web analytics
The Standard

Choices choices

Written By: - Date published: 8:30 pm, May 12th, 2011 - 40 comments
Categories: Economy, labour, national - Tags: , , ,

Watch Jacinda Ardern clean up Jamie-Lee Ross on Breakfast this morning. Nearly half of the National Government’s much-quoted borrowing of $300 million a week is to pay for their tax cuts. That was this government’s choice. Now their choice is that everyone else has to pay for it.

40 comments on “Choices choices”

  1. Uncle Helen 1

    $300 million a week is to pay for their tax cuts.

    Translating socialist drivel into English:

    “To pay the welfare costs of the Labour-voting parasites who simply will not contribute to society.”

    • Lanthanide 1.1

      Yip, all the people on benefits, including superannuation, don’t contribute anything to society at all. Our economy and country would be so much better off if all just vanished.

      Idiot.

    • UH

      You are a parasitic imbecille.  You understand nothing.  Your comprehension of reality is that poor that you think that your comments are relevant.

      Please go away and gain some intelligence and then come back and make a comment.  And please choose a better name.  HC was a wonderful leader and your insulting caricature is degrading of her and indicative of how stupid you are.

      • joe bloggs 1.2.1

        One could say the same to you MickeyS.

        Poor Michael Joseph Savage, also known as Pinwheel Mick – due to the way he keeps turning in his grave after some sycophantic twat parodies his name…

    • calltoaccount 1.3

      Nice to see you acknowledge the existence of a “society” UC. Some of your favourite leaders wouldn’t even accept that … “”There’s no such thing as society.”

      Be better if you removed yourself from this one, troll.

    • Colonial Viper 1.4

      “To pay the welfare costs of the Labour-voting parasites who simply will not contribute to society.”

      yeah and those Labour voting parasites are going to vote your sorry ass out 😀

      • chris73 1.4.1

        Yes they will because thats the nature of NZ politics, do you want National or Labour? All you have to do is wait a maximum of three terms (sometimes less) and the parties swop around

    • Morrissey 1.5

      Idiot.

  2. Herodotus 2

    Something wrong with the numbers here “..Nearly half of the National Government’s much-quoted borrowing of $300 million a week is to pay for their tax cuts..” The tax cuts did not value at $7.8b. On your link Jacinda commented that it was $2.5b. Someone has it wrong. I put my money on you sorry Mike- Jacinda delivers her message in a more compelling manner !!!

    • Part of the problem appears to be this statement from John Key earlier in the week:

      The Government would borrow $20b this year. That is more than needed, but Key said the Government was taking advantage of favourable market conditions. ”On a weekly basis, that averages out to new debt of $380m a week. That … increase in debt is absolutely unaffordable,” he said.

      In other words he seems to be borrowing more than he needs just because he’s getting a good interest rate (or something), so the borrowing programme seems to have long since stripped the gears that would normally connect it to reality.

      Who in their right mind borrows more than they need, and then bitches about how indebted the country is?

      • Olwyn 2.1.1

        According to David Cunliffe on Red Alert they are doing some of next years borrowing now so that they can say next year that things are improving and we are borrowing less:

        http://blog.labour.org.nz/index.php/2011/05/11/budget-faqs/

        • Interesting idea. Let’s say they borrow an extra $1 billion they don’t currently need at the effective 5.5% Treasury rate; that’s going to stick us with a $55 million interest bill to have the money sitting in an account unused for a year, at a time when government revenues are falling.

          It’s becoming almost impossible to parody these morons.

          • Herodotus 2.1.1.1.1

            Over borrowing does work Ask the Japanese worker or Belgium dentist who borrows then ships this money to NZ at greather rates than what they borrow. ref the cash and carry trade.
            I await the headline. NZ govt has greater liquidity, yet there is a neutral result in NZ inc balance sheet. The wisdom of having someone with some financial skills, that we have perviously been lacking in 😉

            • There is, of course, no evidence that Bill and John are displaying anything like the financial acumen of a Belgian dentist. Bringing forward a debt obligation will simply cost more in interest costs with no proof that the money is being invested in a way that offsets these costs.

