Labour govt 2020-23

[Wright]

Not sure if this has been posted before, but it makes interesting listening re the Adern Govt.

https://www.youtube.com/watch?v=koI9hfY2xK4

[ynot]

Not sure if this has been posted before, but it makes interesting listening re the Adern Govt.

https://www.youtube.com/watch?v=koI9hfY2xK4

Yes, he is a breath of fresh air.
I also posted a link a couple of days ago on this thread.

[Wright]

Wasn't sure how to inbed it properly.

I can't believe how bad things have gotten here in only a few short years, sad for such a once great country.

[ynot]

Wasn't sure how to inbed it properly.

I can't believe how bad things have gotten here in only a few short years, sad for such a once great country.

The crazy thing is, this was broadcast in Australia. The media here are a disgrace. Political discussion here has been dumbed down to kindergarten level.

[dobby41]

Tax cuts are not inflationary because those who get tax cuts save the money, goes into the bank or investments - good for productivity gains.

Economics 101.

National proposed tax cuts for the wealthy as a help for the 'squeezed middle' but you suggest that it is only saved.
Seems like a waste of $1.7billion to me.
Only you and National would think that giving more money to the wealthy ($100+ per week to them and a few $ a week to the target) would solve the cost of living crisis.

I think you and National need to go back and take economics 101 again.

[dobby41]

NZ now has the highest COVID deaths per capita - no crocodile tears from Ardern however. Plenty though in 2020 over 1 death reported on certain days.

As a rate right now maybe but overall (and the response is overall) we have one of the lowest deaths/million as Blue Skies pointed out.
There weren't plenty in 2020 - we had negative excess deaths and our life expectancy went up!

[Balance]

As a rate right now maybe but overall (and the response is overall) we have one of the lowest deaths/million as Blue Skies pointed out.
There weren't plenty in 2020 - we had negative excess deaths and our life expectancy went up!

Straight out of Ardern’s spin book of BS & deceit.

[Balance]

National proposed tax cuts for the wealthy as a help for the 'squeezed middle' but you suggest that it is only saved.
Seems like a waste of $1.7billion to me.
Only you and National would think that giving more money to the wealthy ($100+ per week to them and a few $ a week to the target) would solve the cost of living crisis.

I think you and National need to go back and take economics 101 again.

Labour’s attack of the tax cuts is that it favours only the rich, right?

The rich are not going to spend the money they get back from getting less of their incomes taxed on extra consumption - they already consume enough and they can only eat, drink and consume so much.

It is a fact that they will save or invest the money - all good for productivity.

Ronald Reagan did exactly that and the US went on to enjoy huge growth while getting inflation under control.

Which part of the above do you not get?

[dobby41]

Labour’s attack of the tax cuts is that it favours only the rich, right?

I don't think that is it solely.
More that it does little for their targeted 'squeezed middle' (it does favour the wealthy) and it isn't targeted.
National brought out the idea to help the 'squeezed middle' weather the 'cost of living crisis'.
They also attacked the cost of living payments as being inflationary.

If people just save the money how does that help their target?
If it does help the target then it must be more inflationary than a short-term payment.

Which part of this do you not get?
Back to Economics 101 for you (and National).

[Balance]

I don't think that is it solely.
More that it does little for their targeted 'squeezed middle' (it does favour the wealthy) and it isn't targeted.
National brought out the idea to help the 'squeezed middle' weather the 'cost of living crisis'.
They also attacked the cost of living payments as being inflationary.

If people just save the money how does that help their target?
If it does help the target then it must be more inflationary than a short-term payment.

Which part of this do you not get?
Back to Economics 101 for you (and National).

It is targeted at those who work hard - which part of that do you not get?