Labour / NZ First Government

[jonu]

Try this:
https://www.scoop.co.nz/stories/BU20...of-failure.htm

The scary thing is, it's not even satire....it's true! Well maybe not the bit about the economist's head exploding, I'll grant some artistic license there.

Here's what I see as Labour's unfixable (in the short to medium term) problem. They have perhaps 4-5 capable to semi-capable Ministers. Robertson, Woods, Hipkins, and maybe Parker and Faafoi. Little is entirely out of his depth and a danger to the very fabric of our judicial system.

Ardern is an excellent mouth piece and nothing more. She can parrot policy all day long....just don't expect her to develop or implement any.

When you have a leader who is effectively a very good Press Secretary, you can only paper over the cracks for so long.

[fungus pudding]

The scary thing is, it's not even satire....it's true! Well maybe not the bit about the economist's head exploding, I'll grant some artistic license there.

Here's what I see as Labour's unfixable (in the short to medium term) problem. They have perhaps 4-5 capable to semi-capable Ministers. Robertson, Woods, Hipkins, and maybe Parker and Faafoi. Little is entirely out of his depth and a danger to the very fabric of our judicial system.

Ardern is an excellent mouth piece and nothing more. She can parrot policy all day long....just don't expect her to develop or implement any.

When you have a leader who is effectively a very good Press Secretary, you can only paper over the cracks for so long.

Well said, although I wouldn't place Parker even on the maybe list. He's a dismal complete no-hoper. Sepuloni is ok, and Nash sometimes makes a bit of sense.

[Zaphod]

Labour's latest ideological burps include:
* Minimum wage to move beyond the $20/hr planned for April
* Fair Pay agreements (aka national awards) to be implemented
* 10 days sick leave per year to be legislated within the first 100 days.

[fungus pudding]

Labour's latest ideological burps include:
* Minimum wage to move beyond the $20/hr planned for April
* Fair Pay agreements (aka national awards) to be implemented
* 10 days sick leave per year to be legislated within the first 100 days.

Yes. Absolutely brilliant policies and with such impeccable timing. It should put a few of those rich-prick, bloated capitalist business owners into early retirement.

[porkandpuha]

Labour's latest ideological burps include:
* Minimum wage to move beyond the $20/hr planned for April
* Fair Pay agreements (aka national awards) to be implemented
* 10 days sick leave per year to be legislated within the first 100 days.

A 5k pay rise for a min wage 40 hour worker, and an extra week off on top of the 7+ weeks an employee currently gets. $8.50 coffees anyone?

[Panda-NZ-]

Well, It might help to raise revenue and hence take on less of that scary debt (1% fixed interest owned by our own rbnz) since these workers seem to be the only ones who pay tax.

The "kids 'an grandkids" should be paid more -> so more tax -> less debt. Simple stuff imo.

[jonu]

Well, It might help to raise revenue and hence take on less of that scary debt (1% fixed interest owned by our own rbnz) since these workers seem to be the only ones who pay tax.

The kids 'an grandkids should be paid more -> so more tax -> less debt.

So inflate our way out of debt is your recommendation? I'm guessing you're not alone in that. At some point we will see rampant inflation in response to the money printing. We are already seeing it to some extent in asset prices and the price of gold. The ones to carry the can in NZ will be Labour's supposed constituents. More money in their pay packet won't bring extra purchasing power for them.

[Panda-NZ-]

So inflate our way out of debt is your recommendation? I'm guessing you're not alone in that. At some point we will see rampant inflation in response to the money printing. We are already seeing it to some extent in asset prices and the price of gold. The ones to carry the can in NZ will be Labour's supposed constituents. More money in their pay packet won't bring extra purchasing power for them.

There won't be rampant inflation because most of it is replacing lost sales and wages like it did in the gfc. No inflation then either but the opposite problems really.

[jonu]

There won't be rampant inflation because most of it is replacing lost sales and wages like it did in the gfc. No inflation then either but the opposite problems really.

When governments create and give money away for nothing at some point it will devalue its currency. Reserve Banks the world over will be counting on inflation kicking in while trying to maintain low interest rates, and as a side effect, shrink the value of the debt.

[jonu]

This is what happens when government is more concerned with power games and asserting its influence rather than doing the job for which it exists.

https://www.stuff.co.nz/environment/...ive-bush-block