Written By: - Date published: 10:30 am, February 16th, 2011 - 35 comments
Because it’s failed ideology prevents it from leading job creation, National came up with ‘Community Max’. Pointless make work schemes have flourished. At the end, more participants are back on the dole than would have been if they had never left. A waste of time and money. Just like boot camps with a higher reoffending rate than home detention.
Written By: - Date published: 11:43 pm, February 14th, 2011 - 53 comments
Look at the international media these days and what do we see? Oil prices rising due to peak oil. Extreme weather events due to climate change. Rising food prices due to peak oil increasing production costs, climate change destroying crops and resource depletion. And, in the most exposed countries, governments falling in revolution.
Written By: - Date published: 7:48 am, February 14th, 2011 - 24 comments
The contrast between Phil Goff and John Key at the Big Gay Out could not have been greater. Key swanned in late, told the crowd the best they could hope for from National was no regressive moves and refused to endorse civil unions. Goff and his posse re-affirmed Labour’s stance against discrimination and committed to progressive leadership.
Written By: - Date published: 2:20 pm, February 13th, 2011 - 18 comments
Today’s Herald contains the first unequivocal defence of National’s plan to sell our assets to pay for tax cuts for the rich. It’s disappointing to say the least – confused, piecemeal, and unconvincing. Ironically, it’s written by some guy from an insolvency company – ie. someone who makes money from cleaning up after others’ poor business decisions.
Written By: - Date published: 8:02 am, February 11th, 2011 - 45 comments
Brian Fallow has put the nails in the coffin of the Nats’ privatisation arguments. His column goes through the excuses that National has come up with for selling the family silver and none of them stack up. Nor does Key’s ‘money-go-round’ where the state-owned Cullen Fund buys these state-owned assets to free up cash for the state.
Written By: - Date published: 10:45 am, February 10th, 2011 - 65 comments
Key proved he’s bereft of ideas in his speech on Tuesday. On Wednesday, he showed he’s out of touch. As you know, Key has voted himself $23,000 of tax cuts on his PM salary alone. Labour estimates another $24,000 on his investments – over $1000 a week. Key argues his tax cut is ‘only’ $15,000.
Written By: - Date published: 3:32 pm, February 9th, 2011 - 38 comments
John Key has taken a swing at Kiwi workers who have lost their jobs thanks to the bankers’ recession and his economic mis-management. Key claims people are choosing to be long-term beneficiaries “even though work is available to them”. But the jobs aren’t there and that has caused long-term unemployment to explode under his watch.
Written By: - Date published: 8:44 am, February 9th, 2011 - 39 comments
In his speech yesterday, John Key made the extraordinary claim that the real average wage has risen 10% under his rule. That figure is wrong and the measure is the wrong one to use. But there’s a more fundamental check: look around you, is the average family 10% better off than 2 years ago? Who are you going to believe? Key or your own eyes?
Written By: - Date published: 10:54 pm, February 8th, 2011 - 69 comments
John Key’s government is just two years old but it is already clearly bereft of ideas. His lacklustre speech showed no innovative thinking. There was just his usual bile directed at Labour and the same old failed National formula: asset sales, welfare cuts, and public service cuts masked by restructuring to fund tax cuts for the rich elite.
Written By: - Date published: 1:44 pm, February 8th, 2011 - 21 comments
The kneejerk righties have praised John Key’s plan to sell our public assets (indeed, the Herald seems to be calling for something far more radical in today’s editorial) but all the substantive analysis of the proposal continues to show it’s an ideologically-driven rip-off. Here’s Geoff Simmons’ take.
Written By: - Date published: 9:00 am, February 6th, 2011 - 62 comments
Bernard Hickey looks at the tax bludgers. Labour’s plans to introduce a higher new top tax rate would raise needed tax from those who can most afford it. But it would also foster more tax bludging by the rich. Rather than throw the baby out with the bathwater by abolishing the top rate, we need to eliminate the avenues for bludging.
Written By: - Date published: 12:56 pm, February 5th, 2011 - 65 comments
OK, that title is pure spin. National has dropped from 55% to 49% in the latest Roy Morgan, and Labour’s up from 29% to 34.5%. But that just shows the last poll was a rogue. Now, normal transmission, and National’s decline, has resumed. When you look at the Nat/ACT and Lab/Green/New Zealand First potential coalitions – the race is tight and closing fast.
Written By: - Date published: 11:54 am, February 4th, 2011 - 12 comments
One of John Key’s excuses for selling our SOEs is that we need the cash to buy $33 billion of new assets over the next 5 years. Sounds like a lot, eh? It turns out the Crown spent $42 billion on new assets* over the last 5 years without selling our SOEs and even with that $33 billion of new capital spending the deficit will be gone in 4 years … I wonder what Key’s next line will be.
Written By: - Date published: 9:18 am, February 4th, 2011 - 20 comments
John Key Oct 2010: “I don’t think we should argue we are in a recession … now that summer has come, economic activity is starting to pick up.”
Building consents lowest on record * unemployment hits 6.8% * retail spending falls * We’ve had double dip recession
Written By: - Date published: 9:54 am, February 3rd, 2011 - 27 comments
The same old formula has played out again: National appoints an expensive, hand-picked working group (the Savings Working Group). The working group comes up with predictable recommendations. The Nats extreme recommendations out of hand, to appear moderate, and do what they were planning to do. Here are the real savings solutions.
Written By: - Date published: 8:43 am, February 2nd, 2011 - 36 comments
December 2007, John Key, speaking to Carolyne Brooks-Quan said: “We would love to see wages drop“. Key tried several conflicting excuses, including that he was talking about Australian wages (which became a mini-meme). But actions speak louder than words. Yesterday, we had more confirmation that wages have dropped under Key, except for union members.
