web analytics

Four years of failed promises

Written By: - Date published: 2:57 pm, May 22nd, 2012 - 22 comments
Categories: bill english, budget2012, john key, labour - Tags:

Labour has published its budget website and a video ripping John Key’s record of broken promises.

Right now, John Key is simultaneously blaming Labour for the recession and making excuses for the dismal economic performance of his government by blaming the world economy.

And Bill English is saying that borrowing and growth hasn’t been far out of line with previous Budgets’ projections.

It’s like they’re operating in a parallel universe.

22 comments on “Four years of failed promises”

  1. RedLogix 1

    I wanna believe anything that nice Mr ‘Ambitious for New Zealand’ Key tells me…

  2. Eddie 2

    My only question is why they didn’t make the video’s soundtrack dubstep.

  3. marsman 3

    Performance Pay for the Treasury Mandarins…..peanuts is all they deserve. As for Bill English and slime on legs John Key……lots of rotten tomatoes wherever they show their smirking mugs.

  4. captain hook 4

    the promises we’ll never know about are the share parcels and concessions they have promised to their mates.

  5. Bored 5

    Nice video, shame about the song. What I mean here is that its too easy to say you would “manage” the great recession better BUT hey anybody can “manage”. Labour actually need to get with the real economic issues of today and have a plan to do the hard things. Cunliffe seems to have been muzzled, everybody else is still stuck being neo-lib managerialists listening to flawed economists and Treasury.

    So what is Labour going to do? Be better at following useless remedies?

    • Dr Terry 5.1

      What Labour had best do is make room for the Greens. At least, they could be working now toward coalition, but only if Labour stops moving in neo-liberal directions. I would like to know if Labour’s best member, Cunliffe, is really being gagged?

    • adam 5.2

      Have to agree with the imposition of the neo-liberal agenda in that there are too many apologists in the Labour Party that won’t change much. Until such time as we stop making stupid FTA’s and start making stuff here and protecting those jobs here, nothing much will change. R&D jobs and new technology jobs that Josie Pagani goes on endlessly about on National Radio will always be just lip service until our manufacturing sector is protected again so that significant amounts of jobs can be created here with import restrictions and quotos the protecting facility on imported rubbish from China.

  6. Sam Hall 6

    The IMF (urrgh) have advised the UK that the country is in trouble.

    • Colonial Viper 6.1

      Giving more public money to the bankers while removing regulations safeguarding their behaviour and bonuses should help.

      • SpaceMonkey 6.1.1

        Definitely! They are the “Masters of the Universe”… “doing God’s work” after all! The problem is the City of London. It has always been a pirate haven… the Lehman collapse, MF Global scam and JP Morgan’s $3billion-and-still-counting trade loss all happened through London. As Ben Kenobi once said: “you will never find a more wretched hive of scum and villany”.

    • rosy 6.2

      Well it looks as if Key and English have just become yesterday’s men. Growth is all the rage now

      Nick Clegg has signalled that the coalition has plans for a “massive” increase in state-backed infrastructure investment but denied that the fresh emphasis on growth represented a “plan B”.

      The deputy prime minister said instructions had been issued to the Treasury setting out the government’s plan to use its balance sheet to inject credit into the economy, with a “massive” increase in housing and infrastructure and schemes to reduce youth unemployment in a new emphasis on growth.

      The Lib Dem’s comments seemed to chime with a call from the International Monetary Fund to the UK to look at fuelling infrastructure funding or cutting VAT or national insurance if the economic situation worsened…
      …Clegg admitted the use of state balance sheets to assume additional risks on major schemes was not popular with all Treasury officials.

  7. With John key’s background in banking and his knowledge of what is really happening in the global finance world the “promises” were more like Lies, lies and more lies just like he lied about Transrail, Lord Ashcroft and our downgrade to name a few.

  8. Dr Terry 8

    I fear that the man is actually a compulsive liar.

    • aerobubble 8.1

      Please. What was his day job? He brought low, to sell high. He ‘talked’ people into backing him to invest their money, and to become so successful he had to have seen when a opportunity was undervalued, or overvalued. His whole career was a fiscal politician.

      That’s what’s so stunning about his big policies. Raise GST, lower top tax rates for individuals and businesses, shift the burden on the middle classes from the rich. Let’s call it stage one. Help out the overwhelming private debt problem in NZ by shifting the books into the negative and bailing out debtor NZ, then the second stage as banks deleverage put more collateral into the NZ economy. Sell assets. So the people worst off under Key are pensions (aka why Winston is back) and everyone or anyone will positive finances (savings). So Key is designed to help the property developers deleveraging landing very soft indeed., even if it means not addressing the capital farming problem beseting the NZ economy.

