Labour / NZ First Government

[dobby41]

Do you mean stuff like not being able to operate your business for 6 weeks while your competitor could? That kind of stuff?

No, I was thinking about the failure of the store and subsequent suicide.

[Joshuatree]

https://www.newshub.co.nz/home/polit...usinesses.html

Try making sense of the repugnant views of Deborah Russell Labour MP (revealing for all, Cindy's government view as well) that it was the fault of SMEs (Mum & Dad businesses)- they were ill-prepared financially to cope with the lockdown.

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ ~~~~~~~~~~

Well, this is the reality as articulated by the late Roy Green :

"The shop had been turning over $92,000 per week prior to the lockdown but was making no money in level 4, TVNZ reported.

"The money I do have in the bank is all going for outgoings at the moment ... it's a tough struggle," Green said.

The stress of trying to pay everyone was "ridiculous", he said.

"I spend nights awake in bed, some nights I've sat there crying, wondering what I'm gonna do next."

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ ~~~~~~~~~~~~~~~

Imagine watching his life savings disappear, with zero direct help from the government who took away ALL of his revenues.

Question : So who really has been uncaring & heartless? Or has not got a clue about what running a business entails?

Then, we have the Health Minister breached lockdown 3 times because he is so much better than everyone else, instead of doing his job.

I am going to go for a walk to cool down - my blood is boiling at the callousness of this government and its ivory tower MPs and ministers.

You keep walking bud and MAINTAIN 2 METRES!!!


So far THE FACTS, unprecedented!

Nearly $12 billion Wage subsidy scheme

Tax Refund Scheme

SmallBusiness cashflow loan scheme
over 6,000 Applicationsin the first few hours

$6.25 billion business finance guarantee scheme

RBNZ nearly doubles quantitative easing programme to $60 billion; Reaffirms forward guidance to keep OCR at 0.25%, but specifically says it's prepared to reduce the OCR further

Specialist ministerial Infrastructure group looking at projects ready to go etc etc etc

The budget to follow with lots more.

[macduffy]

I think It's about time we closed this particular line of "discussion" - before Vince does it for us.

[fungus pudding]

My exact reply was - Nope but there are far far far better alternatives than spending $1,400 per week!

How about leasing any number of venues now available, equip them with furniture and furnishings and house the homeless there? And make sure they help themselves as well - cooking, taking care of the place etc?

Give a man a fish and he is hungry tomorrow. Teach a man how to fish and he will feed himself into the future.

Or to quote Reinstein, 'Build a man a fire and warm him for a day. Set a man alight, and warm him for life'.

[Balance]

Ok, let's see what kind of help the 'facts' work for someone like Roy Green who had his revenues cut to zero, overnight :

You keep walking bud and MAINTAIN 2 METRES!!!


So far THE FACTS, unprecedented!

Nearly $12 billion Wage subsidy scheme Employees benefit up to $585 per week but he still had to pay & top up the difference out of his bank savings

Tax Refund Scheme Of zero help until end of financial year

SmallBusiness cashflow loan scheme
over 6,000 Applicationsin the first few hours Available only from 12 May - 7 weeks after Roy's business had been bleeding losses, destroying the savings he had in the bank

$6.25 billion business finance guarantee scheme Trading banks did not support the scheme - only $23m was lent. Know why? Conditions were so onerously anti-banking on the banks they did not want to know.

RBNZ nearly doubles quantitative easing programme to $60 billion; Reaffirms forward guidance to keep OCR at 0.25%, but specifically says it's prepared to reduce the OCR further

Specialist ministerial Infrastructure group looking at projects ready to go etc etc etc

The budget to follow with lots more.

So tell us, JT - what help has Cindy & her bunch of incompetents extended to Roy Green who had his revenues wiped out to zero?

Not a cent in direct support! Instead, he had to run down his precious savings to pay wages, outgoings and his family expenses.

But for beneficiaries who actually do not need additional support, $2.8b in assistance to those receiving benefits, via a $25 per week increase in core benefits from 1 April and a doubling of the winter energy payment. Why?

