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  1. #11
    Legend Balance's Avatar
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    deleted deleted
    Last edited by Balance; 15-07-2023 at 02:25 PM.

  2. #12
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    Quote Originally Posted by Balance View Post
    That's not what you asserted - 12,000 new state houses built by Labour. You got caught and tried every which way to spin your way out of your lie. Does not work with us informed posters so don't even try.

    Many of the houses as it turned out were existing homes bought from the market - which means that this clueless government was competing with private buyers and driving up property prices (and inflation).

    Clueless and useless as usual - that's Labour on housing. 350% increase in state housing waiting list!

    But losers like you either do not know that or are too dumb to realise that.
    Hmmm competing with private buyers in a housing market in decline.... Not so much competition out there at the moment.

    So with your astounding logic, National didn't build anything when it was in Government.
    Name me one thing National built besides John Key's ego?
    One thing.

    One thing that Luxon should desperately build is some popularity & trust with the electorate. 😅
    Polling at 20% 😅
    Last edited by Daytr; 15-07-2023 at 02:07 PM.

  3. #13
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    Quote Originally Posted by Daytr View Post
    Hmmm competing with private buyers in a housing market in decline.... Not so much competition out there at the moment.

    So with your astounding logic, National didn't build anything when it was in Government.
    Name me one thing National built besides John Key's ego?
    One thing.

    One thing that Luxon should desperately build is some popularity & trust with the electorate. 
    Polling at 20% 
    Transmission Gully , national cycleway .Broadband network nationally - how good was that in 2020 under lockdown .

  4. #14
    Legend Balance's Avatar
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    Quote Originally Posted by stoploss View Post
    Transmission Gully , national cycleway .Broadband network nationally - how good was that in 2020 under lockdown .
    "Political legacies are hard to measure in hindsight, let alone in real time, but John Key's economic legacy can be measured just by looking at what he judges as success - wealth and incomes.
    A behind the scenes look at the Prime Minister John Key and Finance Minister Bill English getting ready for Budget 2016 on Thursday 26 May 2016.

    Mr Key told his resignation news conference he thought his greatest success was the government's economic leadership in tough times and that the economy was growing, creating jobs and building Budget surpluses.

    It is true the economy is growing at an annual rate of over 3.5 percent, which is one of the fastest growth rates in the developed world. The economy created 179,000 jobs in the last two years. It is pumping GST and income tax revenues into the government's coffers at such a rate that Budget surpluses are "hockey-sticking" up, as Mr Key said last week. He said they would be big enough for voters to "have it all" in the form of extra social spending, tax cuts, earthquake rebuilding and debt repayment.

    All this economic vigour came after the worst Global Financial Crisis (GFC) since the 1930s, the most damaging earthquakes in our history and, recently, a prolonged collapse in the price of our biggest commodity export. Yet gross weekly earnings are growing at more than 5 percent per annum and have been for almost three years. Unemployment fell to 4.9 percent, the lowest point since Mr Key took office in the fourth quarter of 2008.

    The benefits of all that income growth have not been spread completely evenly, but they are being spread more evenly than many think - and more than in most other countries. Income inequality has been broadly unchanged over the last decade. The retention of Working For Families, increases in the minimum wage in line with the average wage and the rise in New Zealand Superannuation in line with average wages has meant pensioners and working families in their own homes have benefited over the last decade. Much of that wage growth was real because inflation has been low, while borrowers have done well because interest rates fell so far and stayed that way for most of Mr Key's eight years."

  5. #15
    Legend Balance's Avatar
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    Meanwhile, Left Wing long time commentator Chris Trotter sets out why Hipkins' captain call is such a disaster for Labour and why Hipkins' days are numbered.

    https://thedailyblog.co.nz/2023/07/14/captains-call/

    "That the New Zealand Labour Party has meekly accepted the Captain’s Call of its Leader, Chris Hipkins, that his government will not introduce either a Wealth Tax or a Capital Gains Tax (CGT) while he’s the one in charge is deplorable.

    Hipkins’ colleagues, Finance Minister Grant Robertson and Revenue Minister David Parker, found it impossible to persuade the Prime Minister that their tax reform plans were a plus, not a minus, for the Labour Party.

    When political leaders issue a Captain’s Call, they are effectively inviting their parliamentary colleagues to either back them or sack them. They are signalling that key policies, key decisions, are no longer to be decided democratically by Cabinet, Caucus and/or the wider party; but from above, by the Leader and his/her closest advisors.

    This sort of leader, once they have made their “call”, can no longer be persuaded, or outvoted. They can only be deposed.

    It was a chance for Captain Hipkins to show his quality and, sadly, he has."

    Last edited by Balance; 15-07-2023 at 02:28 PM.

  6. #16
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    Quote Originally Posted by Balance View Post
    "Political legacies are hard to measure in hindsight, let alone in real time, but John Key's economic legacy can be measured just by looking at what he judges as success - wealth and incomes.
    A behind the scenes look at the Prime Minister John Key and Finance Minister Bill English getting ready for Budget 2016 on Thursday 26 May 2016.
    Why was the credit rating cut under their tenure?

    What did he do with the asset sale proceeds - where did it go. It disappeared on vanity projects so they could put some stuff on their blue brochures.

  7. #17
    Legend Balance's Avatar
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    Quote Originally Posted by Panda-NZ- View Post
    Why was the credit rating cut under their tenure?

    What did he do with the asset sale proceeds - where did it go. It disappeared on vanity projects so they could put some stuff on their blue brochures.
    Yawn.

    Questions about credit ratings from the ignoramus Labour peasant panda-nz who wanted Ryman to increase its debts and do a share buyback when Ryman was close to defaulting on its debt burden.
    Last edited by Balance; 15-07-2023 at 05:27 PM.

  8. #18
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    Quote Originally Posted by stoploss View Post
    Transmission Gully , national cycleway .Broadband network nationally - how good was that in 2020 under lockdown .
    You missed the point National didn't actually do any of the building,
    It's contracted out or bought in etc.
    Just like Labour's 12,000 additional state houses that Balance says they haven't built.
    Which obviously rubbish.

    But yes both Governments were responsible for the projects although most of the building of Transmission Gully was done under Labour.
    Last edited by Daytr; 15-07-2023 at 09:38 PM.

  9. #19
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    Hippocritter must never utter the words "get in behind" while Robbo is in the background...

  10. #20
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    Quote Originally Posted by Daytr View Post
    You missed the point National didn't actually do any of the building,
    It's contracted out or bought in etc.
    Just like Labour's 12,000 additional state houses that Balance says they haven't built.
    Which obviously rubbish.

    But yes both Governments were responsible for the projects although most of the building of Transmission Gully was done under Labour.
    National signed the contract .
    meantine Jacinda promised to start light rail down Domi ion road in her first term .How’s that progressing ?
    Can you update me on the Kiwibuild , 100,000 in 10 years , 5 years in must be a few ?

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