Meanwhile…….in South Auckland a garage/sleepout burned to the ground as scores of gang members partied hard, seemingly uncaring that in destructive, drunken disorder one of their number had caused the blaze.
The Minister for Spoiled White Brats has expressed concern –
“These people seem never to work…..someone else provides all their needs…….and then they strut their indolence and entitlement on Instagram !”
Or ShonKey is obsessed with getting publicity in whatever way he can – even to the extent of using his own family to do so ! (No other PM in NZ has ever used their family members the way ShonKey does. Its disgraceful!)
Have a look at the family publicity for your namesake Norman some time.
His wife had her own little column in the Woman’s Weekly. Dead boring trivia that was dropped as soon as Norm died.
Then he was succeeded by his son as MP. Very successful that was if I remember correctly.
Trust Trollwyn to conflate a column in the Womens’ Weekly 43 years ago with the front page of a major daily exercised by notions of a fabulous ‘New Camelot’.
Some ratshit perspective you have there Trollwyn. Was Barbara Hutton your mummy ?
In what way is it “trolling” to point out that the following statement, made by Jenny Kirk is at least arguably untrue?
“No other PM in NZ has ever used their family members the way ShonKey does.”
Other PMs have most definitely done worse, haven’t they? Particularly as you have nor reason to say that Key is in any way involved in what the Herald chooses to publish. Do you really think that Key is responsible for everything that happens?
Why is there so much irrational antipathy to the PM. I thought the opinions about Helen Clark in her day were way over the top but the comments about Key are even worse.
“I thought the opinions about Helen Clark in her day were way over the top but the comments about Key are even worse.”
lol.
I think you forget how daft things got. Books written and pushed by main RW blogs about Calrks fake marriage and quest to destroy the bedrocks of socety coz lesbian, ‘Helengrad’, etc.
It was a troll who made the brazenly false claim about Kelvin Davis, Serco and Corrections about ten days ago, which said troll has not yet acknowledged nor apologised for.
Today……different topic same troll. If ya think Womans’ Weekly 43 years ago really equates to Mr E! Channel and surly offspring……Wow !
I did read some of them. Believe it or not but the Woman’s Weekly used to be a very good magazine. My wife used to get it in those days.
It turned to total rubbish 30 odd years ago though. They had an editor named Jean Wishart for about 30 years from about 1952 to about 1985. She was unmarried, lived with her mother and apparently had no social life. She had an infallible idea of what New Zealand woman wanted to read though and almost every woman at the time read it. It was also a very advanced mag in its views, being one of the first to publish on abortion and so on.
At its peak, during her reign, it had a circulation of about 250,000.
The columns Ruth Kirk wrote were crap though.
As far as I’m concerned if Key uses his own family for publicity and/or members of his family use him for publicity stunts, then those members are ripe for public judgement when they so deserve.
Max Key is a spoiled brat who needs a big stick poked up him and soon. His ambition is to be a Billionaire. What else need be said.
Little Max obviously got his values from his parents – kids usually do – so if Max’s one ambition in life is to be a billionaire, it says a lot about what is of prime importance to his father I would think! Empty vessels! Sad for Key and his son that they can’t take it with them when they depart this mortal coil!
If his ambition is to be a billionaire you certainly can’t say he is not aiming high.
My ambition at that age wasn’t nearly so great. I simply wanted to be like Janis Joplin and to have a Mercedes. https://www.youtube.com/watch?v=7tGuJ34062s
Mind you in those days a billion was a lot of money.
I am not sure you completely understood joplin. But you and young Key, generations apart, share something which for me lies at the root of why our system fails our most vulnerable. You both strive for a thing, a symbol of wealth as though it equates to success, so people know you are important. What a waste of potential.
Gosh, are you sure?
How could I have been so stupid?
Did I need you and Tracey to explain it to me?
Don’t be such a dick you silly little man.
I suppose that next you’ll want to explain to me that Das Kapital isn’t the script for a Marx Brother’s movie.
I most definitely understood Janis Tracey. The only thing I have never understood is why she, and so many others her age overdosed on Heroin.
Doesn’t it worry you that people can’t tell the difference between:
the bits where you’re pretending to be stupid for comedic effect; and
the bits where you try to make a serious point?
To answer you seriously.
Not much. I don’t think people like Gangnam and some others are really as silly as they often seem. Sometimes, just occasionally, they do get things but then they like to pretend they don’t.
Besides I cannot, with the best intentions in the world, get the hang of the smiling faces and so on so it isn’t that easy to highlight it.. And yes I know where the explanation is. I shall have to get a seven year old to explain it to me though.
He has got the first step out of the way. Be born to rich parents. After all it is making the first million that is the hardest.
I rather prefer the similar story about the patron saint of Paris, St Denis. He was being led off to his place of execution when the Roman soldier decided he didn’t want to waste any more time and decapitated him a couple of miles before the designated spot. If you believe in miracles you may accept the story that he picked up his head and continued on the journey.
Of that feat it was said that
“The distance doesn’t matter; it is only the first step that is the most difficult”.
On the other hand I really cannot get in the slightest bit interested in young Max. Thank goodness the Dom/Post doesn’t waste ink on him. He has got enough going on not to be abused by people who only dislike him because of who his father is.
Very few people are billionaires. There’s a huge amount of luck involved, but also you basically have to start and run your own company. Max has no real barriers to starting and running his own company; the fact that he hasn’t done so already, if he truly is set on being a billionaire, shows that he doesn’t really have what it takes.
True . He is 20 according to Google, the age Gates was when Microsoft was founded.
On the other hand he may not be Bill Gates. Paul Allan was all of 22 when they started I believe.
However the rest of what you say is spot on. You need much more than simply an attitude of I want to be rich and I deserve it. Poor little bugger. He’s always going to be compared with his father. Not quite like being J D Rockefeller JUNIOR but it might feel like that.
Becoming and staying a billionaire inherently hurts many people and causes huge amounts of damage as the only way to do so is to steal from as many people as possible while encouraging massive over use of resources.
Too late. The space he takes in news columns could be used publicising the real plight, and treatment of, the vulnerable, instead of championing a self indulgent and mostly unattainable lifestyle.
Anne. lol Just saw photo of young MaxiKey relaxing in string hammock. Looks like has a stick uphim. Hate to see him when he is Not relaxed. Actually feel a little big sorry for the wee boy. For God’s sake, what is our media coming to. Angry!!
Had another of many FFS moments I’m having at present, regarding FJK and the irrelevant fruit of his loins!
Who gives a big rat’s what mini me Key is doing anyway? NZH seems to give him plenty of attention though, at the expense of the real news I’d say. On whose orders I wonder? The “puppeteer” perhaps?
Heh, the Max articles… shows something is very wrong/sick in our politics and media, maybe just society in general. Although there’s still plenty of good people out there improving society in areas that matter in real life.
So Shipley thinks it’s time to change the flag: “Do they need need someone else to speak for them or can we as New Zealanders speak for ourselves ? I expect to speak for myself,” Shipley said. (Today’s SST pg5).
She will be disappointed if we cling to something that’s “got a dubious past in it’s origin and speaks to a time, where, frankly, it is completely irrelevant today”.
I would have thought her “young spirited, fleet-footed” nation might like to have a wider discussion about cutting ties to the anachronistic and irrelevant monarchy and (again) ditching an honours system based on ties to Britain and our colonial past.
Interestingly nowhere in this “piece” is she referred to as “Dame” – just “former prime minister Jenny Shipley”. Why is that?
Perhaps because the logic disconnect might be even more apparent?
Guyon on the Nation panel could not imagine a reason why the current policy towards kiwis in oz was bad. Yet magnificent debated the nuances of Keys survival.
Strange that nobody pulls up the Liberal Australian party on its undermining the free trade between us, as risks and costs force kiwis living there and others, to be mindful of how easily they could be exposed, by losing employees or family members to extradition, or having to carry their own kids in uni or health care, unemployment while paying for everyone else’s.
Its not so much that they are incompetent its just that the right has always had a easy ride, how do you figure Thatcher, zombie zero, got such a easy time and still does.
it was under Shipley that the whole flag changing thingy started. Was it not then that she had to resign because of inappropriate dealings with one of the Saatchi and Saatchi Brothers?
So clearly, she would not have given up the idea…and just wants it now, like the rest of the corporate Posse that disguises as the National Party.
A dinner to celebrate the 80th anniversary of the election of the first ever Labour Government will bring together a potentially explosive mix of people as some of the Rogernomes return to their original home for some reminiscing.
The dinner at Parliament is organised by current MP Stuart Nash, the grandson of the Prime Minister in the Second Labour Government: Sir Walter Nash.
Mockery of cv is not an actual argument.
Many people agree with cv’s view of thr Labour Party.
How else do you explain Labour’s embrace of neo-liberalism for 30 years?
Lab4 – no contest. Complete capture. But since then Labour has been at most middle-right, generally middle-left.
Saying Labour currently participates in an “embrace of neo-liberalism” misunderstands the concept of neo-liberalism, the concept of an embrace, or both.
Yes, for some commenters here to agree with Labour it would involve a long walk to the right for the commenters or a long walk to the left for Labour. But the starting points are relative – for Labour to be objectively “far right” it would share most of its policy manifesto with someone like Rand Paul. And yes, Labour is currently well to the left of Rand Paul.
all that’s happened is that market driven neoliberalism has become normalised in society and in politics. Even some Lefties have become habituated to it.
“Saying Labour currently participates in an “embrace of neo-liberalism” misunderstands the concept of neo-liberalism, the concept of an embrace, or both.”
Disagree. As I define it a political party embraces Neo-liberalism when they accept and follow economic policies dictated by main-stream neo-classical economics. These include,
1) A belief that governments like NZ face a budget constraint (e.g can run out of money).
2) A belief that governments should respond to financial crisis by cutting back spending.
3) A belief that governments deficits must ultimately drive inflation up.
4) A belief that full-employment can be achieved purely by using monetary policy (e.g the NAIRU rate of unemployment is a full employment level of unemployment).
Labour has endorsed all these through current and prior policies, at least since the time when Roger Douglas became minister for Finance.
For example,
* The Cullen fund is the government stoking its investment reserves in order to avoid running a later deficit.
* The last term they campaigned on a policy to up the retirement age, because they believe the country can’t afford the present age.
* Labours Kiwisaver policy is primarily a way to get pensioners income off the government books, and to be self dependent.
* Labour has constantly criticized the National government for running a deficit in response to the financial crisis, and highlighted that they ran surpluses themselves.
* Labour promised to get back into surplus faster that National during the previous election campaign.
* Labour is constantly looking for ways to increase their tax take, based on a desire to spend more, clearly they don’t understand that the tax take doesn’t need to increase for more social spending to go ahead.
* Labour in no way modified how treasury functions with regard to spending and the level of employment, from the present government.
And people who insist that Labour are full of neolibs are fllowing the fine left wing tradition of damning their closest political neighbours as their worst enemies.
So if you’re not a socialist you must be a neoliberal?
So, looking at your track record, CV, how long do you think it will be before you solemnly declare yourself the only true leftie on the planet, and the other seven billion of us are neoliberals (except putin because he’s ever so manly)?
1) A belief that governments like NZ face a budget constraint (e.g can run out of money).
That’s a belief hardly restricted to Rogernome neoliberals. It’s actually pretty reasonable
2) A belief that governments should respond to financial crisis by cutting back spending.
Not sure that applies to the current Labour party.
3) A belief that governments deficits must ultimately drive inflation up.
see 2
4) A belief that full-employment can be achieved purely by using monetary policy (e.g the NAIRU rate of unemployment is a full employment level of unemployment).
Non-Accelerating Inflation Rate of Unemployment is calculated by treasury etc for nz at 6-8% of unemployment. The current and previous nats ran that level, Lab5 didn’t.
* The Cullen fund is the government stoking its investment reserves in order to avoid running a later deficit.
* The last term they campaigned on a policy to up the retirement age, because they believe the country can’t afford the present age.
* Labours Kiwisaver policy is primarily a way to get pensioners income off the government books, and to be self dependent.
All of that is a bit like the EQC, saving up for a rainy day (in the case of the cullen fund, the supposed demographic bubble). The EQC was formed in 1945. By your logic the first Labour government was neoliberal.
* Labour has constantly criticized the National government for running a deficit in response to the financial crisis, and highlighted that they ran surpluses themselves.
