We need to keep paying into the Superannuation Fund.
Never heard anything so dumb as the idea of stopping making payments right now. Invest now and make a tidy sum to pay for super in the future. If we don’t we’ll have to put up taxes in the future or cut super. I’m looking forward to my super.
We need a real jobs policy.
The Greens’ home insulation package will create a few thousand. That’s a good start but it’s not much. Drop in the ocean compared to 43,000 jobs from the Greens’ full Green New Deal. That’s a real jobs package. Remember most new unemployed go on the UB. That costs ten thousand a year per person. Plus the loss of income tax. Keeping people in jobs makes sense and dollars.
We need to be building for the future.
Cheap oil’s history. Next time oil hits $150 a barrel and we’re halfway through knocking down Mt Albert to build a motorway we’re going to look like a bunch of complete monkeys. Cut motorway funding and put it into public transport. Not the other way around. More jobs in public transport too.
We need a sustainable debt track.
Debt’s not a huge problem but the less the better. The simple way to do that is forget tax cuts. Ideally, undo the previous ones too. But I suspect Key wants to keep his hundred bucks a week. Introduce a capital gains tax. Screw the property traders (see them in the paper already trying to create the next bubble). Capital gains will stop overinvestment into housing as well as keep debt under control. Oh, and raise taxes for the richest few percent like they did in the UK.
It would be nice to see Key admit the Jobs Summit was just hot air. Won’t hold me breath.