Grant Robertson Im out of here.

[whatsup]

After he has managed to stuff in N Z economy has today announced , " Im out of here " and not staying around to repair the N Z economy that he stuffed while at the helm of it, typical labour , do as I say not as I do.
Remember, " the left is a lie " how much more proof do you want than this ?

[Balance]

After he has managed to stuff in N Z economy has today announced , " Im out of here " and not staying around to repair the N Z economy that he stuffed while at the helm of it, typical labour , do as I say not as I do.
Remember, " the left is a lie " how much more proof do you want than this ?

Biggest arsehole is Robertson and now, Otago University wants the same wretched treatment he gave to the NZ economy.

Says a lot about Otago University and what our tertiary institutions have become - woke and useless.

[whatsup]

Biggest arsehole is Robertson and now, Otago University wants the same wretched treatment he gave to the NZ economy.

Says a lot about Otago University and what our tertiary institutions have become - woke and useless.

Third grade degrees from third ( turd ) grade employees imho.

[Joshuatree]

Sorry to hear this. A great compassionate being and i wouldn't have wanted anyone other finance minister to steer us through covid and inflation.A real loss for Labour but a fantastic gain for the university, who prob are pinching themselves.

[Blue Skies]

Sorry to hear this. A great compassionate being and i wouldn't have wanted anyone other finance minister to steer us through covid and inflation.A real loss for Labour but a fantastic gain for the university, who prob are pinching themselves.

I agree, these people who say the economy is 'stuffed' Imo have no sense of perspective.

Despite the Global Pandemic & 2 catastrophic cyclones, 2 of the only 3 'National States of Emergency' this country has ever had, economists note we have one of the lowest Govt Debts in the world amongst Developed nations.

Our Debt to GDP Ratio though peaking, is no higher (just) than in 2012 following the GFC.

Real Economists from global Credit Agencies give NZ very solid credit ratings due to the way the economy has been managed through the pandemic years.

There was huge support through the pandemic. Businesses were kept afloat & employees in jobs through the pandemic & the domestic economy actually took off.
It's govt's job to smooth out sharp impacts of shocks to the economy, using surpluses & deficits.

Unemployment is at historically low levels.

Inflation trending down.

A number of FTA's were negotiated &/or signed off during the Labour govt. (5 in total from memory. )

Not denying there's huge problems & challenges ahead but let's give some credit where credits due.
Just like after the GFC, the economy is very slowly recovering in a fragile global environment.
It's what this govt does next which is important.


I noted an economist saying recently Nicola Willis intends changing our Nett Debt to GDP ratio (similar to other nations) back to the old Gross Debt to GDP ratio for purely political reasons as will help her dampen spending expectations.

Just about every economist prior to the election said National's numbers don't add up, we could all see it then, we're starting to see the impact now & now some posters here are slamming Grant Robertson !

[whatsup]

I agree, these people who say the economy is 'stuffed' Imo have no sense of perspective.

Despite the Global Pandemic & 2 catastrophic cyclones, 2 of the only 3 'National States of Emergency' this country has ever had, economists note we have one of the lowest Govt Debts in the world amongst Developed nations.

Our Debt to GDP Ratio though peaking, is no higher (just) than in 2012 following the GFC.

Real Economists from global Credit Agencies give NZ very solid credit ratings due to the way the economy has been managed through the pandemic years.

There was huge support through the pandemic. Businesses were kept afloat & employees in jobs through the pandemic & the domestic economy actually took off.
It's govt's job to smooth out sharp impacts of shocks to the economy, using surpluses & deficits.

Unemployment is at historically low levels.

Inflation trending down.

A number of FTA's were negotiated &/or signed off during the Labour govt. (5 in total from memory. )

Not denying there's huge problems & challenges ahead but let's give some credit where credits due.
Just like after the GFC, the economy is very slowly recovering in a fragile global environment.
It's what this govt does next which is important.


I noted an economist saying recently Nicola Willis intends changing our Nett Debt to GDP ratio (similar to other nations) back to the old Gross Debt to GDP ratio for purely political reasons as will help her dampen spending expectations.

Just about every economist prior to the election said National's numbers don't add up, we could all see it then, we're starting to see the impact now & now some posters here are slamming Grant Robertson !