* Labour promised to get back into surplus faster that National during the previous election campaign.
* Labour is constantly looking for ways to increase their tax take, based on a desire to spend more, clearly they don’t understand that the tax take doesn’t need to increase for more social spending to go ahead.
Labour is criticising national for running a deficit in order to give tax cuts to the rich. That’s different to arguing for economic retrenchment in response to an economic downturn. Labour wants a bigger tax take to provide more services.
* Labour in no way modified how treasury functions with regard to spending and the level of employment, from the present government.
what do you mean by “how treasury functions with regard to spending and the level of employment”?
“That’s a belief hardly restricted to Rogernome neoliberals. It’s actually pretty reasonable”
Its not pretty reasonable it’s bunk. The NZ government literally operates the only institution which creates NZ dollars. It can’t run out of them. The optimal level of government spending (and taxation) has nothing to do with government surplus or deficit. Its to do with the economic outcomes which the government achieves by it.
“Non-Accelerating Inflation Rate of Unemployment is calculated by treasury etc for nz at 6-8% of unemployment. The current and previous nats ran that level, Lab5 didn’t”
So you can point to any times when Labour ran lower than the NAIRU rate calculated contemporaneously? Note the NAIRU (despite being alleged to be a structural rate) appears to just track current unemployment with a lag.
“By your logic the first Labour government was neoliberal.”
It would depend on the overall balance of their policies, where the focus is. I have gone through a decent list of the Labour headlines here of course.
“Labour is criticising national for running a deficit in order to give tax cuts to the rich. That’s different to arguing for economic retrenchment in response to an economic downturn. ”
The National party Tax/GST changes don’t add up to the deficit. They were probably around fiscally neutral on balance (they were expected to be fiscally neutral), this leaves Labour arguing for economic retrenchment in response to the (ongoing) economic downturn.
“Labour wants a bigger tax take to provide more services.”
This is premised on your belief in 1) of course.
“how treasury functions with regard to spending and the level of employment”
Treasury forecasts and the budgeting process set limits on the amount of deficit spending that the government does in order to keep the level of unemployment above the NAIRU rate, essentially. Its hardly a surprise that this is left unexplained by the government of the day (that they have calculated an ideal level of unemployment, and no there will not be enough jobs to go around actually).
“That’s a belief hardly restricted to Rogernome neoliberals. It’s actually pretty reasonable”
Its not pretty reasonable it’s bunk. The NZ government literally operates the only institution which creates NZ dollars. It can’t run out of them. The optimal level of government spending (and taxation) has nothing to do with government surplus or deficit. Its to do with the economic outcomes which the government achieves by it.
I agree that government spending reflects the will of the government, but to argue that because NZ creates dollars has a limitless supply of cash on hand is bullshit. When Spain had a massive supply of silver from America that the rest of europe didn’t have access to, all that happened was the Spanish pissed it away so much that the price of silver plummeted.
“Non-Accelerating Inflation Rate of Unemployment is calculated by treasury etc for nz at 6-8% of unemployment. The current and previous nats ran that level, Lab5 didn’t”
So you can point to any times when Labour ran lower than the NAIRU rate calculated contemporaneously? Note the NAIRU (despite being alleged to be a structural rate) appears to just track current unemployment with a lag.
Most of the fifth labour government had an unemployment rate below 6%.
“By your logic the first Labour government was neoliberal.”
It would depend on the overall balance of their policies, where the focus is. I have gone through a decent list of the Labour headlines here of course.
You’ve cherry=picked a few Labour policies and beliefs that you ascribe to Labour. It still looks to me like labour now are nowhere near rogernomes, so aren’t “far right” as CV called them.
“Labour is criticising national for running a deficit in order to give tax cuts to the rich. That’s different to arguing for economic retrenchment in response to an economic downturn. ”
The National party Tax/GST changes don’t add up to the deficit. They were probably around fiscally neutral on balance (they were expected to be fiscally neutral), this leaves Labour arguing for economic retrenchment in response to the (ongoing) economic downturn.
Lol “fiscally neutral” – now who’s repeating tory memes? If the lower money out is the same as the GST increase, do I really need to explain the regressive effects of GST?
“Labour wants a bigger tax take to provide more services.”
This is premised on your belief in 1) of course.
A bit like your belief that magic money can be printed without taking into account devaluation effects.
“how treasury functions with regard to spending and the level of employment”
Treasury forecasts and the budgeting process set limits on the amount of deficit spending that the government does in order to keep the level of unemployment above the NAIRU rate, essentially. Its hardly a surprise that this is left unexplained by the government of the day (that they have calculated an ideal level of unemployment, and no there will not be enough jobs to go around actually).
Treasury forecasts are well known for what they are. Labour got rid of a lower minimum wage expressly for young workers even though treasury forecast an increase in youth unemployment.
“I agree that government spending reflects the will of the government, but to argue that because NZ creates dollars has a limitless supply of cash on hand is bullshit.”
It clearly means exactly that. This is quite important to understand from a rhetorical point of view as it changes the argument substantially. You are no longer talking about some kind of hard limit which might be imposed by bankruptcy, but the need for the government to regulate its policy based on the consequences of its spending. These include all of inflation, foreign exchange and employment consequences. But the onus is now on your position to demonstrate that for some level of spending negative consequences will likely occur in fact.
Note, using an example from currency system based on silver (a commodity) is probably a poor analogy for sovereign currency because you now need to take into account that silver is in common use by several countries at the time. This has effects on the exchange rate. Its unlikely that sovereign currencies work like this as most of the product which can be purchased in say NZ$ comes from NZ.
“Most of the fifth labour government had an unemployment rate below 6%.”
“Lol “fiscally neutral” – now who’s repeating tory memes? If the lower money out is the same as the GST increase, do I really need to explain the regressive effects of GST?”
Clearly fiscally neutral simply means they traded the amount of tax they collect from income over to GST. This would probably have influenced the further direction of the economy, absolutely. But saying that all or almost all of the deficit can be attributed to the taxation change, or even the downward effects of the tax change, is incorrect. NZ would still have a large deficit if this tax policy had not been applied, but other policy had. You do know what fiscally neutral literally means right?
“A bit like your belief that magic money can be printed without taking into account devaluation effects.”
No, just run of the mill high powered money, and the onus is on your position to show that the devaluation effects will likely occur. At present NZ has inflation at the low end of the target range, and is trying to run a surplus. Given your own opinions, being presently demonstrated, why would Labour do any different?
“Labour got rid of a lower minimum wage expressly for young workers even though treasury forecast an increase in youth unemployment.”
Relevance?
It would be much better if you stopped extrapolating straw men out of what I have said, and take it to mean what is says, neither more nor less.
“I agree that government spending reflects the will of the government, but to argue that because NZ creates dollars has a limitless supply of cash on hand is bullshit.”
It clearly means exactly that. This is quite important to understand from a rhetorical point of view as it changes the argument substantially. You are no longer talking about some kind of hard limit which might be imposed by bankruptcy, but the need for the government to regulate its policy based on the consequences of its spending. These include all of inflation, foreign exchange and employment consequences. But the onus is now on your position to demonstrate that for some level of spending negative consequences will likely occur in fact.
Funny, I thought that the onus was on you to support the idea that Labour is neoliberal.
Ok, so let’s say that the government issues 200 billion NZ$ in order to pay for a space programme next year. Unlimited supply of money, fine. So now what happens to the economy, in your opinion? At least citizens of Weimar had a plentiful supply of toilet paper.
Note, using an example from currency system based on silver (a commodity) is probably a poor analogy for sovereign currency because you now need to take into account that silver is in common use by several countries at the time. This has effects on the exchange rate. Its unlikely that sovereign currencies work like this as most of the product which can be purchased in say NZ$ comes from NZ.
Nope. Silver or gold currencies don’t have an exchange rate, because they are worth that weight of silver. The point I was making was simply that when you have a means of exchange, the value of that means of exchange is related to its scarcity. The practical supply needs to be restricted in order for the currency to act as a currency – dramatic oversupply would simply lead to the end of its utility as a currency.
“Most of the fifth labour government had an unemployment rate below 6%.”
That wasn’t a forecast. Like most economists, Treasury are very good at ensuring the past matches their personal econo-religious doctrine.
“Lol “fiscally neutral” – now who’s repeating tory memes? If the lower money out is the same as the GST increase, do I really need to explain the regressive effects of GST?”
Clearly fiscally neutral simply means they traded the amount of tax they collect from income over to GST. This would probably have influenced the further direction of the economy, absolutely. But saying that all or almost all of the deficit can be attributed to the taxation change, or even the downward effects of the tax change, is incorrect. NZ would still have a large deficit if this tax policy had not been applied, but other policy had. You do know what fiscally neutral literally means right?
I do. They weren’t.
No, the deficit is not entirely due to national party tax cuts. I never said it was. But the nat cuts and the cullen cuts didn’t exactly help, did they?
“A bit like your belief that magic money can be printed without taking into account devaluation effects.”
No, just run of the mill high powered money, and the onus is on your position to show that the devaluation effects will likely occur. At present NZ has inflation at the low end of the target range, and is trying to run a surplus. Given your own opinions, being presently demonstrated, why would Labour do any different?
Oh, now money varies in power?
“Labour got rid of a lower minimum wage expressly for young workers even though treasury forecast an increase in youth unemployment.”
Relevance?
Simply that Labour do not universally obey Treasury dictats, and therefore that your comment about Treasury setting “limits” on government economic policy isn’t particularly accurate. Treasury is extremely right wing – Labour aren’t.
“Ok, so let’s say that the government issues 200 billion NZ$ in order to pay for a space programme next year. Unlimited supply of money, fine. So now what happens to the economy, in your opinion? ”
What happens would depend on the capacity of the economy to produce a space program (and nothing I have said indicates 200 billion is anything but a ridiculus hysterical figure you made up). But no doubt the parts of the economy which were stretched to capacity would raise prices and a lot of people would be employed in the space program. Unless the economy is presently running at full capacity then there is currently room for the government to spend more and provide more jobs, which means not running a surplus in these circumstances. But this is not to do with the quantity of money, the quantity theory of money (which you are alluding to) is originally a central part of monetarism. You may be trying to convince people that Labour is not neo-liberal, but what you are showing is that you have strong and deep seated neo-liberal ideas yourself.
“Silver or gold currencies don’t have an exchange rate, because they are worth that weight of silver. ”
They have an exchange rate for every currency which maintains convertibility then don’t they.
“The point I was making was simply that when you have a means of exchange, the value of that means of exchange is related to its scarcity. The practical supply needs to be restricted in order for the currency to act as a currency – dramatic oversupply would simply lead to the end of its utility as a currency.”
Really? You are aware that the inflation theory this implies demands that ‘rational’ economic agents respond to the quantity of money, or even high powered money. Most economic agents (people) are not even aware how much the government spends or is in debt. Your theory is about as in feasible as the efficient markets hypothesis and has bugger all evidence going for it. Its not even the theory used by central banks these days. Central banks target the rate money is loaned at not its quantity.
“That wasn’t a forecast. Like most economists, Treasury are very good at ensuring the past matches their personal econo-religious doctrine.”
You keep claiming that by keeping the unemployment rate below 6% Labour kept the unemployment rate below the NAIRU. This depends on the NAIRU being 6% or there abouts, which it wasn’t. You are incorrect.
(and nothing I have said indicates 200 billion is anything but a ridiculus hysterical figure you made up).
If we have a limitless money supply, 200billion is at the lower end of the potential. A UBI that several authors here advocate might cost $40billion a year. Hell, let’s just create 50trillion a year and be the richest nation on the planet.
Unless the economy is presently running at full capacity then there is currently room for the government to spend more and provide more jobs, which means not running a surplus in these circumstances. But this is not to do with the quantity of money, the quantity theory of money (which you are alluding to) is originally a central part of monetarism. You may be trying to convince people that Labour is not neo-liberal, but what you are showing is that you have strong and deep seated neo-liberal ideas yourself.
lol
That would be one of those irregular verbs: I build straw men from your statements, whereas you say my statements are “alluding to” something random.
Even Keynes suggested reductions in interest rates as part of a solution to a downturn. Was he a neoliberal, too? The first Labour government raised taxed to finance their spending – were they neoliberals, too?
“Silver or gold currencies don’t have an exchange rate, because they are worth that weight of silver. ”
They have an exchange rate for every currency which maintains convertibility then don’t they.
