Significant parts of the economy are currently on hold. Sure - the supermarkets are still selling milk, but nobody in their right mind would start a new housing project without knowing whether they perhaps miss out some subsidies the new government might come up with. Companies are holding back investments for the same reasons and might be as well very careful to make new employment commitments until they know whether they are later on able to control their employment cost (remembers Winnie's crazy minimum wage or as well Labours ideas of empowering the unions).
Turn it like you will - uncertainty creates lost opportunity cost. We all will pay for them.
Well said. Any large project that could potentially be affected by how this coin toss turns out is quite possibly currently on hold.
Last edited by Beagle; 16-10-2017 at 05:09 PM.
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
Ok that market is all over the shop. I just got matched on Labour at 2.22 for not a little amount. So from Labour a $10 shot 3 hours ago to now matched at $2.22, I do not think anyone knows anything.
Ok that market is all over the shop. I just got matched on Labour at 2.22 for not a little amount. So from Labour a $10 shot 3 hours ago to now matched at $2.22, I do not think anyone knows anything.
Aww - how sweet. Sounding just like a Labour supporter backing jacinda
LOL Beagle's are cute and harmless to anyone unless sorely provoked, on the other hand...
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
NZ First leader Winston Peters said Key was trying to keep the public in ignorance over the TPP.
"But New Zealanders deserve to know what rights are being negotiated away by this government," he said.
"The prime minister is misleading when he says the public will have the chance to have their say on the content of the TPP during the select committee process.
"They will have their say over the associated legislation that New Zealand will have to implement to agree to the terms of the TPP.
"But they will not get a say on the text of the treaty as that will have already been ratified by Cabinet."
The irony is that when the tables are turned...
Don't New Zealanders deserve to know what is being negotiated away by the main parties
Isn't this misleading that the public will be able to have their say about the policies in the next term of government
That they won't get their say over the legislation and policies as they will already been ratified by the coalition?
Last edited by Rep; 16-10-2017 at 07:58 PM.
Reason: spelling
NZ First leader Winston Peters said Key was trying to keep the public in ignorance over the TPP.
"But New Zealanders deserve to know what rights are being negotiated away by this government," he said.
"The prime minister is misleading when he says the public will have the chance to have their say on the content of the TPP during the select committee process.
"They will have their say over the associated legislation that New Zealand will have to implement to agree to the terms of the TPP.
"But they will not get a say on the text of the treaty as that will have already been ratified by Cabinet."
The irony is that when the tables are turned...
Don't New Zealanders deserve to know what is being negotiated away by the main parties
Isn't this misleading that the public will be able to have their say about the policies in the next term of government
That they won't get their say over the legislation and policies as they will already been ratified by the coalition?
Precisely, it's a farce, the anathema of democracy, but the public seem to have no idea they're being shafted either which way they vote. MMP is really screwed up, it's a system that creates winners from losers and deny's the democratic process and popular opinion which in itself beggars belief.
Originally Posted by BlackPeter
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