B S , What you say this is simply not true, if you add to the unemployment ranks, the people who are on a Job seeker benefit , sickness benefit you would get closer to 8-10% true unemployment, a family member has been on a jobseeker benefit for two years now , does not have to apply for jobs and has been given another year to find a interview let alone a job, discusting but that the Labour dogma, dont hurt the unemployeds feelings or they might have a break down !!

[Joshuatree]

I agree, these people who say the economy is 'stuffed' Imo have no sense of perspective.

Despite the Global Pandemic & 2 catastrophic cyclones, 2 of the only 3 'National States of Emergency' this country has ever had, economists note we have one of the lowest Govt Debts in the world amongst Developed nations.

Our Debt to GDP Ratio though peaking, is no higher (just) than in 2012 following the GFC.

Real Economists from global Credit Agencies give NZ very solid credit ratings due to the way the economy has been managed through the pandemic years.

There was huge support through the pandemic. Businesses were kept afloat & employees in jobs through the pandemic & the domestic economy actually took off.
It's govt's job to smooth out sharp impacts of shocks to the economy, using surpluses & deficits.

Unemployment is at historically low levels.

Inflation trending down.

A number of FTA's were negotiated &/or signed off during the Labour govt. (5 in total from memory. )

Not denying there's huge problems & challenges ahead but let's give some credit where credits due.
Just like after the GFC, the economy is very slowly recovering in a fragile global environment.
It's what this govt does next which is important.


I noted an economist saying recently Nicola Willis intends changing our Nett Debt to GDP ratio (similar to other nations) back to the old Gross Debt to GDP ratio for purely political reasons as will help her dampen spending expectations.

Just about every economist prior to the election said National's numbers don't add up, we could all see it then, we're starting to see the impact now & now some posters here are slamming Grant Robertson !

All true and where have i heard that before , aah yes Joyces black hole spin some years backlit helped lose an election..Here we go again. And Nicola will do anything not to eat pie, stripping back funding every which where, Tobacco is all good again ehh for ex. And luxon has been taking lessons from Teflon Key being as slippery as poss with no portfolio ehh.

[Aaron]

Interesting article in the herald on Saturday, Interview with Grant Robertson.

https://www.nzherald.co.nz/nz/politi...F3WDVA7SM2ONE/

They discuss using things other than the OCR to control inflation such as Don Brashes petrol tax increases or decreases, or adjusting Kiwisaver contributions. I am starting to feel a bit like Seymour in that the govt should get out of the way and let the chips fall where they may.

This was a quote regarding the covid response.

With the Bank doing everything it could to keep interest rates low, asset values, particularly house prices, shot up. REINZ’s measure of New Zealand’s median house price was $612,000 in January 2020. It climbed to $925,000 by November 2021, before finally falling.

Wow a 51% increase in just under two years. The people arguing that land supply constraint is the main issue re house prices might want to re read the figures and have a look at what changed over those two years.

Early in 2020, before Covid arrived, Treasury and the Reserve Bank warned Robertson that should these tools ever be used, there would be uncomfortable distributional side effects, like inflating the price of assets, making the owners of those assets very wealthy, at the expense of non-owners.

So they knew what would happen but went ahead and did it anyway. Grant Robertson has done more to reduce social mobility and increase the wealth gap than any other finance minister in recent history. What a piece of s*it. Good riddance. Now we have Chippy making his "no capital gains tax on my watch" call.

What do labour stand for, why do the unions still support them? They offer nothing for the working man wanting to get ahead, in fact Grant Robertson has managed to raise significant barriers to this ideal. More so than anyone else.

I guess Labour and Greens can fight over the woke warriors vote and we can spend all our time being offended at homophobic slurs.

[Aaron]

For a date farmer he got off pretty lightly over the years on the homophobic slur front. Maybe that is why he has not been pilloried by the left for his outrageous actions against the poor people of NZ, because of his homosexuality.

[Bjauck]

For a date farmer he got off pretty lightly over the years on the homophobic slur front. Maybe that is why he has not been pilloried by the left for his outrageous actions against the poor people of NZ, because of his homosexuality.

Maybe he wasn’t pilloried because the left wanted to prioritise their Treaty partnership and social policies. For that, they needed to remain in office. Introducing higher deposit to house values, a general capital gains tax and other asset taxes would have ruled that out. Rising house prices is a tax free elixir to those that actually turn out to vote.