Nope. There is no “exchange rate” because one currency is not exchanged for another, it’s a universal currency by weight of silver.
“The point I was making was simply that when you have a means of exchange, the value of that means of exchange is related to its scarcity. The practical supply needs to be restricted in order for the currency to act as a currency – dramatic oversupply would simply lead to the end of its utility as a currency.”
Really? You are aware that the inflation theory this implies demands that ‘rational’ economic agents respond to the quantity of money, or even high powered money. Most economic agents (people) are not even aware how much the government spends or is in debt. Your theory is about as in feasible as the efficient markets hypothesis and has bugger all evidence going for it. Its not even the theory used by central banks these days. Central banks target the rate money is loaned at not its quantity.
People notice when silver plummets in value, or a loaf of bread costs a billion marks. So they use someo ther currency or barter instead.
“That wasn’t a forecast. Like most economists, Treasury are very good at ensuring the past matches their personal econo-religious doctrine.”
You keep claiming that by keeping the unemployment rate below 6% Labour kept the unemployment rate below the NAIRU. This depends on the NAIRU being 6% or there abouts, which it wasn’t. You are incorrect.
If you want to demonstrate that treasury forecasts set limits on Labour policy, feel free to point to an actual forecast. A weather forecaster who told you is has been raining is always right. One who’ll tell you, accurately, how much it will rain tonight – that’s the one you want.
“If we have a limitless money supply, 200billion is at the lower end of the potential. A UBI that several authors here advocate might cost $40billion a year. Hell, let’s just create 50trillion a year and be the richest nation on the planet.”
We do (the government does) have a limitless money supply, however nothing I have written indicates that spending will never cause inflation. That’s where you just go off and create a straw man and then knock it down.
“That would be one of those irregular verbs: I build straw men from your statements, whereas you say my statements are “alluding to” something random.”
“Even Keynes suggested reductions in interest rates as part of a solution to a downturn. Was he a neoliberal, too? The first Labour government raised taxed to finance their spending – were they neoliberals, too?”
I don’t remember implying that governments who manipulate interest rates are neo-liberal, or that governments which collect taxes are neo-liberal. You should make some attempt in future to make some sense because what you are saying is not particularly coherent and does not address the arguments I put.
you can do it for me – while you’re looking up the definition of “forecast”.
So, of your four characteristics of neoliberals, I think that Labour does indeed have “a belief that governments like NZ face a budget constraint”, although I don’t think the fear is so much of running out of money as it is trashing the economy. And I don’t think that fear is unique to neoliberals, as Lab1 also believed in budget constraints.
of the rest:
2) A belief that governments should respond to financial crisis by cutting back spending.
feel free to point to that in Labour policy
3) A belief that governments deficits must ultimately drive inflation up.
Given that ties in to 1), see above
4) A belief that full-employment can be achieved purely by using monetary policy (e.g the NAIRU rate of unemployment is a full employment level of unemployment).”
McFlock, you’re illustrating exactly why the Left has been captured by the economic and monetary thinking frameworks of the Right.
Under these frameworks, it makes sense to cut NZ Super. It makes sense to under fund DHBs. It makes sense to make students pay more for their education.
Actually, it illustrates something else entirely.
25 years ago a few left wing parties recognised their shared objectives as well as their differences and joined together to keep a left wing voice in parliament even under an FPP system.
Now, apparently, anyone who doesn’t immediately accept the A+B theorem at face value is to be denounced as a “neoliberal”.
After all, several of these supposedly “neoliberal” ideas were apparently practised by the first Labour government, goddamned tories that they were…
The headline really says it all, but anyway from here.
1) Labour won’t spend without taxation,
“Make sure the highest income New Zealanders and corporations pay their fair share of tax so we can afford to invest in health, education, and upgrading the economy”
2) Labour won’t spend to increase employment,
“Limit operating spending from new policies to less than the new operating spending allowances projected in Budget 2014 plus the net increase in revenue resulting from new policies,”
4) See Lab5 term. Surpluses = leaving it entirely up to monetary policy to support employment.
3) Absolutely no criticism for Bill English many assertions and rhetoric that government spending will drive up inflation, and force interest rates up! Meanwhile inflation is still at the low end of the RBNZ targets and seems to be falling. They could be pointing to that for a start.
Or on Treasury as a constraint of Labour policy (even while in opposition),
“Underlying every number in this paper are Treasury’s projections for the economy and the Crown accounts; we haven’t created our own projections, simply laid the fiscal effects of our policies on top of Treasury’s”
So good old vanilla right wing economic constraint on Labour’s alternative budget. While in office of course they prepare the budget together (Gee, I wonder how that goes).
“Now, apparently, anyone who doesn’t immediately accept the A+B theorem at face value is to be denounced as a “neoliberal”.”
I was quite explicit about what kind of policy is considered neo-liberal for this reason. Its not just policy I don’t agree with, its a particular kind policy, strongly aligned with main-stream economic thinking. I guess its not surprising that you don’t agree with this given your economic beliefs appear to align well enough with the same main-stream economic thinking and you don’t want to label yourself neo-liberal.
“After all, several of these supposedly “neoliberal” ideas were apparently practised by the first Labour government, goddamned tories that they were…”
As I clearly said multiple times its a combination not just one policy or idea. Another straw man argument by you, not an argument I have put forward.
1) Labour won’t spend without taxation,
“Make sure the highest income New Zealanders and corporations pay their fair share of tax so we can afford to invest in health, education, and upgrading the economy”
A tendency they’ve had since before the first Labour government.
2) Labour won’t spend to increase employment,
“Limit operating spending from new policies to less than the new operating spending allowances projected in Budget 2014 plus the net increase in revenue resulting from new policies,”
reread the bit in italics, then refer to point 1 again.
4) See Lab5 term. Surpluses = leaving it entirely up to monetary policy to support employment.
Those two things do not equal each other. The first means money in is greater than money out. The second means not spending anything, just adjusting the OCR.
3) Absolutely no criticism for Bill English many assertions and rhetoric that government spending will drive up inflation, and force interest rates up! Meanwhile inflation is still at the low end of the RBNZ targets and seems to be falling. They could be pointing to that for a start.
Seriously? The evidence you have is that Labour haven’t criticised National in exactly the way you want, so that’s evidence they’re neoliberals?
Or on Treasury as a constraint of Labour policy (even while in opposition),
“Underlying every number in this paper are Treasury’s projections for the economy and the Crown accounts; we haven’t created our own projections, simply laid the fiscal effects of our policies on top of Treasury’s”
So good old vanilla right wing economic constraint on Labour’s alternative budget. While in office of course they prepare the budget together (Gee, I wonder how that goes).
Or it just says that even by the tory standards it’s a better budget than what national can deliver. That’s not neoliberal – that’s pointing out the nats are shit at their own game. If they hadn’t used underlying treasury projections, the they’d open themselves to claims they were using outlandish figures. That’s middle of the road, not far right.
I was quite explicit about what kind of policy is considered neo-liberal for this reason. Its not just policy I don’t agree with, its a particular kind policy, strongly aligned with main-stream economic thinking. I guess its not surprising that you don’t agree with this given your economic beliefs appear to align well enough with the same main-stream economic thinking and you don’t want to label yourself neo-liberal.
More of the “if not with us then against us” rhetoric.
So is “main-stream economic thinking” simply “neoliberal” then? I’m not so sure about that, what with Stiglitz, Piketty etc.
As I clearly said multiple times its a combination not just one policy or idea. Another straw man argument by you, not an argument I have put forward.
Did you miss my fraunhofer line comment?
The thing is that most of your examples of offending policy were practised by Lab1. So you actually are left with just one or two Labour policies that might be regarded as being to the right of the politico-economic spectrum.
If Labour were truly “far right”, they would have gone into minority coalition with the nats rather than tolerate the renationalisation of kiwirail or the founding of kiwibank. They would have continued privatisations, shrunk the size of the public service, and so on.
“So is “main-stream economic thinking” simply “neoliberal” then? I’m not so sure about that, what with Stiglitz, Piketty etc.”
Mostly it is. But I would suggest that economists like Stiglitz, Piketty could reasonably be excluded, mostly because they have mostly submitted criticism’s of it.
“Did you miss my fraunhofer line comment?”
No, I dismissed it. It makes little sense to say that you can’t differentiate between political parties because they all have policies dispersed across the political spectrum. Its also not true, if you believed it yourself you could not tell any difference between Labour and National (or any other political party) based on their policies (which are all purportedly scattered across the political spectrum). You clearly don’t believe that yourself.
“If Labour were truly “far right”, they would have gone into minority coalition with the nats rather than tolerate the renationalisation of kiwirail or the founding of kiwibank. They would have continued privatisations, shrunk the size of the public service, and so on.”
If politics was a pure competition in similar ideas, then maybe. But then again if that was what it was no doubt Labour would have gone into government with the Green’s rather than agreeing confidence and supply. What you are suggesting ‘would happen’ doesn’t seem like its a very good strategy for political parties in practice. Look at what has happened to the Lib Dems in the UK, or the Maori party in NZ when they go into coalition with the ‘other side’ it doesn’t usually work out very well at the next election.
“Labour won’t spend without taxation,” Fair enough this was not clear enough. I should have said,
Labour won’t commit to additional spending without additional taxation.
“Labour won’t spend to increase employment,”or this one should have been, Labour won’t commit additional spending to increase employment. Note, if your taxing as much as your additional spending (as Labour promises) then this means little to no net effect on employment. Put another way, however much employment the market is currently providing, that’s as much as your getting under Labour.
“Those two things do not equal each other. The first means money in is greater than money out. The second means not spending anything, just adjusting the OCR.”
If the government is running a surplus they are extracting spending from the economy and this leaves all support for employment up to monetary policy. No government can do zero spending annually, it simply doesn’t work (or happen).
“Or it just says that even by the tory standards it’s a better budget than what national can deliver. That’s not neoliberal – that’s pointing out the nats are shit at their own game. If they hadn’t used underlying treasury projections, the they’d open themselves to claims they were using outlandish figures. That’s middle of the road, not far right.” – McFlock
“Treasury is extremely right wing – Labour aren’t” – McFlock
What else do treasury do (which they are extremely right wing at) if its not economic budgets and forecasting?
No, I dismissed it. It makes little sense to say that you can’t differentiate between political parties because they all have policies dispersed across the political spectrum. Its also not true,
Lucky that’s not the point of the analogy, then. Astrophysicists can differentiate between stars using Fraunhofer lines. To a certain degree that’s their main use: determining the composition of individual stars so we know more about those stars.
“If Labour were truly “far right”, they would have gone into minority coalition with the nats rather than tolerate the renationalisation of kiwirail or the founding of kiwibank. They would have continued privatisations, shrunk the size of the public service, and so on.”
If politics was a pure competition in similar ideas, then maybe. But then again if that was what it was no doubt Labour would have gone into government with the Green’s rather than agreeing confidence and supply. What you are suggesting ‘would happen’ doesn’t seem like its a very good strategy for political parties in practice. Look at what has happened to the Lib Dems in the UK, or the Maori party in NZ when they go into coalition with the ‘other side’ it doesn’t usually work out very well at the next election.
So Labour are “far right” in principle, just not in practise because that would lose them votes?
“Labour won’t spend without taxation,” Fair enough this was not clear enough. I should have said,Labour won’t commit to additional spending without additional taxation.
“Labour won’t spend to increase employment,”or this one should have been, Labour won’t commit additional spending to increase employment. Note, if your taxing as much as your additional spending (as Labour promises) then this means little to no net effect on employment. Put another way, however much employment the market is currently providing, that’s as much as your getting under Labour.
Unless money is taxed from unproductive areas like capital gains and people on high incomes and given to people who immediately recirculate most of their money into local spending rather than hoarding it or betting on the stockmarket. Take the money from the money sinks and redistribute it back through the regions.
“Those two things do not equal each other. The first means money in is greater than money out. The second means not spending anything, just adjusting the OCR.”
If the government is running a surplus they are extracting spending from the economy and this leaves all support for employment up to monetary policy. No government can do zero spending annually, it simply doesn’t work (or happen).
Taxing the rich extracts corporate investment money from the economy, and giving it to the poor injects spending money because poor people spend all their income often within the week they get it.