      So he is the right man for the job, used second hand investment salesman, who takes existing profit centers and gives them a nice gloss over to raise the price. Well the right man for the job if you have sold your soul to debt, and impoverishing future NZ unnecessarily.

  9. SpaceMonkey 9

    Surely everyone knows by now that, with John Key, numbers are just aspirational.

    • Jackal 9.1

      Sackur: Yeah but it’s a number, it’s based on research, it’s not an opinion plucked from the air.

      Key: It’s one number, and like all of our projections, I can provide you with another one that will give you a counterview.

  10. freedom 10

    Mr English told reporters the theme of tomorrow’s budget is “confidence is uncertain times,”

    i’ve read the line a hundred times and he is channeling Nietzsche or ate some bad sausage rolls

    http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=10807836

  11. Georgecom 11

    English writes the 2009 budget speech, he dusts it off in 2010 and changes the dates, he dusts it off in 2011 and changes the dates, he dusts it off in 2012 and changes the dates.

    4 years of budget speeches, same over promise, same under deliver, just different dates.

    On the news today Key was telling us it was Labours fault, then the global economy. Anybodys fault but his government.

    1. When will he actually admit that it is all too difficult for his government rather than blaming others?

    2. Why is it that despite the full resources of the state, Bill English is unable to get a budget forecast correct?

  12. Ad 12

    I like the presentation.

    Just seriously wishes Shearer hadn’t given up two weeks of media to other parties, and on the night before budget, when you should be launching everything you have at them, he just stuck his head up hit bum on the Shane Jones matter and let the story poo all over himself.

    The net outcome is that Shearer has gone from “can’t manage one weekend of The Nation”, to another weekend of “can’t manage Shane Jones”, and Key only ever had to respond to the Greens’ Russell Norman, and Ganesh Nana.

    I definitely don’t want English or Joyce or Key leading this country. But we seriously need more effective Labour leadership than this.

  13. KJT 13

    I can only repeat what we have said before about voodoo economics.

