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notices and features - Date published:
8:38 am, June 9th, 2013 - 11 comments
Categories: 1938 -
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The current rise of populism challenges the way we think about people’s relationship to the economy.We seem to be entering an era of populism, in which leadership in a democracy is based on preferences of the population which do not seem entirely rational nor serving their longer interests. ...
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What a cracker of a read. plus ca change, eh?..Thanks for that. I wonder who “Sheldon” was?
I found it a bit confused and ranty – but yeah – Shedon wears his heart on his sleeve. Amazing how these 1938 issues are still the same today..
Including even the bread advert, which says “Susceptibility to disease can be greatly reduced by the quality of nourishment a child receives,” which is so in sync with food in schools.
It suggests that 3 generations of Kiwis later, we’re still doing something wrong.
He refers to getting superannuation when 60. So it has already been put up once. I really dislike the idea of putting it up to 70. I think that affordability of elder care could be helped in other ways.
Absolutely. If this nation wanted to out of a $200B p.a. economy it could squirrel away another $1B-$2B a year for the Cullen fund. The international banks rip at least that much out of this country on an annual basis, let alone the energy companies and other infrastructure providers.
Also, there’s the universal minimum income mate, that’ll sort things good.
Yep, a Universal Income would sort things out quite nicely but National don’t like it because people would no longer have to work for others (i.e, be employed) and so rich people would a) have to actually work and produce wealth and b) slowly lose their accumulation of money.
It has to be done: that fiat/electronic “money” has to be turned into societal wealth while there is still time.
Actually, he’s mostly pointing out that some people shouldn’t get superannuation in the current economic climate (1930s) because they already have enough, i.e, means testing. He then references insurance as a similar practice. Those people who don’t have fires are subsidising those who do and the same would be true of those people who don’t get superannuation, because they don’t need it, subsidising those who do need it.
And, yes, the age of eligibility for superannuation has already been put up once before by, IIRC, the 4th Labour government.
So by Labour. How awfully amusing literally.
That is a very choice selection from the bread of life.