“Or it just says that even by the tory standards it’s a better budget than what national can deliver. That’s not neoliberal – that’s pointing out the nats are shit at their own game. If they hadn’t used underlying treasury projections, the they’d open themselves to claims they were using outlandish figures. That’s middle of the road, not far right.” – McFlock
“Treasury is extremely right wing – Labour aren’t” – McFlock
What else do treasury do (which they are extremely right wing at) if its not economic budgets and forecasting?
You sort of miss the point that Labour overlaid their plans for housing market reform, expanding free primary healthcare, R&D tax credits, and power market reform and all the rest of it on top of treasury’s bunk forecasts and it still added up better than National managed. Many of the individual policies are anathema to the neolib userpays mentality.
“To a certain degree that’s their main use: determining the composition of individual stars so we know more about those stars”
You’d want to be careful about this analogy of course, taken too far it could be that Labour has neo-liberal materials making it up. We might detect this based on policies it ’emits’.
Using physics analogies to ‘model’ politics is of course of pretty limited value. My main point is that the notion political parties just form together based on wanting to implement their policies (which of course they are always truthful about) is not correct and simplistic. Labour and National will always see themselves and act in competition, and some significant examples of parties going with the other side have resulting in follow up routes. If its reasonable politics or not, ‘turn-coat’ parties frequently lose a large chunk of support.
“So Labour are “far right” in principle, just not in practise because that would lose them votes?”
This seems to be where your going wrong, the mainstream of economics is not the ‘far right’ of politics. It is neo-liberal however which is as I stated in my earliest comments neo-classical economics. I heard a statement recently, from economics circles, to the effect of, that there had been no ‘left-wing’ appointments in NZ university economics departments in the last 20 years or so. This also accords with things as I put them.
“Unless money is taxed from unproductive areas like capital gains and people on high incomes and given to people who immediately recirculate most of their money into local spending rather than hoarding it or betting on the stockmarket. Take the money from the money sinks and redistribute it back through the regions”
Good luck with that. I think you will find that standard income tax is not nearly so specific about what is collected, or progressive in action.
“Taxing the rich extracts corporate investment money from the economy, and giving it to the poor injects spending money because poor people spend all their income often within the week they get it”
Maybe, its still doesn’t provide as much stimulation as not adding any taxes and spending the money anyway, however. Its also very difficult to use government policy to target spending effectively because government policies are by necessity quite a blunt instrument.
“You sort of miss the point that Labour overlaid their plans for housing market reform, expanding free primary healthcare, R&D tax credits, and power market reform and all the rest of it on top of treasury’s bunk forecasts and it still added up better than National managed. Many of the individual policies are anathema to the neolib userpays mentality”
What do you mean by added up better? Nobody really knows what’s going to happen when the budget is implemented. Labour had a large tax component in its policies, maybe the economy will react particularly negatively to the additional taxation and tank resulting in higher unemployment under Labour than we have today. Anyway if you are following Treasury on this then the overall fiscal balance is at best long run neutral, so your over-all fiscal balance is effectively neo-liberal economic policy.
I am reliably informed that before the Douglas era, governments used to follow Keynesian prescriptions and those included not paying as much attention to the surplus/deficit as to the unemployment/employment rate (and that was during an era of fixed exchange rates to boot). As I see it any party which perpetuates that has sold its political soul to the neo-liberals and will continue to be a part of the problem (regardless of its intentions).
“To a certain degree that’s their main use: determining the composition of individual stars so we know more about those stars”
You’d want to be careful about this analogy of course, taken too far it could be that Labour has neo-liberal materials making it up. We might detect this based on policies it ’emits’.
Of course it does. The Chairman, for example, pointed out that Labour did some work on PPPs. But as you have noted it’s not down to one policy “element”, it’s the full package – I’m sure if we squint hard we’d find some left wing “elements” as well.
Using physics analogies to ‘model’ politics is of course of pretty limited value. My main point is that the notion political parties just form together based on wanting to implement their policies (which of course they are always truthful about) is not correct and simplistic. Labour and National will always see themselves and act in competition, and some significant examples of parties going with the other side have resulting in follow up routes. If its reasonable politics or not, ‘turn-coat’ parties frequently lose a large chunk of support.
But on the other hand, the full neoliberal governments of the last thirty years implement their policy objectives with very little compromise for electability or even the observed consequences of those policies. Douglas etc in Lab4. Shipley answering reporters’ questions about 1XXk unemployment with the desperate mantra “the market will correct itself”. Even the current nat government implements its policy without much compromise and operates the election campaigns in a manner disconnected from policy.
“So Labour are “far right” in principle, just not in practise because that would lose them votes?”
This seems to be where your going wrong, the mainstream of economics is not the ‘far right’ of politics. It is neo-liberal however which is as I stated in my earliest comments neo-classical economics. I heard a statement recently, from economics circles, to the effect of, that there had been no ‘left-wing’ appointments in NZ university economics departments in the last 20 years or so. This also accords with things as I put them.
Neo-liberal isn’t far right? You might want to tell that to CV.
“Unless money is taxed from unproductive areas like capital gains and people on high incomes and given to people who immediately recirculate most of their money into local spending rather than hoarding it or betting on the stockmarket. Take the money from the money sinks and redistribute it back through the regions”
Good luck with that. I think you will find that standard income tax is not nearly so specific about what is collected, or progressive in action.
It’s better than GST, even at current rates with current bands. So your “fiscally neutral” (not) tax cut still had a detrimental effect on employment.
“Taxing the rich extracts corporate investment money from the economy, and giving it to the poor injects spending money because poor people spend all their income often within the week they get it”
Maybe, its still doesn’t provide as much stimulation as not adding any taxes and spending the money anyway, however.
Indeed, if that weren’t the seed of its own problems (and believing that isn’t particularly right wing or neoliberal).
Its also very difficult to use government policy to target spending effectively because government policies are by necessity quite a blunt instrument.
Actually, they can be quite precise: you have unemployment in Northland, so you build roads and infrastructure in Northland. You increase benefits to the unemployed, and that money is immediately spent in predominantly economically depressed areas.
“You sort of miss the point that Labour overlaid their plans for housing market reform, expanding free primary healthcare, R&D tax credits, and power market reform and all the rest of it on top of treasury’s bunk forecasts and it still added up better than National managed. Many of the individual policies are anathema to the neolib userpays mentality”
What do you mean by added up better? Nobody really knows what’s going to happen when the budget is implemented. Labour had a large tax component in its policies, maybe the economy will react particularly negatively to the additional taxation and tank resulting in higher unemployment under Labour than we have today. Anyway if you are following Treasury on this then the overall fiscal balance is at best long run neutral, so your over-all fiscal balance is effectively neo-liberal economic policy.
I pay little attention to Treasury. And again, you seem to be calling balancing the government books a neolib fetish that wasn’t a concern prior to 1984. Is that your position, or are you arguing something else?
edit: “adding up better” – looking better than the nats in their own dogma, with less economic fudging, and still providing better social policy.
And besides, if capital flight occurs, good riddance to ’em /edit
I am reliably informed that before the Douglas era, governments used to follow Keynesian prescriptions and those included not paying as much attention to the surplus/deficit as to the unemployment/employment rate (and that was during an era of fixed exchange rates to boot). As I see it any party which perpetuates that has sold its political soul to the neo-liberals and will continue to be a part of the problem (regardless of its intentions).
Okay, if pre-Lange governments didn’t pay much attention to deficits, which of them had higher crown debt (gorss, net, absolute or %gdp, whatever makes you happy) levels than the current lot? And why did the second labour government bother with the “black budget” if it was happy to just print more cash?
BTW, just while I remember: thanks for the discussion – it has made me question some of my assumptions and look into knowledge gaps I hadn’t really noticed before. 🙂
“It’s better than GST, even at current rates with current bands. So your “fiscally neutral” (not) tax cut still had a detrimental effect on employment.”
When I point to the fact they were (arguably) fiscally neutral I am not disputing that this shift towards GST had negative effects on employment.
“Okay, if pre-Lange governments didn’t pay much attention to deficits, which of them had higher crown debt (gorss, net, absolute or %gdp, whatever makes you happy) levels than the current lot?”
I don’t think looking at crown debt is a very good measure here, because it can start from low levels, or debt might not be issued. Ideally you can look at the deficit using something resembling modern accounting, but that gets more difficult the further back you go in time.
It might also be noted how one of the main legacies of Muldoon was the think big projects, which were already much more Keynesian than the following Labour government.
“And why did the second labour government bother with the “black budget” if it was happy to just print more cash?”
The black budget was associated with a balance of payments crisis. This is usually associated with a need to devalue a fixed exchange rate. Similar things have been observed to occur for both fixed exchange rate mechanisms and gold/silver standard systems, where the government faces a difficult choice between devaluing or cutting back stimulus probably increasing unemployment.
Because NZ floats its exchange rate this is much less of a big deal for the NZ economy these days. The devaluation effects are less strong under a floating exchange rate because when speculators see a likely event of a devaluation they want to cash out immediately (rather than waiting for the devaluation) which puts additional drain on the reserves. So on a gold standard, if it becomes clear that the government is unable to maintain it and is likely to devalue, then speculators want to cash out immediately at the higher exchange rate and this drains gold out putting additional pressure on the exchange rate.
“And again, you seem to be calling balancing the government books a neolib fetish that wasn’t a concern prior to 1984. Is that your position, or are you arguing something else?”
This is absolutely my position, yes. Balancing the books is a neolib fetish. The IMF for example provides loads of documentation supporting this contention.
I think you subscribe to a theory of the institution of money which comes from the present main-stream of economics. If you are interested in how I reached my conclusions I suggest you look at this post. It explains the basics of how money works (as I see it) including why money is used to begin with. http://bilbo.economicoutlook.net/blog/?p=332
As I see it this theory is significantly superior in the scientific sense to the main-stream theory, and certainly testable.
sorry about the delay – been a bit busy to switch into the headspace.
Ok, so government deficits are apparently less important now because of the floating exchange rate. But that only removes the speculative crash with each manual devaluation – the currency still devalues if it is oversupplied, and this then requires inflationary effects because we’re in a global economy. So arguing that the money supply is “limitless” ignores the practical limits on the utility of the currency.
Secondly, if maintaining a balanced budget (e.g. to address the balance of payments) decreased in importance after floating the dollar, that only happened under Roger Douglas. So an alternative perspective is that rather than being “neoliberal”, the Labour (and, I’d suggest, the conventional NZ layperson’s view as to government fiscal competence being analogous to their household finances correct or not) might merely be “out of date”.
“But that only removes the speculative crash with each manual devaluation – the currency still devalues if it is oversupplied, and this then requires inflationary effects because we’re in a global economy. So arguing that the money supply is “limitless” ignores the practical limits on the utility of the currency.”
Yes, its possible for the exchange rate to fall, because of a plenty-full supply of currency. However there are many many much more significant effects on the foreign exchange markets than the deficit, and it tends to be largely self correcting anyway.
One important point about deficit spending and its effects on inflation is all spending creates exactly equivalent inflationary pressures. So when somebody borrows money to make a house purchase, this creates as much inflationary pressure as the equivalent amount of deficit spending.
No, pointing out its limitless, its just about making cogent arguments. The government has an unlimited budget so in order to justify restricting spending it needs to show the negative impacts of that spending. I didn’t claim at any stage that government spending has no effects on the exchange rate or inflation, but we need to look at the actual effects, not some fictitious belief that the budget should be balanced. If you look at some of the justifications for balanced budgets, e.g Ricardian Equivalence, NAIRU, Crowding Out, they are utterly ridiculous. Its only by hiding behind false household budget analogies that these ideas survive public scrutiny.
“So an alternative perspective is that rather than being “neoliberal”, the Labour (and, I’d suggest, the conventional NZ layperson’s view as to government fiscal competence being analogous to their household finances correct or not) might merely be “out of date””
It’s certainly wrong to believe that, but oddly it was better before this restraint was removed. This is part of why its important to explain the plain facts.
look, whether Labour is to the left of the right, or the right of the left, of the political spectrum is a reasonable argument if you can be bothered with it. The spectrum is broad and any party would have a package of policies that are like Fraunhofer lines, with collections of elements that might be conservative or liberal, left or right.
But CV said “far right”: the dwelling-ground of fascists, randian superheroes, and religious ultra-conservatives. Yeah, nah.
and yet Lab5 still chose to implement Alliance and Green policies rather than forming a coalition with nact, such as renationalising kiwirail. Like I said, “any party would have a package of policies that are like Fraunhofer lines, with collections of elements that might be conservative or liberal, left or right”.