Written By: - Date published: 10:37 am, February 1st, 2011 - 27 comments
The early childhood education cuts have hit – families will face an average $20-$45 a week increase in the cost of sending a kid to kindy. And Anne Tolley is signaling more to come. But it’s not just the education of the next generation that’s for the chop as National seeks to balance the books after its tax cuts for the rich binge.
Written By: - Date published: 10:30 am, January 31st, 2011 - 78 comments
Russel Norman followed Phil Goff and John Key’s state of the nation speeches with the annual Greens state of the planet address. The capital gains tax initiative grabbed headlines but there’s a lot more going on beneath the surface. As we face myriad economic and environmental problems, the Greens have the real answers.
Written By: - Date published: 7:50 am, January 28th, 2011 - 171 comments
John Key, very optimistically, reckons he can raise $10 billion by selling our assets. Key’s Government gave massive tax cuts, averaging $16,000 each, to the richest 1% of taxpayers that they’ll get year after year. The present value of those tax cuts for the richest 1% is over $10 billion. He’s selling our assets to pay for tax cuts for the richest 1%.
Written By: - Date published: 12:45 pm, January 27th, 2011 - 24 comments
In 2008, John Key’s line was ‘New Zealand doesn’t have a debt problem, it has a growth problem’. In Budget 2010, he said the Crown would be back into surplus in record time. In December, he said debt wouldn’t force a downgrade. Now, he says debt is such a problem we need to slash and sell. When did he mean what he said? Never. It has never been about debt.
Written By: - Date published: 6:00 pm, January 26th, 2011 - 83 comments
While we’re all eagerly awaiting Tracy Waktins et al’s reviews of John Key’s controversial decision to wear a mauve tie in his state of the nation speech, I thought I would look at some of the reasons why asset sales are such a stupid idea.
Written By: - Date published: 8:40 am, January 26th, 2011 - 29 comments
It’s not radical, it’s not revolutionary but Phil Goff has laid out a positive, progressive, and affordable vision that contrasts with John Key’s directionless, lazy leadership. It seems to be popular. The PM’s state of the nation is expected to contain an interesting savings policy but always the question is: cue bono?
Written By: - Date published: 11:37 pm, January 25th, 2011 - 56 comments
John Key says that he can’t increase the minimum wage by a decent amount. The excuse this time round is that a decent increase will destroy jobs. Well, let’s check that out a little bit. Is it really true that lifting the minimum wages destroys jobs? If it is, do the benefits outweigh the gains? And what about the cost of letting wages fall?
Written By: - Date published: 11:45 am, January 25th, 2011 - 49 comments
The Legatum Prosperity Index looks beyond GDP, a failed measure that counts rebuilding after an earthquake as a gain. The Index is a broad measure of nations’ prosperity comprising 88 components. It shows that New Zealand is a relatively prosperous nation. It also shows that relative prosperity is falling under National.
Written By: - Date published: 12:57 pm, January 24th, 2011 - 42 comments
Higher commodity and food prices, we are told are a Good Thing. Our exporters (ie. Fonterra and foreign oil companies) get more money. But we consumers have to pay more to by the same products, so are we better off? And what about the poor saps overseas who are paying more for less, or the really poor saps who are priced out of the market?
Written By: - Date published: 10:59 am, January 24th, 2011 - 18 comments
Today’s Herald editorial explores Auckland Grammar’s decision to ditch NCEA in favour of the Cambridge exams and the support this elitism, which undermines the NCEA system, has received from Anne Tolley. Never shy to give helpful advice to its favoured PM, the Herald tells Key it’s time to rid himself of the incompetent Tolley.
Written By: - Date published: 2:16 pm, January 23rd, 2011 - 34 comments
The international evidence that National Standards don’t work is conclusive. Only 20% of schools are ready to implement them and over 300 schools are refusing all together. What’s our Minister for Education’s response to the objections of people who have dedicated their lives to education? A declaration of war – using the kids against the teachers.
Written By: - Date published: 12:17 pm, January 23rd, 2011 - 259 comments
We have a national myth that everyone is in essence equal, yet we have a disparity of wealth where 10% own more than the other 90% put together and 50% have no net assets. How does one square away occupying a position of extreme privilege in a democratic society? Often, by convincing yourself that your privilege doesn’t exist.
Written By: - Date published: 1:17 pm, January 22nd, 2011 - 23 comments
It’s been revealed that the Government, having decided against dedicated Maori seats on the supercity council, gave appointed Maori advisers votes on council committees under its supercity legislation. That’s just unacceptable, we can’t have appointees voting equally to democratically-elected council members.
Written By: - Date published: 7:23 am, January 21st, 2011 - 151 comments
It’s always so wonderful to load up Granny Herald and see some wealthy late middle-aged grump (I’m picking this one is John Roughan) taking a swipe at the poor in the editorial. Today, Granny says we can’t afford to give mums more paid leave or more Working for Families for young kids. Hmm. But we can still afford those tax cuts for the rich?
Written By: - Date published: 11:20 pm, January 20th, 2011 - 33 comments
Overcrowding is a big problem that drives disease and prevents kids getting the best start in life. Normally, I would say that the solution to overcrowding is more state housing – eco-smart housing, which would also create jobs. But an interesting article in the Guardian recently by George Monbiot suggests another solution.
The server will be getting hardware changes this evening starting at 10pm NZDT.
The site will be off line for some hours.
Recent Comments