilding Christchurch or desire to get one?
Righties: Well, um, Key’s awesome and, anyway, what’s your plan, smart-arse ?
Me: I’m not the government, rebuilding Christchurch isn’t my job. But here’s where I would start.
There’s been increasing concern over the past week or two that not only has the government failed to communicate its plan for the Christchurch recovery, it doesn’t actually have one, and isn’t particularly worried about getting one. Yesterday in the House, Labour took Key to task on this important issue. And he was found terribly wanting.
So, how are you enjoying your brighter future? Not too flash, eh? GST up. Wages down. No jobs. More crime. Earthquakes. Oil and food shocks. No bloody cycleway. Discretionary income (after tax, housing, food, transport) is down about 15%. No wonder Kiwis don’t believe Key and National can deliver on their promises.
Labour leader Phil Goff has ruled out working with Hone Harawira even if Mr Harawira heads a party of several MPs. I think it’s a foolish decision and I think the reasons don’t stack up. Instead of ruling out Hariwria, Labour should rise to the challenge.
A comment from a foreign national in Japan caught my attention last night. She was a language teacher in a school and remarked that she was in the safest possible building as schools in Japan have extra earthquake reinforcement, ie over and above the building code as it applies to other buildings.
Mayor Bob Parker has described landlords hiking rents in Christchurch as “looting by another name”. I think the majority of us would feel as Parker does — it seems simply wrong to exploit people for profit in a time of tragedy. But look around. It’s just unregulated capitalism in action. There’s an awful lot of it about.
Facing a housing shortage in Auckland now and a massive rebuilding programme in Christchurch to come, the Government has announced the biggest public building initiative since World War 2. Thousands of unemployed young people will be paid to train as apprentices in building trades and contribute to their country’s future.
National are to allow battery farming style early childhood education. From July the government will allow 75 stressed under-2 year-olds in one room, unable to form a relationship with any one teacher.
Last week, John Key said that, due to the earthquakes, “from June to June, my guess is that we’ve lost $12 billion in GDP”. Later, he said it was $15b over 4 years due to the quakes. Now, Treasury says most of that $15b is from the recession Key and English had led us into before the quakes. The Nats are trying to use the quakes to hide their failings.
The United Chinese Press newspaper is potentially facing prosecution under the Electoral Act after it ran adverts on the day of the Botany by-election supporting New Citizens’ Party candidate Paul Young. The paper, the party, and the bidders for the Crafar Farms all appear to have strong links each other and the Chinese government.
ChrisH submitted this incredibly knowledgeable and well-researched post on the rebuilding of Christchurch a few days ago. The announcement that large parts now lower-lying eastern suburbs will be abandoned lends more strength to his call for a visionary urban plan for the new, more resilient Christchurch. And Phil Goff has the history to present it.
So another corrupt Nat minister has gone and Jami-Lee Ross has taken her seat in Botany. What an embarrassing resulting. The majority reduced […]