No, but it easy fit into ACT it clearly shows that the policy is pretty neo-liberal. It depends how many of these it has, as I see it too many of the headline policies.
In particular, if your party has a belief it has financial constraints dictated by the market, don’t complain when it implements pro-cyclical policies including retrenchment in response to economic downturns.
If so, the centre and left of the political spectrum are good for maybe 10 per cent of the vote. In which case, either NZ is a utopia for the far right, or your concept of the political spectrum is completely fucked. I wonder which it is?
Exactly PM. NZ is generally left-ish, most Kiwiblog readers are spewing that Key has (at least pretended to) steal loads of Labour policies (CGT, public transport, cycleways, paying teachers and nurses, not being fascist) and plastered the Gnats all over the middle of the voting spectrum
The background of Nash is an example of something I have noticed about Labour and National. The children of politicians and connected functionaries find it a fertile area to advance themselves, using their parent’s connections and understandings. But they may not have their parent’s sense of allegiance to the core beliefs of the Party and its sense of some responsibility to the country and the people. Labour for instance has this Nash chap, descendant of a former Labour follower. Roger Douglas, another of these. I’m sure there are more.
Thinking about it brought a part of a recently read novel to mind. It is by Ruth Rendell (Talking to Strange Men) and she explores the genesis of an amoral gang of youths and how a culture of immoral behaviour can develop. They are mostly male teenagers, the group is secret and select and has formed rules and methods that all use and comply with and loyalty is required.
Rendell has the contender who has been handed the leadership thinking:
“They would see some changes now. Mungo-style scruples… (of the previous leader)
would have no place in the new regime. When you considered what could be accomplished with scruples, all that planning, information…how much more was possible when scruples were discarded?
That code nonsense should go. It had always been artificial….The ban on what Mungo rather naively called ‘dishonesty’ – that must be the first to go. A kind of Mafia, Charles (new leader) decided he had in mind, but run by the cream of a rising generation, the country’s best brains, a youthful public school elite, headed by one who had already killed his man…(Charles had killed by pushing a man to fall down stairs but was safe from discovery as no-one had knowledge of it.)”
And just what is that supposed to mean?
That is just about as silly as the British royalty rules that you have to have “Royal Blood”, whatever that is supposed to mean. Is it really blue, perhaps?
I suppose you hate Bill Clinton because he was in fact adopted by a man named Clinton?
Just a fact that not many people may know – I don’t hate anyone. Stuart Nash has been involved with adoption issues in the past in his parliamentary career, that’s all. Greywarshark had talked about Stuart Nash’s past, which was why I mentioned it. He talked about finding his birth mother in an article a good while back.
It’s strange that “facts” are no longer allowed to be talked about. Maybe alwyn is taking the lead from the NZ Herald – they never let facts get in the way of a good “story” these days!
I agree that nurture can sometimes seem stronger than nature – although some of the studies done on identical twins separated at birth and adopted by different families, who don’t even meet each other till they are grown yet share so many traits etc, makes me think that genetics are more powerful than we realise. The more we know, the more we realise how much we don’t know I guess!
Putin to Netanyahu: Russia’s Actions in Mideast Will Always Be Responsible
TPS / Tazpit News Agency
“…Putin also doubted Netanyahu’s suggestion that the Syrian government would open up a terrorist front against Israel.
“In regard to Syria, we know that the Syrian army is in a situation such that it is incapable of opening a new front,” argued Putin.
Although diplomatic relations between Israel and Russia have grown and advanced since the fall of the Soviet Union, significant differences remain between both countries on various Middle East issues.
Russia maintains strong connections with Iran and Syria, both of which are enemy regimes of Israel.
In contrast with Israel, Russia also views Syria’s President Basher al-Assad as a necessity for maintaining stability and order in Syria.
Despite existing disagreements, both leaders assured the other of maintaining good relations.
“In all of the relations between us, whether I agreed and also when we differed, our discourse has always been conducted with mutual respect and openness,” Netanyahu told Putin.
While Putin made it clear that Russia’s “main goal is to defend the Syrian state,” he also expressed a cordial greeting to Netanyahu.
“I understand your concern and I am very pleased that you have come here to discuss all issues in detail,” Putin said to Netanyahu. …”
Interesting …..
Is Russia going to buy Israeli goods to help replace those that they may longer buy from Turkey?
Robert Glennie
Political policy must be fleet of foot in this era of hypocricy, loud statements, quiet counter-plots, avowed intentions and obvious contradictory actions. One must no doubt, tread softly, usually, with a pocketed velvet covered knuckleduster. Also be prepared to be flexible in order to survive. What cordial would you serve at the high-level meetings?
Would Putin be so cordial should Netanyahu ever decide to bomb Iran
Putin would work through the situation diplomatically. Put it this way: Israel hates Hezbollah and Iran with a vengeance – but Russia has helped convinced Israel not to strike at Hezbollah and Iranian fighters taking on ISIS in the north of Syria.
That’s Russian diplomacy at work.
In any event, Putin will do what ever is good for Russia.
Interesting set of interviews and discussions on Q+A this morning. JK got grilled reasonably thoroughly about a Colmar Brunton poll about things most NZers are concerned about (pay rates, job security etc) and when Michelle Boag tried to skew the following discussion by saying that people were only allowed to rank pre-selected issues, jose Pagani managed to make the point that the poll process included a pre-poll which identified the issues that the later poll saw ranked.
I can’t say that I was as impressed later in the show when she seemed to (STILL) by backing Shane Jones to head the Labour Party, though. After an interview with Jones about Pacific issues (no mention of climate change), panellists were asked where they saw him in 5 years. Pagani answered “”Leader of a social democratic party – possibly the Labour Party”. Get over it, Jose!
Pagani does not represent left wing thinking.
She is given a pulpit because she is what the establishment wants the Labour Party to be.
The term fifth columnist comes to mind.
The first claim made over the last five years, both during coalition and now whilst governing alone, is that the economy is made inherently stronger if public spending is constrained and if high levels of public debt can be avoided.
The problem with that claim is that the evidence appears to show that an economy can be made weaker with the state improving its finances at the expense of its citizens. As consumers move into debt, either to finance large costs or simply because their disposable income no longer allows them to meet all their needs, household debt rises to dangerous levels that the OECD associates with an increased risk of recession.
TL;DR
Government going in to surplus weakens and eventually destroys the economy.
A Swiss newspaper is reporting that imprisoned Saudi blogger Raif Badawi could have his sentence of 1,000 lashes suspended, but Amnesty International has yet to confirm the news.
The Swiss Secretary of Foreign Affairs Yves Rossier told the Fribourg daily newspaper La Liberté that Badawi’s sentence was suspended.
“A royal pardon is in the works thanks to the head of state, King Salman bin Abdulaziz Al Saud,” he said.
“Loo explained in a posting on the Labour-aligned political blog, The Standard”
Chris Trotter failing to comprehend the difference between the labour movement and Labour. He is not the first of course. But it isnt a difficult concept
Internally, however, Walmart considered the group enough of a threat that it hired an intelligence-gathering service from Lockheed Martin, contacted the FBI, staffed up its labor hotline, ranked stores by labor activity, and kept eyes on employees (and activists) prominent in the group. During that time, about 100 workers were actively involved in recruiting for OUR Walmart, but employees (or associates, as they’re called at Walmart) across the company were watched; the briefest conversations were reported to the “home office,” as Walmart calls its headquarters in Bentonville, Ark.
As I’ve said before, the real problem of mass surveillance isn’t the government but the corporations. They will watch everything that you do and take action against you and you won’t even know.
“We were told by john key on q&a to support the success of our economy that we have experienced pay increases of 3% on average”
Note the last 2 words. The average goes up a lot when a small group of CEOs get massive rises, but it means nothing for the minimum-wage people who clean their offices. This govt have form for lying about stats.
Photo: Lynn Grieveson / The KākāTL;DR: My top six things to note around housing, climate and poverty in Aotearoa’s political economy in the week to July 27 were:1. The Minister for Ford Rangers strikes againTransport Minister Simeon Brown was again the busiest of the Cabinet ministers this week, announcing an ...
You got a fast carAnd I want a ticket to anywhereMaybe we make a dealMaybe together we can get somewhereAny place is betterYesterday’s newsletter, Trust In Me, on the report of abuse in state care, and by religious organisations, between 1950 and 2019, coupled with the hypocrisy of Christopher Luxon ...
New Zealand is again having to reconcile conflicting pressures from its military and its trade interests. Should we join Pillar Two of AUKUS and risk compromising our markets in China? For a century after New Zealand was founded in 1840, its external security arrangements and external economics arrangements were aligned. ...
The ‘50 Shades of Green’ farmers’ protest in 2019 was heavy on climate change denial, but five years on, scepticism and criticism about the idea that pine forests can save us is growing across the board. File photo: Lynn GrievesonTL;DR: Here’s the top six news items of note in climate ...
This morning the sky was bright.The birds, in their usual joyous bliss. Nature doesn’t seem to feel the heat of what might angst humans.Their calls are clear and beautiful.Just some random thoughts:MāoriPaul Goldsmith has announced his government will roll back the judiciary’s rulings on Māori Customary Marine Title, which recognises ...
In 2003, the Court of Appeal delivered its decision in Ngati Apa v Attorney-General, ruling that Māori customary title over the foreshore and seabed had not been universally extinguished, and that the Māori Land Court could determine claims and confirm title if the facts supported it. This kicked off the ...
Earlier this week at Parliament, Labour leader Chris Hipkins was applauded for saying that the response to the final report of the Royal Commission of Inquiry into Abuse in Care had to be “bigger than politics.” True, but the fine words, apologies and “we hear you” messages will soon ring ...
TL;DR: In news breaking this morning:The Ministry of Education is cutting $2 billion from its school building programme so the National-ACT-NZ First Coalition Government has enough money to deliver tax cuts; The Government has quietly lowered its child poverty reduction targets to make them easier to achieve;Te Whatu Ora-Health NZ’s ...
Kia ora. These are some stories that caught our eye this week – as always, feel free to share yours in the comments. Our header image this week (via Eke Panuku) shows the planned upgrade for the Karanga Plaza Tidal Swimming Steps. The week in Greater Auckland On ...
1. What's not to love about the way the Harris campaign is turning things around?a. Nothingb. Love all of itc. God what a reliefd. Not that it will be by any means easye. All of the above 2. Documents released by the Ministry of Health show Associate Health Minister Casey ...
Trust in me in all you doHave the faith I have in youLove will see us through, if only you trust in meWhy don't you, you trust me?In a week that saw the release of the 3,000 page Abuse in Care report Christopher Luxon was being asked about Boot Camps. ...
TL;DR: The podcast above of the weekly ‘hoon’ webinar for paying subscribers last night features co-hosts and talking about the Royal Commission Inquiry into Abuse in Carereport released this week, and with:The Kākā’s climate correspondent on a UN push to not recognise carbon offset markets and ...
TL;DR: As of 6:00 am on Friday, July 26, the top six announcements, speeches, reports and research around housing, climate and poverty in Aotearoa’s political economy in the last day are:Transport: Simeon Brown announced$802.9 million in funding for 18 new trains on the Wairarapa and Manawatū rail lines, which ...
The northern expressway extension from Warkworth to Whangarei is likely to require radical changes to legislation if it is going to be built within the foreseeable future. The Government’s powers to purchase land, the planning process and current restrictions on road tolling are all going to need to be changed ...
Text within this block will maintain its original spacing when publishedFirst they came for the doctors But I was confused by the numbers and costs So I didn't speak up Then they came for our police and nurses And I didn't think we could afford those costs anyway So I ...
Photo by Joshua J. Cotten on UnsplashWe’re back again after our mid-winter break. We’re still with the ‘new’ day of the week (Thursday rather than Friday) when we have our ‘hoon’ webinar with paying subscribers to The Kākā for an hour at 5 pm.Jump on this link on YouTube Livestream ...
Notes: This is a free article. Abuse in Care themes are mentioned. Video is at the bottom.BackgroundYesterday’s report into Abuse in Care revealed that at least 1 in 3 of all who went through state and faith based care were abused - often horrifically. At least, because not all survivors ...