    http://kjt-kt.blogspot.co.nz/2011/03/voodoo-economics.html

Recent Comments

Recent Posts

  • Government must clamp down on dodgy PTEs
    The Government must ensure all international students coming to New Zealand are legitimate after a survey of those approved in Mumbai found only 9 per cent had genuine intentions and met English language requirements, Labour’s Education spokesperson Chris Hipkins says.… ...
    48 mins ago
  • Government must clamp down on dodgy PTEs
    The Government must ensure all international students coming to New Zealand are legitimate after a survey of those approved in Mumbai found only 9 per cent had genuine intentions and met English language requirements, Labour’s Education spokesperson Chris Hipkins says.… ...
    48 mins ago
  • Chance to crack down on foreign speculators
    If John Key is serious about stopping foreign speculators driving house prices out of the reach of Kiwi families, he will support Labour’s Member’s Bill to ban offshore investors from buying existing homes, Labour’s Housing spokesperson Phil Twyford says. “My… ...
    55 mins ago
  • IRD had foreign trusts review on action plan
    The IRD was so ready to review foreign trusts it had the review on its action plan in November 2014, just before the Revenue Minister met with John Key’s lawyer, says the Leader of the Opposition Andrew Little. “The IRD… ...
    2 hours ago
  • IRD had foreign trusts review on action plan
    The IRD was so ready to review foreign trusts it had the review on its action plan in November 2014, just before the Revenue Minister met with John Key’s lawyer, says the Leader of the Opposition Andrew Little. “The IRD… ...
    2 hours ago
  • Child Youth and Family Review and Māori
    I wrote this blogpost sitting in Parliament listening to the Attorney General’s first reading speech on the Tauranga Moana Iwi Collective Redress and Ngā Hapū o Ngāti Ranganui Claims Settlement Bill. He has acknowledged the impact of colonisation that made… ...
    GreensBy Jan Logie
    4 hours ago
  • Rebuilding Christchurch – a lost opportunity?
    In rebuilding Christchurch, the city has a rare chance to build in a sustainable, creative and people-centred way. We can create a city that is so much more than a simple re-construction of buildings and transport links. Christchurch could be… ...
    GreensBy Eugenie Sage
    1 day ago
  • Rebuilding Christchurch – a lost opportunity?
    In rebuilding Christchurch, the city has a rare chance to build in a sustainable, creative and people-centred way. We can create a city that is so much more than a simple re-construction of buildings and transport links. Christchurch could be… ...
    GreensBy Eugenie Sage
    1 day ago
  • Minister must ensure 111 issue is fixed
    The Police Minister must ensure the 111 fault is fixed as an urgent priority as a 40 minute wait can be the difference between life and death, says Labour’s Police spokesperson Stuart Nash. “The Police have said the fault lies… ...
    1 day ago
  • New Zealand a world leader – in unaffordable housing
    The National Government has made New Zealand a world leader – in unaffordable housing, Labour’s Housing spokesperson Phil Twyford says. “The latest International Monetary Fund report shows New Zealand had the world’s second fastest growth in house prices at the… ...
    1 day ago
  • New Zealand a world leader – in unaffordable housing
    The National Government has made New Zealand a world leader – in unaffordable housing, Labour’s Housing spokesperson Phil Twyford says. “The latest International Monetary Fund report shows New Zealand had the world’s second fastest growth in house prices at the… ...
    1 day ago
  • Hospital meals making you sick
    I don’t know about you but I felt a bit sick watching Health Minister Jonathon Coleman eat supposed Dunedin hospital food last week.  Dunedin people have tolerated a crumbling hospital, lower access to services, longer waiting times and gross food… ...
    GreensBy Metiria Turei
    1 day ago
  • Hospital meals making you sick
    I don’t know about you but I felt a bit sick watching Health Minister Jonathon Coleman eat supposed Dunedin hospital food last week.  Dunedin people have tolerated a crumbling hospital, lower access to services, longer waiting times and gross food… ...
    GreensBy Metiria Turei
    1 day ago
  • Key needs to stop shifting and come clean
    John Key’s position on his lawyer’s offshore trusts lobbying has changed yet again with the Prime Minister admitting he told Todd McClay that Ken Whitney had approached him, says Labour’s Finance spokesperson Grant Robertson. “Yet again information has to be… ...
    1 day ago
  • Key needs to stop shifting and come clean
    John Key’s position on his lawyer’s offshore trusts lobbying has changed yet again with the Prime Minister admitting he told Todd McClay that Ken Whitney had approached him, says Labour’s Finance spokesperson Grant Robertson. “Yet again information has to be… ...
    1 day ago
  • Revolutionary art in Palmerston North
    Last night I was a judge at the May Day Cup, an annual theatrical event which celebrates International Workers Day. The event was organised by stalwart unionist Dion Martin and included a range of performers competing for the Cup. This year… ...
    GreensBy Catherine Delahunty
    2 days ago
  • Revolutionary art in Palmerston North
    Last night I was a judge at the May Day Cup, an annual theatrical event which celebrates International Workers Day. The event was organised by stalwart unionist Dion Martin and included a range of performers competing for the Cup. This year… ...