              • Herodotus

                If as per D Cunliff about 1/2 of the $300m is to refinace debt. then $150m/week is to cover cashflow deficits = $8b. Excluding investment gains from ACC, NZSF which are not cash items and I imagine are positive. I am lost as to how we have a operating deficit of $16b, borrow $8b so how was the other $8b financed? or is this a future liability e.g. Cant E/Q and so we are only borrowing $8b p.a. in reality and govt net debt is only increasing by 4% p.a with GDP.

  3. Lazy Susan 3

    This is the first time I’ve seen Jacinda – very impressive. The double-speak out of National continues – they want to “boost saving” so propose to remove incentives to save – what the f…

    Their transferance of wealth from the many to the few continues. People will wake up at some point and realise that they have been conned by these carpet baggers. I hope it’s before they gain a second term as that is when the real damage will be done. One thing I am certain of is that Key will not see out a second term – he’s too worried about his legacy and as much said so in an interview last week on National Radio.

    • Deadly_NZ 3.1

      Legacy??? Lets see A Clownish, Narcissistic, Pathological liar with a God like fantasy. Should not be allowed out with out a mirror, photographers, and diplomatic squad. In wrap around sunglasses,and ear pieces with hidden microphones, running after him to show him how important he is. Beware Highly dangerous especially in company of his ilk and beyond.

  4. Irascible 4

    Interestingly the demand for foodbank assistance (Eastern Courier story) has risen in Howick, part of the Botany electorate, under Jammy’s stewardship. Not a good look if he was a responsible MP but in keeping with his adoration of Key’s policy of creating the society that makes poverty a life style choice.

  5. Georgecom 5

    Good to see Ross pinned on the point that somehow ‘borrowing to boost savings’ is worse than ‘borrowing to pay for tax cuts’. When it comes to fiscal matters it seems more and more that with this government that the truth doesn’t matter so much.

  6. ianmac 6

    What a confident compelling speaker is Jacinda. Jamie looks smug and closed. Jacinda looks open and intelligent. Expect to see her in cabinet after November.

    • Lanthanide 6.1

      JLR comes across as a smarmy and entitled twerp. He’s very precise when it comes to repeating the National Party line, as evidenced in this interview.

      There was also a really funny point in the Botany by-election leaders debate when Penny Bright completely and utterly embarrassed him by saying that National now refer to ‘privitisation’ as ‘mixed ownership’. JLR got up next and rattled off his spiel… about how ‘mixed ownership’ would save the day.

      The whole thing is worth watching, but Penny’s specific comments start at 0:27, and JLR at 2:35

  7. Olwyn 7

    I am very impressed by Jacinta. She has a warm, natural manner and is attentive, articulate and on target.

    • adriank 7.1

      It doesn’t hurt that she’s fairly attractive too!

      • Colonial Viper 7.1.1

        Fairly? Very! :)

        • Herodotus 7.1.1.1

          Still CV pity her spin does not add up, like her opposition all they are doing it appears is read cue cards and regurgitate what the spin drs tell them. Keep on message and turn the brain off. I hear she may be a shinning star she had better tighten up on her maths. But J.A. is not the only one.

          • Pascal's bookie 7.1.1.1.1

            I can’t really be arsed checking, but if you work out what the shortfall is in the supposedly neutral tax package, you’ll find out how much the income tax cuts cost in terms of borrowing.

        • chris73 7.1.1.2

          Needs to sort those teeth out though (only mentioning it because others bought her looks up)

  8. Betty 8

    Jamie-Lee’s heroes are Ronald Regan and Margaret Thatcher. He’s a dinosaur in a young person suit. National are in trouble if this is their future talent.

  9. ieuan 9

    All Jamie-Lee Ross had to say was ‘We bought in tax cuts to stimulate the economy, in a recession we don’t want to reverse these. Long term savings are good but right now is not a good time to be borrowing to save.’

    That would have been better than the waffle that he came up with.

    Disclaimer: I don’t believe that tax cuts stimulate the economy – the clear evidence is they don’t and Nationals economic strategy (if they have one) is a joke.

  10. NeoConservative_Provocateur 10

    I would like to offer my humble apologies for the standard of neoconservative provocation exhibited by ‘Uncle Helen’.

    I am all for robust democratic debate within commonly accepted conventions of logic, rhetoric, and fair play – but I have admit that he (or she) was not being constructive, or even humorous.

    Unfortunately, it may be a foretaste of what is to come during this election.

