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Originally Posted by Aaron
Interesting article in the herald on Saturday, Interview with Grant Robertson.
https://www.nzherald.co.nz/nz/politi...F3WDVA7SM2ONE/
They discuss using things other than the OCR to control inflation such as Don Brashes petrol tax increases or decreases, or adjusting Kiwisaver contributions. I am starting to feel a bit like Seymour in that the govt should get out of the way and let the chips fall where they may.
This was a quote regarding the covid response.
With the Bank doing everything it could to keep interest rates low, asset values, particularly house prices, shot up. REINZ’s measure of New Zealand’s median house price was $612,000 in January 2020. It climbed to $925,000 by November 2021, before finally falling.
Wow a 51% increase in just under two years. The people arguing that land supply constraint is the main issue re house prices might want to re read the figures and have a look at what changed over those two years.
Early in 2020, before Covid arrived, Treasury and the Reserve Bank warned Robertson that should these tools ever be used, there would be uncomfortable distributional side effects, like inflating the price of assets, making the owners of those assets very wealthy, at the expense of non-owners.
So they knew what would happen but went ahead and did it anyway. Grant Robertson has done more to reduce social mobility and increase the wealth gap than any other finance minister in recent history. What a piece of s*it. Good riddance. Now we have Chippy making his "no capital gains tax on my watch" call.
What do labour stand for, why do the unions still support them? They offer nothing for the working man wanting to get ahead, in fact Grant Robertson has managed to raise significant barriers to this ideal. More so than anyone else.
I guess Labour and Greens can fight over the woke warriors vote and we can spend all our time being offended at homophobic slurs.
Labour is not what it use to be. As A union member and Labour supporter for the majority of my working life I backed them as I believed they had my best interests at heart. Like you say they have lost sight of who and what they stand for.
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Originally Posted by ynot
Labour is not what it use to be. As A union member and Labour supporter for the majority of my working life I backed them as I believed they had my best interests at heart. Like you say they have lost sight of who and what they stand for.
It would be interesting looking at the election voting statistics, do the poor and working class get out and vote? If not why would you tailor policies that benefit them, you wouldn't get in power anyway. Maybe the Logen Ninefingers of the world are right, and the poor are where they are because they are lazy and stupid. I am definitely a bit of both. A bit, a lot, like Grant Robertson I don't like to judge myself too harshly.
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Originally Posted by whatsup
After he has managed to stuff in N Z economy has today announced , " Im out of here " and not staying around to repair the N Z economy that he stuffed while at the helm of it, typical labour , do as I say not as I do.
Remember, " the left is a lie " how much more proof do you want than this ?
Otago Uni is looking to rack up some $230m in debt this July just to keep the doors open..... Robbo "hold my beer"
Otago uni debt BLOWOUT way past predictions
"With a good perspective on history, we can have a better understanding of the past and present, and thus a clear vision of the future." — Carlos Slim Helu
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Originally Posted by Balance
Garbage as usual from Blue Skies, regurgitating from Labour’s playbook of excuses and BS.
Addicted to spending and wasteful spending while loading up on debt - that's Robertson.
See - you illustrate my point, no perspective.
You seriously compare figures from 2017 with 2023 without a glimmer of irony.
Blindly ignoring how low our Govt Debt to GDP ratio is compared to most other developed nations in the world. (We're one of the lowest)
NZ has only ever declared three "National States of Emergency".
ONE was following the GFC when our Debt to GDP ratio in 2012 under National govt was actually higher or around the same as now.
And the other TWO were the Global Pandemic ( a once in 100 year event) & the 2 catastrophic Cyclones.
So how do you explain this, why was Grant Robertson such an appalling Minister of Finance?
And how do you explain the contradiction between the economy being in such a mess while we can afford $14.6 billion in tax cuts & we desperately need money spent on infrastructure.
How does that work if not by magic?
As I've said before, all govt's waste money, all I'm saying is keep some perspective.
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Originally Posted by Balance
Garbage as usual from Blue Skies, regurgitating from Labour’s playbook of excuses and BS.
Addicted to spending and wasteful spending while loading up on debt - that's Robertson.
From the liar himself but you said it yourself best
Originally Posted by Balance
Does not matter what I think.
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Originally Posted by dobby41
Clueless Cindy is my hero and one source of truth.
Enjoy, dobby41.
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I hear that David Parker and Clare Curran both got employed by Otago University as well.
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A University of Otago spokesperson confirmed Grant Robertson will be the first Vice-Chancellor at the University of Otago who is not an academic.
He has been appointed with a total remuneration package of $629k.
to a Uni that's broke this is criminal
"With a good perspective on history, we can have a better understanding of the past and present, and thus a clear vision of the future." — Carlos Slim Helu
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Originally Posted by JBmurc
A University of Otago spokesperson confirmed Grant Robertson will be the first Vice-Chancellor at the University of Otago who is not an academic.
He has been appointed with a total remuneration package of $629k.
to a Uni that's broke this is criminal
The hole at University of Otago just got bigger thanks to Grant Robertson.
He sure knows how to make holes big and bigger!
GST off fruit & veges for the University staff?
Last edited by Balance; 20-02-2024 at 07:29 PM.
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