Luxon speaks in Parliament yesterday about the Abuse in Care report. Photo: Hagen Hopkins/Getty ImagesTL;DR: The top six things I’ve noted around housing, climate and poverty in Aotearoa’s political economy today are:PM Christopher Luxon said yesterday in tabling the Abuse in Carereport in Parliament he wanted to ‘do the ...
About a decade ago I worked with a bloke called Steve. He was the grizzled veteran coder, a few years older than me, who knew where the bodies were buried - code wise. Despite his best efforts to be approachable and friendly he could be kind of gruff, through to ...
Some of the recent announcements from the government have reminded us of posts we’ve written in the past. Here’s one from early 2020. There were plenty of reactions to the government’s infrastructure announcement a few weeks ago which saw them fund a bunch of big roading projects. One of ...
TL;DR: My pick of the top six links elsewhere around housing, climate and poverty in Aotearoa’s political economy in the last day or so to 7:00 am on Thursday, July 25 are:News: Why Electric Kiwi is closing to new customers - and why it matters RNZ’s Susan EdmundsScoop: Government drops ...
Hi,I felt a small wet tongue snaking through one of the holes in my Crocs. It explored my big toe, darting down one side, then the other. “He’s looking for some toe cheese,” said the woman next to me, words that still haunt me to this day.Growing up in New ...
Yesterday I happily quoted the Prime Minister without fact-checking him and sure enough, it turns out his numbers were all to hell. It’s not four kg of Royal Commission report, it’s fourteen.My friend and one-time colleague-in-comms Hazel Phillips gently alerted me to my error almost as soon as I’d hit ...
TL;DR: As of 6:00 am on Thursday, July 25, the top six announcements, speeches, reports and research around housing, climate and poverty in Aotearoa’s political economy in the last day were:The Abuse in Care Royal Commission of Inquirypublished its final report yesterday.PM Christopher Luxon and The Minister responsible for ...
The Official Information Act has always been a battle between requesters seeking information, and governments seeking to control it. Information is power, so Ministers and government agencies want to manage what is released and when, for their own convenience, and legality and democracy be damned. Their most recent tactic for ...
TL;DR: The top six things I’ve noted around housing, climate and poverty in Aotearoa’s political economy today are:Transport and Energy Minister Simeon Brown is accelerating plans to spend at least $10 billion through Public Private Partnerships (PPPs) to extend State Highway One as a four-lane ‘Expressway’ from Warkworth to Whangarei ...
I live my life (woo-ooh-ooh)With no control in my destinyYea-yeah, yea-yeah (woo-ooh-ooh)I can bleed when I want to bleedSo come on, come on (woo-ooh-ooh)You can bleed when you want to bleedYea-yeah, come on (woo-ooh-ooh)Everybody bleed when they want to bleedCome on and bleedGovernments face tough challenges. Selling unpopular decisions to ...
Please note:To skip directly to the- parliamentary footage in the video, scroll to 1:21 To skip to audio please click on the headphone iconon the left hand side of the screenThis video / audio section is under development. ...
Given the crackdown on wasteful government spending, it behooves me to point to a high profile example of spending by the Luxon government that looks like a big, fat waste of time and money. I’m talking about the deployment of NZDF personnel to support the US-led coalition in the Red ...
TL;DR: My pick of the top six links elsewhere around housing, climate and poverty in Aotearoa’s political economy in the last day or so to 7:40 am on Wednesday, July 24 are:Deep Dive: Chipping away at the housing crisis, including my comments RNZ/Newsroom’s The DetailNews: Government softens on asset sales, ...
As I reported about the city centre, Auckland’s rail network is also going through a difficult and disruptive period which is rapidly approaching a culmination, this will result in a significant upgrade to the whole network. Hallelujah. Also like the city centre this is an upgrade predicated on the City ...
Today, a 4 kilogram report will be delivered to Parliament. We know this is what the report of the Royal Commission of Inquiry into Abuse in State and Faith-based Care weighs, because our Prime Minister told us so.Some reporter had blindsided him by asking a question about something done by ...
TL;DR: As of 7:00 am on Wednesday, July 24, the top six announcements, speeches, reports and research around housing, climate and poverty in Aotearoa’s political economy in the last day are:Beehive:Transport Minister Simeon Brownannounced plans to use PPPs to fund, build and run a four-lane expressway between Auckland ...
NewstalkZB host Mike Hosking, who can usually be relied on to give Prime Minister Christopher Luxon an easy run, did not do so yesterday when he interviewed him about the HealthNZ deficit. Luxon is trying to use a deficit reported last year by HealthNZ as yet another example of the ...
Back in January a StatsNZ employee gave a speech at Rātana on behalf of tangata whenua in which he insulted and criticised the government. The speech clearly violated the principle of a neutral public service, and StatsNZ started an investigation. Part of that was getting an external consultant to examine ...
Renting for life: Shared ownership initiatives are unlikely to slow the slide in home ownership by much. Photo: Lynn Grieveson / The KākāTL;DR: The top six things I’ve noted around housing, climate and poverty in Aotearoa’s political economy today are:A Deloittereport for Westpac has projected Aotearoa’s home-ownership rate will ...
You're broken down and tiredOf living life on a merry go roundAnd you can't find the fighterBut I see it in you so we gonna walk it outAnd move mountainsWe gonna walk it outAnd move mountainsAnd I'll rise upI'll rise like the dayI'll rise upI'll rise unafraidI'll rise upAnd I'll ...
There’s been a change in Myers Park. Down the steps from St. Kevin’s Arcade, past the grassy slopes, the children’s playground, the benches and that goat statue, there has been a transformation. The underpass for Mayoral Drive has gone from a barren, grey, concrete tunnel, to a place that thrums ...
This is a re-post from Yale Climate Connections Global society may have finally slammed on the brakes for climate-warming pollution released by human fossil fuel combustion. According to the Carbon Monitor Project, the total global climate pollution released between February and May 2024 declined slightly from the amount released during the same ...
TL;DR: My pick of the top six links elsewhere around housing, climate and poverty in Aotearoa’s political economy in the last day or so to 7:00 am on Tuesday, July 23 are:Deep Dive: Penlink: where tolling rhetoric meets reality BusinessDesk-$$$’sOliver LewisScoop:Te Pūkenga plans for regional polytechs leak out ...
TL;DR: As of 6:00 am on Tuesday, July 23, the top six announcements, speeches, reports and research around housing, climate and poverty in Aotearoa’s political economy in the last day are:Health: Shane Reti announcedthe Board of Te Whatu Ora-Health New Zealand was being replaced with Commissioner Lester Levy ...
Health NZ warned the Government at the end of March that it was running over Budget. But the reasons it gave were very different to those offered by the Prime Minister yesterday. Prime Minister Christopher Luxon blamed the “botched merger” of the 20 District Health Boards (DHBs) to create Health ...
Long ReadKey Summary: Although National increased the health budget by $1.4 billion in May, they used an old funding model to project health system costs, and never bothered to update their pre-election numbers. They were told during the Health Select Committees earlier in the year their budget amount was deficient, ...
As a momentous, historic weekend in US politics unfolded, analysts and commentators grasped for precedents and comparisons to help explain the significance and power of the choice Joe Biden had made. The 46th president had swept the Democratic party’s primaries but just over 100 days from the election had chosen ...
TL;DR: I’m casting around for new ideas and ways of thinking about Aotearoa’s political economy to find a few solutions to our cascading and self-reinforcing housing, poverty and climate crises.Associate Professor runs an online masters degree in the economics of sustainability at Torrens University in Australia and is organising ...
The Finance and Expenditure Committee has reported back on National's Local Government (Water Services Preliminary Arrangements) Bill. The bill sets up water for privatisation, and was introduced under urgency, then rammed through select committee with no time even for local councils to make a proper submission. Naturally, national's select committee ...
Some years ago, I bought a book at Dunedin’s Regent Booksale for $1.50. As one does. Vandrad the Viking (1898), by J. Storer Clouston, is an obscure book these days – I cannot find a proper online review – but soon it was sitting on my shelf, gathering dust alongside ...
History is not on the side of the centre-left, when Democratic presidents fall behind in the polls and choose not to run for re-election. On both previous occasions in the past 75 years (Harry Truman in 1952, Lyndon Johnson in 1968) the Democrats proceeded to then lose the White House ...
This is a free articleCoverageThis morning, US President Joe Biden announced his withdrawal from the Presidential race. And that is genuinely newsworthy. Thanks for your service, President Biden, and all the best to you and yours.However, the media in New Zealand, particularly the 1News nightly bulletin, has been breathlessly covering ...
A homeless person’s camp beside a blocked-off slipped damage walkway in Freeman’s Bay: we are chasing our tail on our worsening and inter-related housing, poverty and climate crises. Photo: Photo: Lynn Grieveson / The KākāTL;DR: The top six things I’ve noted around housing, climate and poverty in Aotearoa’s political economy ...
What has happened to it all?Crazy, some'd sayWhere is the life that I recognise?(Gone away)But I won't cry for yesterdayThere's an ordinary worldSomehow I have to findAnd as I try to make my wayTo the ordinary worldYesterday morning began as many others - what to write about today? I began ...
TL;DR: My pick of the top six links elsewhere around housing, climate and poverty in Aotearoa’s political economy in the last day or so to 7:00 am on Monday, July 22 are:Today’s Must Read: Father and son live in a tent, and have done for four years, in a million ...
TL;DR: As of 7:00 am on Monday, July 22, the top six announcements, speeches, reports and research around housing, climate and poverty in Aotearoa’s political economy in the last day are:US President Joe Biden announced via X this morning he would not stand for a second term.Multinational professional services firm ...
A listing of 32 news and opinion articles we found interesting and shared on social media during the past week: Sun, July 14, 2024 thru Sat, July 20, 2024. Story of the week As reflected by preponderance of coverage, our Story of the Week is Project 2025. Until now traveling ...
This weekend, a friend pointed out someone who said they’d like to read my posts, but didn’t want to pay. And my first reaction was sympathy.I’ve already told folks that if they can’t comfortably subscribe, and would like to read, I’d be happy to offer free subscriptions. I don’t want ...
National: The Party of ‘Law and Order’ IntroductionThis weekend, the Government formally kicked off one of their flagship policy programs: a military style boot camp that New Zealand has experimented with over the past 50 years. Cartoon credit: Guy BodyIt’s very popular with the National Party’s Law and Orderimage, ...
Day one of the solo leg of my long journey home begins with my favourite sound: footfalls in an empty street. 5.00 am and it’s already light and already too warm, almost.If I can make the train that leaves Budapest later this hour I could be in Belgrade by nightfall; ...
Do you remember Y2K, the threat that hung over humanity in the closing days of the twentieth century? Horror scenarios of planes falling from the sky, electronic payments failing and ATMs refusing to dispense cash. As for your VCR following instructions and recording your favourite show - forget about it.All ...
Climate Change Minister Simon Watts being questioned by The Kākā’s Bernard Hickey.TL;DR: My top six things to note around housing, climate and poverty in Aotearoa’s political economy in the week to July 20 were:1. A strategy that fails Zero Carbon Act & Paris targetsThe National-ACT-NZ First Coalition Government finally unveiled ...
Summary:As New Zealand loses at least 12 leaders in the public service space of health, climate, and pharmaceuticals, this month alone, directly in response to the Government’s policies and budget choices, what lies ahead may be darker than it appears. Tui examines some of those departures and draws a long ...
The Minister of Housing’s ambition is to reduce markedly the ratio of house prices to household incomes. If his strategy works it would transform the housing market, dramatically changing the prospects of housing as an investment.Leaving aside the Minister’s metaphor of ‘flooding the market’ I do not see how the ...
As previously noted, my historical fantasy piece, set in the fifth-century Mediterranean, was accepted for a Pirate Horror anthology, only for the anthology to later fall through. But in a good bit of news, it turned out that the story could indeed be re-marketed as sword and sorcery. As of ...
An employee of tobacco company Philip Morris International demonstrates a heated tobacco device. Photo: Getty ImagesTL;DR: The top six things I’ve noted around housing, climate and poverty in Aotearoa’s political economy on Friday, July 19 are:At a time when the Coalition Government is cutting spending on health, infrastructure, education, housing ...
TL;DR: My pick of the top six links elsewhere around housing, climate and poverty in Aotearoa’s political economy in the last day or so to 8:30 am on Friday, July 19 are:Scoop: NZ First Minister Casey Costello orders 50% cut to excise tax on heated tobacco products. The minister has ...