  11. simpleton 11

    I almost nearly met her once. But I still want to see her get the best of Simon Bridges. That west Auckland education is good for being combative though…

    Jami Lee reminds me of what a Golem from Terry Pratchet might look like if the paper in it’s head said ” borrowing bad. Kiwisaver cuts good”.

  12. SBW 12

    Jacinda screws up her maths. She states that the Govt gave out $2.4b in tax cuts (ignoring the fact that there were other changes to taxation which made the net effect neutral), and then says that it is costing $130m per week. That works out to be $6.76b per annum. Fail Jacinda.

    • Herodotus 12.1

      Yes SBW Icommented regarding this with Mike Smiths headline for this comment 2. Yet not one person picked it up. Do we have a govt that is making poor choices or others that are unable to deal with simple division and cross check this with the 52 times table? Perhaps Nat have got it right by intro Nat Stds !!!
      Pity that the message is far more important than being factual.
      I thoughtthat some connected to the site in an official capacity would have at least made the correction to the post and pointed out Jacinda’s error. Just as many here have pointed out to (Wellington Central ????? MP) JLR reading off script the same can also be said from J.A. !!!
      Warning Sarcasm has been used in some places!!!

    • Colonial Viper 12.2

      (ignoring the fact that there were other changes to taxation which made the net effect neutral

      The net effect was neutral?

      Not if you are Bill English’s household, where the net effect was +$400 or so a week! And not if you are John Key’s household, where the net effect was +$1000 or more a week!

      So, tell me again which part of this tax change was “neutral”?

      Because to me, if the rich pricks are getting way more, someone else must be getting way less.

      Maybe you can’t do your sums eh.

    • Tangled up in blue 12.3

      What other changes to taxation made the effect neutral?

  13. Morrissey 13

    Note how Jamie-Lee Ross doesn’t talk about “people”, he says “New Zealanders”. He’s following the practice of his Dear Leader, who slips it into nearly every sentence he utters—along with “opportunity” and “aspirational”.

    This pernicious practice was started as a conscious strategy under Bill Clinton’s odious administration. Clinton started talking about “the American people” instead of “people”, and it was taken up by Bob Dole and Bush Jr. Barack Obama, the black version of Clinton, also uses the phrase pitilessly.

    Shame on all of these these shallow, programmed, coiffured morons.

  14. Mike 14

    Uncle Helen – what a silly thing to say. This govt borrows a billion a month to pay for the ever increasing numbers on the dole (the only thing this govt seems to be able to produce) – Key is a do nothing – no ideas leader taking us closer and closer to the likes of Ireland and Iceland