[BlackPeter]

Ok, let's see what kind of help the 'facts' work for someone like Roy Green who had his revenues cut to zero, overnight :



So tell us, JT - what help has Cindy & her bunch of incompetents extended to Roy Green who had his revenues wiped out to zero?

Not a cent in direct support! Instead, he had to run down his precious savings to pay wages, outgoings and his family expenses.

But for beneficiaries who actually do not need additional support, $2.8b in assistance to those receiving benefits, via a $25 per week increase in core benefits from 1 April and a doubling of the winter energy payment. Why?

I think that is an interesting question ... and I am keen to get an honest answer from one of the resident Labour supporters.

While I think that the government did a lot of good moves during the recent crisis to keep us healthy - they clearly prioritize their voters over the rest of the economy. Beneficiaries, state employees and unionized labor (typically working in large companies) are where the money goes - and the rest of the population might get (if they are lucky) the crumbs which are falling off the table. Pretty sure however, that they will stand in the front line when the bill is dished out for the meal.

The crisis was an amazing opportunity for Labor to pop up benefits for the less performing part of the population without the fear of scrutiny, while the people running SME's would not be typical Labour clients. Well, I guess this will teach them a lesson.

Not saying though that National would have acted with less bias - just towards some other groups. They are all just human, aren't they?

[westerly]

I think that is an interesting question ... and I am keen to get an honest answer from one of the resident Labour supporters.

While I think that the government did a lot of good moves during the recent crisis to keep us healthy - they clearly prioritize their voters over the rest of the economy. Beneficiaries, state employees and unionized labor (typically working in large companies) are where the money goes - and the rest of the population might get (if they are lucky) the crumbs which are falling off the table. Pretty sure however, that they will stand in the front line when the bill is dished out for the meal.

The crisis was an amazing opportunity for Labor to pop up benefits for the less performing part of the population without the fear of scrutiny, while the people running SME's would not be typical Labour clients. Well, I guess this will teach them a lesson.

Not saying though that National would have acted with less bias - just towards some other groups. They are all just human, aren't they?

As far as superanuitants go, with out means testing it would be impossible to assist those dependant on super for income. Means testing would bring screams of protest from the "I have paid my taxes brigade and would be political suicide. Not sure how working for large companies (Sky City, Bunnings, or the German owned magazine publisher) helps. As for the less perfoming part of the population do you include sharetraders. ?

westerly

[iceman]

But for beneficiaries who actually do not need additional support, $2.8b in assistance to those receiving benefits, via a $25 per week increase in core benefits from 1 April and a doubling of the winter energy payment. Why? [/COLOR]

Because Jacinda and Winnie agreed on this when this most transparent of Governments negotiated their secret & unpublished coalition agreement. Jacinda got money for the beneficiaries and Winnie got winter energy payment for the oldies, many of whom vote for him. Nothing to do with COVID of course. Unlike the $70m Winnie got for the horseracing industry once again last week. They must have been his priority concern from COVID

[fungus pudding]

Because Jacinda and Winnie agreed on this when this most transparent of Governments negotiated their secret & unpublished coalition agreement. Jacinda got money for the beneficiaries and Winnie got winter energy payment for the oldies, many of whom vote for him. Nothing to do with COVID of course. Unlike the $70m Winnie got for the horseracing industry once again last week. They must have been his priority concern from COVID

'Winter energy payment' is a misnomer. The payment is simply a superannuation booster. Recipients are at liberty to spend it on call-girls, at the local casino, donate it to charity, or spend it at their local watering-holes. I very much doubt that many will run their heaters longer because of it.

[dobby41]

Because Jacinda and Winnie agreed on this when this most transparent of Governments negotiated their secret & unpublished coalition agreement. Jacinda got money for the beneficiaries and Winnie got winter energy payment for the oldies, many of whom vote for him. Nothing to do with COVID of course. Unlike the $70m Winnie got for the horseracing industry once again last week. They must have been his priority concern from COVID

That's an impressive stretch even for you.
A question on the covid $25/week and the doubling of the energy payment this year is related to an agreement between Labout and NZ1st 3 years ago - they had such foresight.