In 2008, John Key’s line was ‘New Zealand doesn’t have a debt problem, it has a growth problem’. In Budget 2010, he said the Crown would be back into surplus in record time. In December, he said debt wouldn’t force a downgrade. Now, he says debt is such a problem we need to slash and sell. When did he mean what he said? Never. It has never been about debt.
Ironically, the best response to Key’s ‘slash and sell’ agenda came from Obama, whose spotlight Key is always trying to share: “Cutting the deficit by gutting our investments in innovation and education is like lightening an overloaded airplane by removing its engine. It may feel like you’re flying high at first, but it won’t take long before you’ll feel the impact.”
John Key is busy raising the canard of our economy being as indebted as the PIIGS countries that are in trouble in Europe. He’s talking about net foreign debt, and he’s suggesting lowering government debt is the solution. But New Zealand’s debt problem is not a government debt problem, and with asset sales he has the wrong solution to the wrong problem.
Just what is this political “courage” the Herald speaks of?
Senior Maori Party staffers have been deserting the party in droves in recent months, including chief of staff Harry Walker, repulsed by the leadership selling out to National. It’s gotten so bad that they’ve had to out-source their spin doctoring to the Tories. You think I’m joking? I wish. This illuminates Hone Harawira’s fight with the leadership.
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Halfway through last year I suggested we’d see a July election as National raced to lock in a second term before their numbers fell.
I reckon that’s exactly the strategy we’re seeing today. The tories know that their numbers are only going to go down this year as their policies bite so they’ve decided to put the pedal down.
While we’re all eagerly awaiting Tracy Waktins et al’s reviews of John Key’s controversial decision to wear a mauve tie in his state of the nation speech, I thought I would look at some of the reasons why asset sales are such a stupid idea.
Whilst John Key’s raising of privatisation is the first focus of his State of the Nation speech, perhaps equally as important is his intention for swingeing cuts to public services. Health and Education will have to pay higher wages from the same budget, but the likes of Police, Justice, Conservation and Social Services can expect cuts of more than 10%.
So John Key’s great bit of policy for the election is to sell off the family jewels. Generations of New Zealanders have built up these assets, and now, like in the 90s, National intend to flick them off to foreign investors, and drain the country’s wealth.
Good news for families of the Pike River miners. The Police have shown them video proving their mens bodies are still intact. It raises questions about the government’s actions. Why was this footage previously withheld? Why were the Nats spinning that there was nothing left to recover? And why was the recovery really abandoned so hastily?
It’s not radical, it’s not revolutionary but Phil Goff has laid out a positive, progressive, and affordable vision that contrasts with John Key’s directionless, lazy leadership. It seems to be popular. The PM’s state of the nation is expected to contain an interesting savings policy but always the question is: cue bono?
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John Key says that he can’t increase the minimum wage by a decent amount. The excuse this time round is that a decent increase will destroy jobs. Well, let’s check that out a little bit. Is it really true that lifting the minimum wages destroys jobs? If it is, do the benefits outweigh the gains? And what about the cost of letting wages fall?
Phil Goff has just delivered an excellent speech to start a year of laying out Labour Policy. $100/week tax free, stopping tax-dodging bludgers, support for R&D and exporters, correcting housing market anomalies and encouraging investment in the productive sector. There was a lot to like.
The Legatum Prosperity Index looks beyond GDP, a failed measure that counts rebuilding after an earthquake as a gain. The Index is a broad measure of nations’ prosperity comprising 88 components. It shows that New Zealand is a relatively prosperous nation. It also shows that relative prosperity is falling under National.
At this stage in the electoral cycle, government support parties are usually looking to try to differentiate themselves from the main governing party. They need to do this to show they still hold true to their own values and have a separate identity that is worth voting for. The Maori Party is doing to opposite.
John Key on Radiolive yesterday: “There are a lot of factors at play sometimes socio-economic, so there are a lot of negative statistics for the want of a better description that that Maori dominate and we need to make changes there whether it’s prison, incarceration or whatever”. Key thinks all Maori are crims. Welcome to your brighter future: it’s behind bars.
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A good day at Ratana today with the Labour party delegation led by Phil Goff and Annette King. For me personally, it was […]
Higher commodity and food prices, we are told are a Good Thing. Our exporters (ie. Fonterra and foreign oil companies) get more money. But we consumers have to pay more to by the same products, so are we better off? And what about the poor saps overseas who are paying more for less, or the really poor saps who are priced out of the market?
Today’s Herald editorial explores Auckland Grammar’s decision to ditch NCEA in favour of the Cambridge exams and the support this elitism, which undermines the NCEA system, has received from Anne Tolley. Never shy to give helpful advice to its favoured PM, the Herald tells Key it’s time to rid himself of the incompetent Tolley.
You’ll remember the disgraceful Schmuck scandal when Minister John Carter had clauses inserted into legislation specifically to legalise Doug Schmuck’s annexation of a public reserve. John Key took no action. Now, Kate Wilkinson and David Carter got in on the act – forcing DoC to sign over more public land for private use.
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It’s a bit late, but this post is in response partly to John Armstrong’s bouquet piece at the end of 2010 headlined “Forget […]
The international evidence that National Standards don’t work is conclusive. Only 20% of schools are ready to implement them and over 300 schools are refusing all together. What’s our Minister for Education’s response to the objections of people who have dedicated their lives to education? A declaration of war – using the kids against the teachers.
We have a national myth that everyone is in essence equal, yet we have a disparity of wealth where 10% own more than the other 90% put together and 50% have no net assets. How does one square away occupying a position of extreme privilege in a democratic society? Often, by convincing yourself that your privilege doesn’t exist.
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I see the NBR lost another 6% of its circulation last year, so I thought it was worth giving Matthew Hooton’s latest rant in that publication a wider audience. Hoots has a go at us and Clare Curran for criticising the violent rhetoric of Sarah Palin and the Tea Party. Apparently, holding people accountable for what they say is restricting free speech.
Fran O’Sullivan makes a good point in today’s Herald about the new political taboo of speaking out against leadership.
While we agree that it’s a Bad Thing, I doubt we agree about how it’s come about.
It’s been revealed that the Government, having decided against dedicated Maori seats on the supercity council, gave appointed Maori advisers votes on council committees under its supercity legislation. That’s just unacceptable, we can’t have appointees voting equally to democratically-elected council members.
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Minister for Unemployment and Associate Minister for Overseas Holidays Paula Bennett.
She really seems to be enjoying herself and not posing at all in this picture by Herald photographer Brett Phibbs.
The National Party head office have culled the eight people they don’t like and left five to contest Botany.
It’s Maggie Barry vs Jami-Lee Ross and three others.
Herald, 21 December. Paula Bennett details the hideous abuse of a 9-year-old girl found shortly before by police. Says: “As soon as this case was brought to my attention I started demanding answers.” “I hope to God justice comes.” Today revealed, the child’s mother and teacher each separately wrote to John Key months before. Letters were transferred to… Paula Bennett.
Why did Hone Harawira pick a fight if he wasn’t prepared to see it out? One News last night had him saying he wants to stay with the Maori Party. Patrick Gower reckons Hone’s assault on the leadership is all about building cred to take over next year but Hone’s saying he would support Te Ururoa Flavell for male co-leader. Curiouser and curiouser.