Recent Comments

Recent Posts

  • Hospital food plan hits another snag
    The Government has been left with egg on its face with Hawke’s Bay District Health Board today giving a plan to outsource hospital food services the thumbs down, Labour’s Health spokesperson Annette King says. “Doing away with local kitchens by… ...
    11 hours ago
  • Hospital food plan hits another sang
    The Government has been left with egg on its face with Hawke’s Bay District Health Board today giving a plan to outsource hospital food services the thumbs down, Labour’s Health spokesperson Annette King says. “Doing away with local kitchens by… ...
    12 hours ago
  • Wilkinson appointment wrong in principle
    The appointment of former Conservation Minister Hon Kate Wilkinson as an Environment Commissioner is wrong in principle, says Labour’s Shadow Attorney-General David Parker. “The doctrine of separation of powers requires judicial processes to remain separate and independent from the legislature… ...
    13 hours ago
  • McCully doesn’t deny bribe in Saudi sheep scandal
    “In Parliament today I asked Murray McCully directly: Why is he the first Minister in history to back a multi-million dollar facilitation arrangement which in other jurisdictions is called a bribe? says Labour’s Export Growth and Trade spokesperson David Parker.… ...
    13 hours ago
  • National must back our future doctors
    National must support our future doctors and agree to the calls from the Medical Students’ Association and the Young Nats to lift the arbitrary 7 year cap on student loans for medical and dental students, Labour’s Tertiary Education Spokesperson David… ...
    13 hours ago
  • Taxpayer the loser after Government folds
    Steven Joyce today admitted the main exhibition hall at the New Zealand International Convention Centre is 19 per cent smaller than what was described at the time other bidders were edged out of the process, Labour’s Economic Development spokesperson David… ...
    14 hours ago
  • Govt’s lack of ambition for women
    Yesterday, the Government put out a media release entitled “Number of women leaders continues to grow”. It was to inform us that the percentage of women on state-appointed boards has increased to 41.7%, up from 41.1% in 2013. Well, woo-hoo… ...
    GreensBy Jan Logie MP
    16 hours ago
  • Auditor-General exposes Key’s scapegoating of Council
    The National Government's blaming of Auckland Council for the city’s housing crisis has been exposed as scapegoating in the Office of the Auditor-General’s latest report, Labour’s Housing spokesperson Phil Twyford says. “The Auditor-General says Auckland Council’s part in fixing the… ...
    18 hours ago
  • Reform – not money – needed for meat sector
    The National Government continues to throw good money after bad at the meat industry instead of addressing the fundamental problem of its dysfunctional structure, Labour’s Primary Industries spokesperson Damien O’Connor says. “The latest Primary Growth Partnership grant to the venison… ...
    18 hours ago
  • Government cuts corners on school bus funding
    The safety of children – not cost cutting – should be the main objective behind the Government’s funding of school buses, Labour’s Education spokesperson Chris Hipkins says. “Buried in the detail of this year’s Budget are $19 million of funding… ...
    18 hours ago
  • Women the losers under National’s cuts
    National’s poor performance in appointing women to state sector boards is set to get worse with funding cuts to the nomination service provided by the Ministry for Women, Labour’s Woman’s Affairs spokesperson Sue Moroney says. “Minister for Women Louise Upston… ...
    18 hours ago
  • Help sought by agencies now asked to help
    The organisation Social Development Minister Anne Tolley has tasked with setting up an emergency hotline for stranded Relationships Aotearoa clients has just lost a bid for a government contract to launch a new national helpline, Labour’s Acting Social Development spokesperson… ...
    18 hours ago
  • Wellington got loud again on climate
    On Monday night, in Wellington, I attended the last of the Government’s climate target consultation meetings. It was quite well attended with maybe 150 people, not bad for a second meeting with very little notice and, as far as I… ...
    GreensBy Jan Logie MP
    21 hours ago
  • Final nail in coffin for Solid Energy workers
    Today’s confirmation of job losses at Solid Energy’s Stockton and Spring Creek mines shows the urgent need for new economic opportunities on the West Coast, Labour’s MP for West Coast-Tasman Damien O’Connor says. “Our economy can no longer rely on… ...
    2 days ago
  • Ramadi proves Iraq deployment high risk, low benefit
    The fall of Ramadi and the collapse of the Iraqi Army proves Labour was right to be concerned about the deployment of our troops to Iraq, Labour’s Defence spokesperson Phil Goff says. “The fall of Ramadi brings IS fighters within… ...
    2 days ago
  • English admits new taxes on the cards
    Eight months after pledging “no new taxes” at the election Bill English today admitted he would bring in more sneaky taxes along the lines of the border tax, says Labour’s Finance spokesperson Grant Robertson. “Not only did National bring in… ...
    2 days ago
  • What the Dickens is going on at SDHB?
