Labour govt 2020-23

[dobby41]

And it begins....

Robbo is such a student of economics that I am sure he will battle inflation by injecting even more money into the economy.
Jacinda to inflation: "Be kind!!!!"

As always certain factions will demand more money.
That doesn't mean that it will happen.

It seems that 'spiralling' labour costs are not the reason for the inflation - surprising given the shortage of labour.

[dobby41]

Coming from you who regurgitates Cindy’s lies and spins like gospel truth, I treat that as a compliment as I wrote from personal observations and evidence.

Even if those observations were wrong and shouldn't be constituted as evidence.

Fortunately for us

Does not matter what I think.

[Logen Ninefingers]

As always certain factions will demand more money.
That doesn't mean that it will happen.

It seems that 'spiralling' labour costs are the reason for the inflation - surprising given the shortage of labour.

It seems that 'spiralling' labour costs are the reason for the inflation

Comprehension issues?

----

"What is also clear is that workers wages are not driving the current inflation changes. The latest data on wages from Stats NZ shows that 42 percent of New Zealand workers did not get a pay rise at all last year.

"More than 80 percent of workers are getting pay rises less than inflation. Overall, the Labour Cost Index shows that wages increased 2.4 percent last year. Whilst some economists may be worrying about a wage/price spiral, we have yet to see increased costs feed their way through to increased wages."

[Panda-NZ-]

The govt has been generously subsidising their labour which is nice of them.

But it was appropriately tapered off while Australia continued for 36 more weeks (over 52 weeks of subsidy for them).

[dobby41]

It seems that 'spiralling' labour costs are the reason for the inflation

Comprehension issues?

No, just missed the 'not' (fixed).
One small word makes a huge difference - thanks for the heads up.

[Balance]

Even if those observations were wrong and shouldn't be constituted as evidence.

Fortunately for us

Only in your indoctrinated weak brainwashed mind where Cindy is your one source of truth.

[Bill Smith]

Yes!! We have finally found something ardern and robertson are good at. Highest inflation rate in 30 years. (Highest # is best isn't it)

[Logen Ninefingers]

Yes!! We have finally found something ardern and robertson are good at. Highest inflation rate in 30 years. (Highest # is best isn't it)

Jacinda is an expert in these situations. You can expect her to call a press conference in a few months time in which she expresses her deep empathy for the victims of high inflation, and she will reassure the nation that Mr Robertson is working hard to resolve the issue through injecting huge amounts of cash into the economy. A working group will be set up to explore ways to deal with high inflation, with a full report to be produced in 6 months.

[dobby41]

Yes!! We have finally found something ardern and robertson are good at. Highest inflation rate in 30 years. (Highest # is best isn't it)

Unfortunately, they are just following the rest of the world so can't really take credit for that.

[Panda-NZ-]

Yes!! We have finally found something ardern and robertson are good at. Highest inflation rate in 30 years. (Highest # is best isn't it)

I look forward to your support for a 5% increase in superannuation, benefits and hopefully more in the minimum wage