    GreensBy Catherine Delahunty
    2 days ago
  • Andrew Little visits Zaatari refugee camp
    Leader of the Opposition, Andrew Little, has visited the largest Syrian refugee camp in the world, Zaatari in Jordan, a day after seeing New Zealand troops at Camp Taji in Iraq. Mr Little spent several hours in the camp, meeting… ...
    3 days ago
  • Com Com’s Z Energy decision anti-competitive
    The Commerce Commission’s decision to allow Z Energy to buy Caltex can only undermine the competition in the fuel industry that is needed to ensure New Zealanders pay the lowest price for petrol, Labour’s Consumer Affairs spokesperson David Shearer says.… ...
    3 days ago
  • Com Com’s Z Energy decision anti-competitive
    The Commerce Commission’s decision to allow Z Energy to buy Caltex can only undermine the competition in the fuel industry that is needed to ensure New Zealanders pay the lowest price for petrol, Labour’s Consumer Affairs spokesperson David Shearer says.… ...
    3 days ago
  • OAG raps Govt over the knuckles on HNZ contracts
    The Government has been rapped over the knuckles by the Auditor General over its failure to properly manage $2.3m of contracts and conflicts of interest in relation to a merchant banker advising them on the state house sell-off, says Labour’s… ...
    4 days ago
  • OAG raps Govt over the knuckles on HNZ contracts
    The Government has been rapped over the knuckles by the Auditor General over its failure to properly manage $2.3m of contracts and conflicts of interest in relation to a merchant banker advising them on the state house sell-off, says Labour’s… ...
    4 days ago
  • Brownlee must step in as EQC spin exposed
    Gerry Brownlee needs to step in after EQC’s desperate spin in the wake of yesterday’s landmark settlement has been exposed by its own documents, says Labour’s Canterbury spokesperson Megan Woods. “Yesterday’s settlement showed that thousands of homes may not have… ...
    4 days ago
  • Brownlee must step in as EQC spin exposed
    Gerry Brownlee needs to step in after EQC’s desperate spin in the wake of yesterday’s landmark settlement has been exposed by its own documents, says Labour’s Canterbury spokesperson Megan Woods. “Yesterday’s settlement showed that thousands of homes may not have… ...
    4 days ago
  • OIO must explain Argentine pollution prosecutions
    The Overseas Investment Office (OIO)has questions to answer about how it safeguarded our sensitive land by allowing foreign investors with criminal prosecutions to purchase Onetai Station in Taranaki, says Labour’s Land Information spokesperson David Cunliffe.   “Rafael and Federico Grozovsky… ...
    4 days ago
  • Aussie banks in NZ should ban lending to offshore buyers
    ASB, Westpac and ANZ must confirm whether or not they will continue to fund the over-heated property market by lending to non-resident offshore home buyers, Labour’s Housing spokesperson Phil Twyford says. “This issue has arisen because their parent banks have… ...
    4 days ago
  • Aussie banks in NZ should ban lending to offshore buyers
    ASB, Westpac and ANZ must confirm whether or not they will continue to fund the over-heated property market by lending to non-resident offshore home buyers, Labour’s Housing spokesperson Phil Twyford says. “This issue has arisen because their parent banks have… ...
    4 days ago
  • Murray McCully needs to come clean over Tokelau ferry debacle
    Foreign Minister Murray McCully needs to come clean on why a New Zealand aid-funded vessel intended to service the Tokelau Islands is delayed, over budget and failed its sea trials, Labour’s Foreign Affairs spokesperson David Shearer says. “The new ship… ...
    4 days ago
  • Full independent inquiry needed to save New Zealand’s reputation
    Revelations that John Key's personal lawyer and trust advisor led a lobbying campaign to shut down a review of New Zealand's foreign trust regime makes the case for a full scale independent inquiry a matter of urgency, Labour's Finance spokesperson… ...
    4 days ago
  • Full independent inquiry needed to save New Zealand’s reputation
    Revelations that John Key's personal lawyer and trust advisor led a lobbying campaign to shut down a review of New Zealand's foreign trust regime makes the case for a full scale independent inquiry a matter of urgency, Labour's Finance spokesperson… ...
    4 days ago
  • Andrew Little visits NZ troops in Iraq and refugees in Jordan
    Opposition Leader Andrew Little has visited New Zealand troops at Camp Taji, Iraq. Mr Little also met with Iraqi Defence Minister Khaled Al-Obedih and senior military officials from the Coalition forces in Iraq. He now heads to Jordan to see… ...
    5 days ago
  • Workplace death toll still too high
    It’s a damning indictment on the Government that as workers gather to remember their lost workmates on Worker’s Memorial Day, New Zealand’s workplace death toll is still far too high, Labour’s Workplace Relations and Safety spokesperson Iain Lees-Galloway says. “At… ...
    5 days ago
  • Workplace death toll still too high
    It’s a damning indictment on the Government that as workers gather to remember their lost workmates on Worker’s Memorial Day, New Zealand’s workplace death toll is still far too high, Labour’s Workplace Relations and Safety spokesperson Iain Lees-Galloway says. “At… ...
    5 days ago
  • Minister must come clean on implications of landmark settlement