    Problems at the financially-strapped Southern District Health Board appear to stretch to its HR department with information obtained by Labour showing it still records staff leave entitlements using manual book-keeping methods. “The Board’s draft 10-year plan document forecasts a cumulative… ...
    2 days ago
  • Teachers turn backs on new professional body
      The fact that just 56 per cent of nominations for the Education Council came from registered teachers shows the profession has turned its back on Hekia Parata’s new professional body, Labour’s Education spokesperson Chris Hipkins says. “Answers to written… ...
    2 days ago
  • No spade work done on big building plan
      Only a quarter of the 500 hectares of Crown land the Government wants to use for new homes is understood to be suitable for building on, Labour’s Housing spokesperson Phil Twyford says. “This was National’s bold new idea to… ...
    2 days ago
  • National: Seven KiwiSaver cuts in seven years
    National’s campaign of KiwiSaver cuts has reached seven in seven years as it dismantles KiwiSaver block by block, Labour Leader Andrew Little says. “KiwiSaver is critical to establishing a savings culture in New Zealand but National has taken a jenga-style… ...
    2 days ago
  • Tolley’s actions contradict reassurances
    Social Development Minister Anne Tolley has serious questions to answer following the forced closure of Relationships Aotearoa just days after her reassurances she was looking at ways to keep the service operating, Labour’s Acting Social Development spokesperson Annette King says.… ...
    2 days ago
  • SkyCity downsize another broken promise
    The downsized SkyCity Convention Centre does not deliver on the promised iconic world-class centre and shows the true extent of Steven Joyce’s incompetence, Labour Leader Andrew Little said today. “New Zealanders were promised an iconic world-class convention centre that would… ...
    2 days ago
  • Te Arawa partnership model a step closer
    Councils around New Zealand have an opportunity to improve their consultation with Iwi Māori by following Rotorua District Council’s Te Arawa Partnership Model, Labour’s Māori Development spokesperson Nanaia Mahuta says. “The Rotorua District Council will today decide whether to adopt… ...
    2 days ago
  • Labour mourns Dame Dorothy Fraser
    Labour Leader Andrew Little said the party is today mourning the loss of the youngest person to join the Labour Party, Dame Dorothy Fraser, who went on to be a stalwart of the Dunedin community and tireless worker for others.… ...
    3 days ago
  • The ultimate scapegoat: PM blames fruit fly for new tax
    The Prime Minister has found the ultimate scapegoat for breaking his promise not to introduce a new tax – the Queensland fruit fly, Labour’s Biosecurity spokesperson Damien O’Connor says. “John Key’s first policy upon taking office and assigning himself the… ...
    3 days ago
  • How many victims missing out on protection?
    Hundreds of domestic abuse victims could be missing out on getting protection orders because they are unable to get legal aid, Labour’s Justice spokesperson Jacinda Ardern says.“In the last two years some 351 people who applied for legal aid for… ...
    4 days ago
  • Government kicks hardworking whanau
    A major incentive to help young Kiwis and people on low incomes to start saving has been kicked out from under them with the National-led Government ramming through short-sighted legislation under Urgency today, Labour’s Maori Development Spokesperson Nanaia Mahuta says.… ...
    4 days ago
  • Speculator tax political stunt gone wrong
    Bill English’s admission he doesn’t know whether National’s new speculator tax will have any effect shows last weekend’s announcement by the Prime Minister was a desperate political stunt, says Labour’s Housing spokesperson Phil Twyford. “This Government is so desperate to… ...
    5 days ago
  • The value of parenting
    This week, as part of the Budget, the government introduced a bill to address child poverty. This bill will require parents receiving income support to look for part-time work once their youngest child is three years of age rather than… ...
    GreensBy Jan Logie MP
    5 days ago
  • Another new tax, another broken promise
    National has unveiled yet another new tax in this budget – a rural broadband levy that will almost certainly result in an immediate price hike for internet and telephone connections across New Zealand, Labour’s ICT spokesperson Clare Curran said “The… ...
    6 days ago
  • Anniversary of Sri Lankan Tamil Massacre
    This is not going to be a happy story but if the Green Party of Aotearoa doesn’t want to know who else will? May 18th marks the anniversary of what is known as the ‘Mullivaikal massacre’ of Tamils in 2009 at… ...
    GreensBy Catherine Delahunty MP
    6 days ago
  • Labour MPs join youth to take part in 40 hour famine
    A team of Labour MPs took part in the 2015 World Vision 40 hour famine and we were told by World Vision and the young people, that it was the first time MPs had joined them and how appreciative they… ...
    6 days ago
  • Rodeo: ‘Family entertainment’ or animal abuse?
    Recently  TVNZ ran a story with confronting footage showing rodeo animals being punched, repeatedly shocked with electronic prods and having their tails violently twisted over their backs. It was clear that significant force was being used behind the scenes to make… ...
    GreensBy Mojo Mathers MP
    6 days ago
  • Budget puts the squeeze on police
