Labour govt 2020-23

[Balance]

This has always been the case irrespective of Govt flavour.
Those with capital do best and older pakeha has always had the capital.
Of course, the rapid growth in asset prices has been a phenomenon across the world - maybe Labour are to blame for them all?

Note the narrative from the Purveyors of BS & Spin?

Anything which is remotely positive, Cindy & her sympathisers grab credit.

Anything negative, blame others and deflect responsibility.

A government with no moral or ethical bearing or conviction.

[Balance]

It can be done - except in NZ where front of the queue (Nov 2020 Chris Hipkins) = last in the queue (July 2021).

Enjoy the pandemic & isolation - courtesy of an incompetent government.

E.U. vaccinations surpass the U.S.
The 27 member states altogether have now administered more coronavirus vaccine doses per 100 people than the U.S.: 102.66 to 102.44.

This month, the bloc also overtook the U.S. in first injections — currently, 58 percent to 56.5 percent. Earlier this year, the E.U. faced vaccine shortages while the U.S. rollout was initially more successful.

Some member countries, like France and Italy, have implemented vaccine mandates to try to speed up inoculations. And as campaigns decrease or plateau in some countries, officials are urging younger age groups to get vaccinated.

Hesitancy: The bloc is vaccinating at a faster pace than most developed countries, while U.S. rates have declined. Around 79 percent of E.U. residents say they intend to get vaccinated this year, according to a May survey. The U.S. faces much more anti-vaccine sentiment.

Delta: Officials say the variant is now dominant in a majority of countries in the bloc. Cases have soared in countries such as the Netherlands and Portugal, and hospitalizations have increased in France and Spain.

[BlackPeter]

Sad that it is the chair of Mainfreight who needed to remind us yesterday again what really matters:

https://www.nzx.com/announcements/376427

Closer to home in New Zealand - with all our best efforts in education, only
60% of children are regularly attending school. In the past 20 years, we
have dropped from being near the top of the world in reading and maths, to
now being close to the bottom rung.
This is and will be a great catastrophe for New Zealand - if we are unable to
produce the next generations of inventors, scientists, IT professionals,
doctors, researchers, builders, engineers, farmers and entrepreneurs.

This is a disaster in the making - and make no mistake, both National as well as Labour are responsible for this mess. Both big parties worked over the last decades hand in hand to screw up our education system - both fostering convenience (way of lowest resistance), teaching PC mumbo jumbo and padding a bunch of self serving unions and bureaucrats over the traditional values of teaching children to read and write at least one useful language, teaching them maths, teaching them to learn how to learn and teaching them discipline and respect.

Inept clowns - but I guess given that they just have to be better than the other clown and not good, it does not seem to matter..

Well, at the moment it is up to the Labour clowns to throw money at education without achieving anything but to make the education outcomes worse. How much did the increase of the teachers salaries (remember the unions buddies) improved our education system? Zilch.

Is there any political party around who is able and willing to stem this disaster and bring us back into the developed world?

[Balance]

Why promote a world class education system?

Too busy breeding beneficiaries and it’s voter base - that’s the modus operandi of Cindy’s government.

Smart & hard working people are not good voter material for Labour & the Maori elite. They like them uneducated, poor amd welfare dependent.

[artemis]

Preschooler in my family looking to go to an expensive private school some distance away, rather than the almost free one just around the corner.

Both parents are trained teachers, one working in a position of responsibility, the other now a tradie, but not well off at all.

Options fully investigated. That has to say something.

[fungus pudding]

Preschooler in my family looking to go to an expensive private school some distance away, rather than the almost free one just around the corner.

Both parents are trained teachers, one working in a position of responsibility, the other now a tradie, but not well off at all.

Options fully investigated. That has to say something.

It says not all schools are equal. Nothing more.

[Bjauck]

This has always been the case irrespective of Govt flavour.
Those with capital do best and older pakeha has always had the capital.
Of course, the rapid growth in asset prices has been a phenomenon across the world - maybe Labour are to blame for them all?

Fair enough not all. However now should we expect to see Labour promoting polices in order to shift away from overseeing a K shaped recovery. Time to extract the hard reforms from the recycling bin?

[westerly]

Note the narrative from the Purveyors of BS & Spin?

Anything which is remotely positive, Cindy & her sympathisers grab credit.

Anything negative, blame others and deflect responsibility.

A government with no moral or ethical bearing or conviction.

Note the narrative from the constant purveyor of right leaning anti left rhetoric.
NZ's Mr Beans devoted follower.

westerly

[SBQ]

Not that different in most OECD countries :

US - According to the latest Fed data, the top 1% of Americans have a combined net worth of $34.2 trillion (or 30.4% of all household wealth in the U.S.), while the bottom 50% of the population holds just $2.1 trillion combined (or 1.9% of all wealth).

UK - top 1% own 21% of all household wealth and top 10% own 53% of all household wealth.

Australia - top 1% own 23%, more than the bottom 70% combined.

You've missed my point entirely and perhaps didn't even read that article. The problem is the COMPOSITION of that wealth. Like the politicians, the rich in NZ hold it in residential properties. They're not holding shares or equities on the NZX in any significant portion.

The article is pointing out how NZ politicians have a conflict of interest in dealing with rising house prices (they don't like to see their investment portfolios crash in value). Compare that to the top wealthy in America which hold most of their wealth in the stock market? Does it matter if the equity markets have crashes? No so to the rich who really don't need that extra $.

You can argue wealth is wealth - but the fact being, the wealthy in NZ have become wealthy at the cost of the others that can NOT get into their first home. Meaning when house prices rise too fast - it mostly affects those that are trying to save for a deposit. In comparison, the movements of share prices mean nothing to those people that can't even buy a house.

NZ didn't get to #1 status of most unaffordable housing in the OECD for nothing.

[artemis]

It says not all schools are equal. Nothing more.

Can't argue with that. Though my not v well made point was that choice of school was based on knowledge and educational values.

The Ok public school the older 4 went to is now zoned and not available to (very slightly) out of zone.