    Gerry Brownlee has urgent and serious questions to answer in the wake of today’s landmark EQC settlement, which potentially has major implications for thousands of Cantabrians, says Labour’s Canterbury spokesperson Megan Woods. ...
    5 days ago
  • Mossack Fonseca links to OIO approvals must be investigated
    The Minister for Land Information must investigate and disclose how many applications to the Overseas Investment Office (OIO) have links to Mossack Fonseca, says Labour’s Land Information spokesperson David Cunliffe. “Labour can now reveal the OIO approved an application from… ...
    5 days ago
  • Mossack Fonseca links to OIO approvals must be investigated
    The Minister for Land Information must investigate and disclose how many applications to the Overseas Investment Office (OIO) have links to Mossack Fonseca, says Labour’s Land Information spokesperson David Cunliffe. “Labour can now reveal the OIO approved an application from… ...
    5 days ago
  • Govt complacency leaves RB no room to cut
    The Government has put the economy in a holding pattern, leaving the Reserve Bank Governor with little room to manoeuvre as he tries to balance a rampant housing market with non-existent inflation, says Labour’s Finance spokesperson Grant Robertson. “Graeme Wheeler… ...
    5 days ago
  • Govt complacency leaves RB no room to cut
    The Government has put the economy in a holding pattern, leaving the Reserve Bank Governor with little room to manoeuvre as he tries to balance a rampant housing market with non-existent inflation, says Labour’s Finance spokesperson Grant Robertson. “Graeme Wheeler… ...
    5 days ago
  • Dam not out of doldrums yet
    Ruataniwha Dam promoters Hawke’s Bay Regional Investment Company (HBRIC) still has hurdles to clear and a lot of work to do before ratepayers and taxpayers will have confidence in the scheme, says Labour’s MP for Ikaroa-Rāwhiti Meka Whaitiri.“We need sustainable… ...
    5 days ago
  • New study shows Smith’s insulation fails Kiwi kids
    A new Otago University study shows Nick Smith’s inadequate insulation standards will see hundreds of children unnecessarily hospitalised for housing-related illnesses every year, Labour’s Housing spokesperson Phil Twyford says. ...
    6 days ago
  • Government out of touch on foreign trusts
    John Key’s poor handling of the foreign trusts issue is starkly revealed in a poll today which shows the majority of Kiwis are worried about the country being a tax haven and almost half think the issue has been badly… ...
    6 days ago
  • Government out of touch on foreign trusts
    John Key’s poor handling of the foreign trusts issue is starkly revealed in a poll today which shows the majority of Kiwis are worried about the country being a tax haven and almost half think the issue has been badly… ...
    6 days ago
  • Biggest trade deficit for 7 years a warning for Govt
    The biggest trade deficit for seven years shows the Government can’t be so complacent about the economy and must take action to diversify and encourage exports, says Labour’s Finance spokesperson Grant Robertson. “The biggest driver has been the fall in… ...
    6 days ago
  • Biggest trade deficit for 7 years a warning for Govt
    The biggest trade deficit for seven years shows the Government can’t be so complacent about the economy and must take action to diversify and encourage exports, says Labour’s Finance spokesperson Grant Robertson. “The biggest driver has been the fall in… ...
    6 days ago
  • Government’s record on climate change under fire
      The Royal Society’s latest report on climate change has made it clear that it believes the Government’s current approach to climate change is inadequate, says Labour’s spokesperson on Climate Change Megan Woods.  “The report, ‘Transition to a low-carbon economy… ...
    6 days ago
  • Government’s record on climate change under fire
      The Royal Society’s latest report on climate change has made it clear that it believes the Government’s current approach to climate change is inadequate, says Labour’s spokesperson on Climate Change Megan Woods.  “The report, ‘Transition to a low-carbon economy… ...
    6 days ago
  • Mainfreight director agrees with Labour on rail funding
    Richard Prebble – in the past accused of ruining rail and now a director of Mainfreight – agrees with Labour that secure funding for KiwiRail is the best way to minimise congestion in our major cities, says Labour’s SOEs spokesperson… ...
    6 days ago
  • Mainfreight director agrees with Labour on rail funding
    Richard Prebble – in the past accused of ruining rail and now a director of Mainfreight – agrees with Labour that secure funding for KiwiRail is the best way to minimise congestion in our major cities, says Labour’s SOEs spokesperson… ...
    6 days ago
  • Government to Reserve Bank – Rock or Hard Place?
    The Government’s complacency on the housing crisis and the economy has put the Reserve Bank Governor in a no-win position as he contemplates the OCR tomorrow, says Labour’s Finance spokesperson Grant Robertson. “Graeme Wheeler is stuck between a rock and… ...
    6 days ago
  • Government to Reserve Bank – Rock or Hard Place?
    The Government’s complacency on the housing crisis and the economy has put the Reserve Bank Governor in a no-win position as he contemplates the OCR tomorrow, says Labour’s Finance spokesperson Grant Robertson. “Graeme Wheeler is stuck between a rock and… ...
    6 days ago

Public service advertisements by The Standard

Current CO2 level in the atmosphere