    The Government has cut funding to the New Zealand police force in the latest Budget, says Labour’s Police spokesperson Kelvin Davis. “The reduction is a whopping $15.3 million that could put front line officers at risk. ...
    6 days ago
  • Crucial social services take another hit
    The Government looks set to slash half a million dollars of funding for critical social services, including Women’s Refuge and Barnados, says Labour’s Social Development spokesperson Carmel Sepuloni “Taking $500,000 from organisations aimed at improving the lives of vulnerable families… ...
    6 days ago
  • Saying it Loud on Climate in Christchurch
    The Government’s Christchurch consultation meeting on New Zealand’s emission targets was inspiring – not for what was in the Ministry for the Environment’s (MFE’s) defeatist video about the obstacles to changing to a low carbon future, but for what the… ...
    GreensBy Eugenie Sage MP
    6 days ago
  • Budget silent on small business
    The Government has completely ignored one of the most important sectors of the economy – small and medium-sized enterprises – in Budget 2015, Labour’s Small Business spokesperson Jacinda Ardern says. "A stunning 41 per cent of jobs were created by… ...
    6 days ago
  • Thank you John, it’s been bloody marvellous
    The departure of John Campbell is a blow to current affairs investigative journalism, Labour’s Broadcasting Spokesperson Clare Curran says. “Campbell Live stood out in its field. Its axing comes as local broadcasting in New Zealand remains in a state of… ...
    6 days ago
  • KiwiSaver cut shows no long-term plan
    National’s cutting of the KiwiSaver kickstart is incredibly short-term thinking, typical of a Budget that is woefully short on ideas to generate wealth and opportunity, Labour’s Finance spokesperson Grant Robertson says. “New Zealand’s savings rate is far too low. KiwiSaver… ...
    6 days ago
  • National hits the panic button for its 7th Budget
    National has hit the panic button for its 7th Budget in a desperate attempt to look like they’re taking action to reduce our shameful child poverty rates, but they are giving with one hand and taking with the other, Opposition… ...
    7 days ago
  • Panic and back-flips can’t hide twin deficits
    National’s token measures to fight fires they have left burning for seven long years can’t hide a Budget that is long on broken promises, short on vision and fails to reach surplus, says Labour’s Finance spokesperson Grant Robertson. “After being… ...
    7 days ago
  • Auckland land measure seven years too late
    National are so desperate to look like they are doing something about the Auckland housing crisis they have dusted off Labour’s 2008 inventory of government land available for housing and re-announced it, says Labour’s housing spokesperson Phil Twyford. “Despite National… ...
    7 days ago
  • Access to gender reassignment surgery essential
    I was frankly disgusted to hear the Minister for Health say that funding gender reassignment surgeries is a “nutty idea”. A recent study found that in New Zealand 1% of young people identified themselves as transgender, and 3% were unsure… ...
    GreensBy Jan Logie MP
    1 week ago
  • Global milk prices now lowest in 6 years
    The latest fall in the global dairy price has brought it to the lowest level in six years and shows there must be meaningful action in tomorrow’s Budget to diversify the economy, says Labour’s Finance spokesperson Grant Robertson. “Dairy prices… ...
    1 week ago
  • Big risks as CYF checks stopped
    Revelations that Child, Youth and Family is no longer assisting home-based early childhood educators by vetting potential employees should set alarm bells ringing, Labour Children’s spokesperson Jacinda Ardern says. “Doing away with an extra mechanism for checking potential new employees… ...
    1 week ago
  • Housing crisis about real people not numbers
    The Government’s continued failure to tackle the housing crisis is seeing thousands of vulnerable Kiwis being kept off social housing waiting lists, while others, who are on the list, are being forced to live in cars and garages, says Labour’s… ...
    1 week ago
  • Housing crisis about real people not numbers
    The Government’s continued failure to tackle the housing crisis is seeing thousands of vulnerable Kiwis being kept off social housing waiting lists, while others, who are on the list, are being forced to live in cars and garages, says Labour’s… ...
    1 week ago
  • State of origin
    Kiwis are increasingly concerned about the food they give their families. New Zealand consumers have the right to know where their food has come from, particularly when it involves animals, and should be able to expect our Government to label… ...
    GreensBy Steffan Browning MP
    1 week ago
  • Relationships Aotearoa
    It is disturbing that Relationships Aotearoa, a voluntary organisation set up in 1949 to help couples struggling with their relationships following the upheavals of World War II, may be forced to close, says Acting Spokesperson for the Voluntary and Community… ...
    1 week ago
  • An economy that is just working for some is an economy that is not working
    The National Party presents itself as a great manager of the economy, but if the economy is only working for some we really need to question that assertion. Alongside the perpetually elusive surplus, the levels of risk in our economy are… ...
    GreensBy Jan Logie MP
    1 week ago

Public service advertisements by The Standard

Current CO2 level in the atmosphere