Kia ora, it’s time for another Friday roundup, in which we pull together some of the links and stories that caught our eye this week. Feel free to add more in the comments! Our header image this week shows a foggy day in Auckland town, captured by Patrick Reynolds. ...
TL;DR : Here’s the top six items climate news for Aotearoa this week, as selected by Bernard Hickey and The Kākā’s climate correspondent Cathrine Dyer. A discussion recorded yesterday is in the video above and the audio of that sent onto the podcast feed.The Government released its draft Emissions Reduction ...
Save some money, get rich and old, bring it back to Tobacco Road.Bring that dynamite and a crane, blow it up, start all over again.Roll up. Roll up. Or tailor made, if you prefer...Whether you’re selling ciggies, digging for gold, catching dolphins in your nets, or encouraging folks to flutter ...
Waiting In The Wings:For truly, if Trump is America’s un-assassinated Caesar, then J.D. Vance is America’s Octavian, the Republic’s youthful undertaker – and its first Emperor.DONALD TRUMP’S SELECTION of James D. Vance as his running-mate bodes ill for the American republic. A fervent supporter of Viktor Orban, the “illiberal” prime ...
TL;DR: As of 6:00 am on Friday, July 19, the top six announcements, speeches, reports and research around housing, climate and poverty in Aotearoa’s political economy in the last day are:The PSAannounced the Employment Relations Authority (ERA) had ruled in the PSA’s favour in its case against the Ministry ...
Te Rangi e tu nei (The sky above us) Te Papa e takoto nei (The land beneath us) Tatou katoa te hunga ora (To us all the living) Tena koutou katoa (Greetings) ...
A late change to charter school legislation will cheat educators out of fair pay and negotiating power proving charter schools are just a vehicle to make profit out of our education system. ...
In 2004 te iwi Māori rallied against the Crown’s attempt to confiscate our coastlines and moana with the Foreshore and Seabed Act. This led to the largest hīkoi of a generation and the birth of Te Pāti Māori. 20 years later, history is repeating itself. Today the government has announced ...
It has been five and a half years since the Royal Commission of Inquiry into Abuse in Care was established to investigate the abuse of children, young people, and vulnerable adults within state and faith-based institutions. Yesterday, the final report - Whanaketia through pain and trauma, from darkness to light ...
The Green Party is calling on the Government to take action off the back of the International Court of Justice ruling on Israel’s illegal occupation of Palestine. ...
On Friday the International Court of Justice reaffirmed what Palestinian’s have been telling us for decades: that the occupation and colonisation of Palestinian lands by Israel is illegal and must end immediately. They also called for reparations for Palestinian’s who have lived under Israeli occupation since it began in 1967. ...
Labour calls on the Government to act after the International Court of Justice (ICJ) ruled that Israel’s occupation of Palestinian Territories is illegal. ...
The 53.7 percent rise in benefit sanctions over the last year is more proof of this Government’s disdain for our communities most in need of support. ...
Aotearoa could be a country where every child grows up feeling safe, loved and with a sense of belonging in their whānau and community. But for some of our children, this is far from reality. Instead, they are trapped in a maze of intergenerational harm that they can’t escape on ...
Te Pāti Māori are calling for David Seymour to resign as Associate Health Minister in response to his call for Pharmac to ignore the Treaty of Waitangi. “This announcement is just another example of the government’s anti-Tiriti, anti-Māori agenda.” Said Co-leader and spokesperson for health, Debbie Ngarewa-Packer. “Seymour thinks it ...
The soaring price of renting is driving the rise of inflation in this country - with latest figures from Stats NZ showing rents are up 4.8 per cent on average while annual inflation is at 3.3 per cent. ...
National’s Emissions Reduction Plan will take New Zealand further from the economy we need to ensure the next generation has a stable climate and secure livelihoods. ...
Following consultation with named parties and thorough consideration of privacy interests, the Green Party is in a position to release the Executive Summary of the final report from the independent investigation into Darleen Tana. ...
Prime Minister Christopher Luxon should be asking serious questions of his Minister for Resources Shane Jones now it’s been revealed he misled the public about a dinner with mining companies that he didn’t declare and said wasn’t pre-arranged. ...
Te Pāti Māori have submitted to the Justice Select Committee against the Sentencing (Reinstating Three Strikes) Amendment Bill. The bill will further entrench racism in our justice system and fails to focus on rehabilitation. “Reinstating Three Strikes will empower a systematically racist system and exacerbate the overrepresentation of Māori in ...
The Transport and Infrastructure Committee is set to make a determination on the Residential Tenancies Amendment (RTA) Bill in the coming weeks. “This legislation will give landlords the power to kick our whānau out onto the street for no reason” said Housing spokesperson, Mariameno Kapa-Kingi. “Their solution to the housing ...
“National’s campaign was about tackling crime and the best they can do is a two-year long Ministerial Advisory Group,” Labour justice spokesperson Duncan Webb said. ...
“There are more examples of charter schools failing their students than there are success stories. The coalition Government is driving to dismantle our public school system and instead promote a privatised, competitive structure that puts profits before kids,” Jan Tinetti said. ...
“This government is choosing to deliberately mislead and withhold information, keeping our people in the dark about this government’s agenda and the future of our mokopuna,” said co-leader and spokesperson for Health, Debbie Ngarewa-Packer. The call comes after the demand from the Chief Ombudsman that Associate Minister of Health, Casey ...
“Today’s climate announcement by Simon Watts makes clear the National Government is simply paying lip service to meeting its climate change targets,” Megan Woods said. ...
National is choosing to make life harder for workers by taking away the rights our communities have fought hard for. Here's how they’re taking workers backwards. ...
Australia, Canada and New Zealand today issued the following statement on the need for an urgent ceasefire in Gaza and the risk of expanded conflict between Hizballah and Israel. The situation in Gaza is catastrophic. The human suffering is unacceptable. It cannot continue. We remain unequivocal in our condemnation of ...
Attorney-General Judith Collins today reminded all State and faith-based institutions of their legal obligation to preserve records relevant to the safety and wellbeing of those in its care. “The Abuse in Care Inquiry’s report has found cases where records of the most vulnerable people in State and faith‑based institutions were ...
Minister of Internal Affairs Brooke van Velden says the Government’s online safety website for children and young people has reached one million page views. “It is great to see so many young people and their families accessing the site Keep It Real Online to learn how to stay safe online, and manage ...
Tēnā tātou katoa, Ngā mihi te rangi, ngā mihi te whenua, ngā mihi ki a koutou, kia ora mai koutou. Thank you for the opportunity to be here and the invitation to speak at this 50th anniversary conference. I acknowledge all those who have gone before us and paved the ...
New Zealand’s payroll providers have successfully prepared to ensure 3.5 million individuals will, from Wednesday next week, be able to keep more of what they earn each pay, says Finance Minister Nicola Willis and Revenue Minister Simon Watts. “The Government's tax policy changes are legally effective from Wednesday. Delivering this tax ...
An experimental vineyard which will help futureproof the wine sector has been opened in Blenheim by Associate Regional Development Minister Mark Patterson. The covered vineyard, based at the New Zealand Wine Centre – Te Pokapū Wāina o Aotearoa, enables controlled environmental conditions. “The research that will be produced at the Experimental ...
The Coalition Government has confirmed the indicative regional breakdown of North Island Weather Event (NIWE) funding for state highway recovery projects funded through Budget 2024, Transport Minister Simeon Brown says. “Regions in the North Island suffered extensive and devastating damage from Cyclone Gabrielle and the 2023 Auckland Anniversary Floods, and ...
Indonesia’s Foreign Minister, Retno Marsudi, will visit New Zealand next week, Foreign Minister Winston Peters has announced. “Indonesia is important to New Zealand’s security and economic interests and is our closest South East Asian neighbour,” says Mr Peters, who is currently in Laos to engage with South East Asian partners. ...
He aha te kai a te rangatira? He kōrero, he kōrero, he kōrero. The government has reaffirmed its commitment to supporting the aspirations of Ngāti Maniapoto, Minister for Māori Development Tama Potaka says. “My thanks to Te Nehenehenui Trust – Ngāti Maniapoto for bringing their important kōrero to a ministerial ...
Transport Minister Simeon Brown has thanked outgoing Chair of the Civil Aviation Authority, Janice Fredric, for her service to the board.“I have received Ms Fredric’s resignation from the role of Chair of the Civil Aviation Authority,” Mr Brown says.“On behalf of the Government, I want to thank Ms Fredric for ...
The Government is proposing legislation to overturn a Court of Appeal decision and amend the Marine and Coastal Area Act in order to restore Parliament’s test for Customary Marine Title, Treaty Negotiations Minister Paul Goldsmith says. “Section 58 required an applicant group to prove they have exclusively used and occupied ...
Regulation Minister David Seymour says that opposition parties have united in bad faith, opposing what they claim are ‘dangerous changes’ to the Early Childhood Education sector, despite no changes even being proposed yet. “Issues with affordability and availability of early childhood education, and the complexity of its regulation, has led ...
After receiving more than 740 submissions in the first 20 days, Regulation Minister David Seymour is asking the Ministry for Regulation to extend engagement on the early childhood education regulation review by an extra two weeks. “The level of interest has been very high, and from the conversations I’ve been ...
The Coalition Government is investing $802.9 million into the Wairarapa and Manawatū rail lines as part of a funding agreement with the NZ Transport Agency (NZTA), KiwiRail, and the Greater Wellington and Horizons Regional Councils to deliver more reliable services for commuters in the lower North Island, Transport Minister Simeon ...
Local Government Minister Simeon Brown has announced his intention to appoint a Crown Manager to both Hawke’s Bay Regional and Wairoa District Councils to speed up the delivery of flood protection work in Wairoa."Recent severe weather events in Wairoa this year, combined with damage from Cyclone Gabrielle in 2023 have ...
Mr Speaker, this is a day that many New Zealanders who were abused in State care never thought would come. It’s the day that this Parliament accepts, with deep sorrow and regret, the Report of the Royal Commission of Inquiry into Abuse in Care. At the heart of this report are the ...
For the first time, the Government is formally acknowledging some children and young people at Lake Alice Psychiatric Hospital experienced torture. The final report of the Royal Commission of Inquiry into Abuse in State and Faith-based Care “Whanaketia – through pain and trauma, from darkness to light,” was tabled in Parliament ...
The Government has acknowledged the nearly 2,400 courageous survivors who shared their experiences during the Royal Commission of Inquiry into Historical Abuse in State and Faith-Based Care. The final report from the largest and most complex public inquiry ever held in New Zealand, the Royal Commission Inquiry “Whanaketia – through ...
With a week to go before hard-working New Zealanders see personal income tax relief for the first time in fourteen years, 513,000 people have used the Budget tax calculator to see how much they will benefit, says Finance Minister Nicola Willis. “Tax relief is long overdue. From next Wednesday, personal income ...
Workplace Relations and Safety Minister Brooke van Velden says a bill that has passed its first reading will improve parental leave settings and give non-biological parents more flexibility as primary carer for their child. The Regulatory Systems Amendment Bill (No3), passed its first reading this morning. “It includes a change ...
Two Bills designed to improve regulation and make it easier to do business have passed their first reading in Parliament, says Economic Development Minister Melissa Lee. The Regulatory Systems (Economic Development) Amendment Bill and Regulatory Systems (Immigration and Workforce) Amendment Bill make key changes to legislation administered by the Ministry ...
New legislation paves the way for greater competition in sectors such as banking and electricity, Commerce and Consumer Affairs Minister Andrew Bayly says. “Competitive markets boost productivity, create employment opportunities and lift living standards. To support competition, we need good quality regulation but, unfortunately, a recent OECD report ranked New ...
Minister of Internal Affairs Brooke van Velden says lotteries for charitable purposes, such as those run by the Heart Foundation, Coastguard NZ, and local hospices, will soon be allowed to operate online permanently. “Under current laws, these fundraising lotteries are only allowed to operate online until October 2024, after which ...
The Coalition Government is accelerating work on the new four-lane expressway between Auckland and Whangārei as part of its Roads of National Significance programme, with an accelerated delivery model to deliver this project faster and more efficiently, Transport Minister Simeon Brown says. “For too long, the lack of resilient transport connections ...
Sir Don McKinnon will travel to Viet Nam this week as a Special Envoy of the Government, Foreign Minister Winston Peters has announced. “It is important that the Government give due recognition to the significant contributions that General Secretary Nguyen Phu Trong made to New Zealand-Viet Nam relations,” Mr ...
Minister of Internal Affairs Brooke van Velden says newly appointed Commissioner, Grant Illingworth KC, will help deliver the report for the first phase of the Royal Commission of Inquiry into COVID-19 Lessons, due on 28 November 2024. “I am pleased to announce that Mr Illingworth will commence his appointment as ...
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Climate Change Minister Simon Watts will travel to China on Saturday to attend the Ministerial on Climate Action meeting held in Wuhan. “Attending the Ministerial on Climate Action is an opportunity to advocate for New Zealand climate priorities and engage with our key partners on climate action,” Mr Watts says. ...
Oceans and Fisheries Minister Shane Jones is travelling to the Solomon Islands tomorrow for meetings with his counterparts from around the Pacific supporting collective management of the region’s fisheries. The 23rd Pacific Islands Forum Fisheries Committee and the 5th Regional Fisheries Ministers’ Meeting in Honiara from 23 to 26 July ...
The Government today launched the Military Style Academy Pilot at Te Au rere a te Tonga Youth Justice residence in Palmerston North, an important part of the Government’s plan to crackdown on youth crime and getting youth offenders back on track, Minister for Children, Karen Chhour said today. “On the ...
The Government has welcomed news the NZ Transport Agency (NZTA) has begun work to replace nine priority bridges across the country to ensure our state highway network remains resilient, reliable, and efficient for road users, Transport Minister Simeon Brown says.“Increasing productivity and economic growth is a key priority for the ...
Acting Prime Minister David Seymour has been in contact throughout the evening with senior officials who have coordinated a whole of government response to the global IT outage and can provide an update. The Department of the Prime Minister and Cabinet has designated the National Emergency Management Agency as the ...
New Zealand and Japan will continue to step up their shared engagement with the Pacific, Foreign Minister Winston Peters says. “New Zealand and Japan have a strong, shared interest in a free, open and stable Pacific Islands region,” Mr Peters says. “We are pleased to be finding more ways ...
New developments in the heart of North Island forestry country will reinvigorate their communities and boost economic development, Regional Development Minister Shane Jones says. Mr Jones visited Kaingaroa and Kawerau in Bay of Plenty today to open a landmark community centre in the former and a new connecting road in ...
President Adeang, fellow Ministers, honourable Diet Member Horii, Ambassadors, distinguished guests. Minasama, konnichiwa, and good afternoon, everyone. Distinguished guests, it’s a pleasure to be here with you today to talk about New Zealand’s foreign policy reset, the reasons for it, the values that underpin it, and how it ...
Last summer when Matairangi burned, Ginny and Tom stood at the window of their lounge, watching kākā shoot skyward from the burning trees. From the distance, they looked to Ginny like pages torn from books and thrown into a bonfire. It was Tom, voice tight, who told her it was ...
Opinion: The Canadian short story writer Alice Munro – winner of the Nobel Prize in Literature in 2013 – died in May at the age of 92. Her work was about “the damage people inflict on one another in the name of love”, Deborah Treisman wrote in the New Yorker. ...
This month marks two years since the most powerful telescope ever built sent its first pictures back to earth. From its lofty vantage point, beyond the moon in orbit around the sun, the James Webb Space Telescope was tuned to observe the first stars and galaxies being born soon after ...
Comment: After Climate Change Minister Simon Watts’ preview several weeks ago, I had some optimism about the Government’s emissions reduction plan. Now I’ve read the discussion document, that hope has been dashed. How can the Government propose a plan that wants to take New Zealand taxpayers’ hard-earned money, and spend ...
Christopher Luxon: hurdles The little man from National jumps hurdles in his sleep. He’s quite good at it in his dreams and even though the reality doesn’t quite match up you have to give him credit for getting up every morning and crashing into the very first hurdle of the ...
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Madeleine Chapman rounds out Death Week on The Spinoff with a final recommendation. You can read all of our Death Week coverage here. Nothing forces you to reflect on your life and relationships quite like proximity to death. For those whose nearest and dearest have died, there are reasonably obvious ...
Whitney Greene takes us through her life in television, including the TV character she’d like to plan a funeral for and her cow lung catastrophe on The Traitors NZ. “If the phone rings, I have to answer it,” Whitney Greene from The Traitors NZ warns as we begin our My ...
Maddie Ballard reviews the debut essay collection of Pōneke writer Flora Feltham.In ‘The Raw Material’, the longest essay in Flora Feltham’s dazzling debut collection, the author heads out for a run after hours of weaving and sees the world turn to textile. “Pounding along the Parade, I saw the ...
Andy Christiansen, one half of the experimental rock-pop duo TRiPS, shares the tunes inspiring the band’s perfect weekend and new release. “Good speakers, good food, good music, no distractions”: that’s all you need to enjoy the psychedelic stylings of TRiPS, a new band formed by Fly My Pretties’ Barnaby Weir ...
Celebrating our quadrennial opportunity to become experts in a bunch of sports we never normally watch.The games of the XXXIII Olympiad are upon us. Paris will host this year’s showcase of sporting and athletic prowess, which means some late-night and early-morning viewing for us in Aotearoa.But what sports ...
The photograph is striking and beautiful, but also disturbing – a reminder that my love for John was often entangled in shame.The Sunday Essay is made possible thanks to the support of Creative New Zealand.In the spring of 1980, in Dunedin, shortly before his death, someone took a photograph ...
Get to know Babushka, our latest Dog of the Month. This feature was offered as a reward during our What’s Eating Aotearoa PledgeMe campaign. Thank you to Babu’s humans, Jo and Isabel, for their support. Dog name: Babushka (Babu for short) Age: 2Breed: Border Collie X poodleIf rescued, ...
Pacific Media Watch A Lebanese photojournalist who was severely wounded during an Israeli air strike in south Lebanon carried the Olympic torch in Paris this week in honour of her peers who have been wounded and killed in the field — especially in Gaza and Lebanon. Christina Assi of Agence ...
The first report in a five-part web series focused on the 15th Triennial Conference of Pacific Women taking place in the Marshall Islands this week.SPECIAL REPORT:By Netani Rika in Majuro Women continue to fight for justice 70 years after the first nuclear tests by the United States caused ...
Christopher Luxon has joined with Australia and Canada's leaders in voicing support for US President Joe Biden's ceasefire deal between Israel and Hamas. ...
Source: The Conversation (Au and NZ) – By Michelle Grattan, Professorial Fellow, University of Canberra The 2022 election brought the “teal wave” into parliament. The next election will test whether teals, who occupy what were Liberal seats, and other independents can maintain their momentum. Joining us on the Podcast ...
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http://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=11552879
Meanwhile…….in South Auckland a garage/sleepout burned to the ground as scores of gang members partied hard, seemingly uncaring that in destructive, drunken disorder one of their number had caused the blaze.
The Minister for Spoiled White Brats has expressed concern –
“These people seem never to work…..someone else provides all their needs…….and then they strut their indolence and entitlement on Instagram !”
The Herald is obsessed with the son of ‘Dear Leader.’
‘Fire broke out early on Friday on Beachcomber Island, a tiny Fiji resort hosting about 200 Kiwi 20-somethings for a week of partying.’
Or ShonKey is obsessed with getting publicity in whatever way he can – even to the extent of using his own family to do so ! (No other PM in NZ has ever used their family members the way ShonKey does. Its disgraceful!)
And further evidence that the Herald is nothing more than a gossip mag and vehicle for publicising the adventures of the rich and ‘famous’.
Key’s son and 200 other rich young things from NZ have to evacuate luxury resort island is seen as more newsworthy that Cyclone Tuni smashing Samoa.
There is no 4th estate in NZ.
Have a look at the family publicity for your namesake Norman some time.
His wife had her own little column in the Woman’s Weekly. Dead boring trivia that was dropped as soon as Norm died.
Then he was succeeded by his son as MP. Very successful that was if I remember correctly.
Trust Trollwyn to conflate a column in the Womens’ Weekly 43 years ago with the front page of a major daily exercised by notions of a fabulous ‘New Camelot’.
Some ratshit perspective you have there Trollwyn. Was Barbara Hutton your mummy ?
In what way is it “trolling” to point out that the following statement, made by Jenny Kirk is at least arguably untrue?
“No other PM in NZ has ever used their family members the way ShonKey does.”
Other PMs have most definitely done worse, haven’t they? Particularly as you have nor reason to say that Key is in any way involved in what the Herald chooses to publish. Do you really think that Key is responsible for everything that happens?
Why is there so much irrational antipathy to the PM. I thought the opinions about Helen Clark in her day were way over the top but the comments about Key are even worse.
“I thought the opinions about Helen Clark in her day were way over the top but the comments about Key are even worse.”
lol.
I think you forget how daft things got. Books written and pushed by main RW blogs about Calrks fake marriage and quest to destroy the bedrocks of socety coz lesbian, ‘Helengrad’, etc.
Its not even close.
I think any antipathy to the PM is rational and well earned.
It was a troll who made the brazenly false claim about Kelvin Davis, Serco and Corrections about ten days ago, which said troll has not yet acknowledged nor apologised for.
Today……different topic same troll. If ya think Womans’ Weekly 43 years ago really equates to Mr E! Channel and surly offspring……Wow !
As Sabine would say. “Yes Dear”.
alwyn. You know this how? Osmosis, or did you read said columns?
I did read some of them. Believe it or not but the Woman’s Weekly used to be a very good magazine. My wife used to get it in those days.
It turned to total rubbish 30 odd years ago though. They had an editor named Jean Wishart for about 30 years from about 1952 to about 1985. She was unmarried, lived with her mother and apparently had no social life. She had an infallible idea of what New Zealand woman wanted to read though and almost every woman at the time read it. It was also a very advanced mag in its views, being one of the first to publish on abortion and so on.
At its peak, during her reign, it had a circulation of about 250,000.
The columns Ruth Kirk wrote were crap though.
As far as I’m concerned if Key uses his own family for publicity and/or members of his family use him for publicity stunts, then those members are ripe for public judgement when they so deserve.
Max Key is a spoiled brat who needs a big stick poked up him and soon. His ambition is to be a Billionaire. What else need be said.
Little Max obviously got his values from his parents – kids usually do – so if Max’s one ambition in life is to be a billionaire, it says a lot about what is of prime importance to his father I would think! Empty vessels! Sad for Key and his son that they can’t take it with them when they depart this mortal coil!
+111
If his ambition is to be a billionaire you certainly can’t say he is not aiming high.
My ambition at that age wasn’t nearly so great. I simply wanted to be like Janis Joplin and to have a Mercedes.
https://www.youtube.com/watch?v=7tGuJ34062s
Mind you in those days a billion was a lot of money.
I am not sure you completely understood joplin. But you and young Key, generations apart, share something which for me lies at the root of why our system fails our most vulnerable. You both strive for a thing, a symbol of wealth as though it equates to success, so people know you are important. What a waste of potential.
I reckon, I don’t think that song means what you want it to mean, its anti capitalist ya dummy
Gosh, are you sure?
How could I have been so stupid?
Did I need you and Tracey to explain it to me?
Don’t be such a dick you silly little man.
I suppose that next you’ll want to explain to me that Das Kapital isn’t the script for a Marx Brother’s movie.
I most definitely understood Janis Tracey. The only thing I have never understood is why she, and so many others her age overdosed on Heroin.
Doesn’t it worry you that people can’t tell the difference between:
the bits where you’re pretending to be stupid for comedic effect; and
the bits where you try to make a serious point?
To answer you seriously.
Not much. I don’t think people like Gangnam and some others are really as silly as they often seem. Sometimes, just occasionally, they do get things but then they like to pretend they don’t.
Besides I cannot, with the best intentions in the world, get the hang of the smiling faces and so on so it isn’t that easy to highlight it.. And yes I know where the explanation is. I shall have to get a seven year old to explain it to me though.
If Max has a genuine ambition to be a billionaire, then he certainly doesn’t seem to be doing the things that he would need to do to become one.
He has got the first step out of the way. Be born to rich parents. After all it is making the first million that is the hardest.
I rather prefer the similar story about the patron saint of Paris, St Denis. He was being led off to his place of execution when the Roman soldier decided he didn’t want to waste any more time and decapitated him a couple of miles before the designated spot. If you believe in miracles you may accept the story that he picked up his head and continued on the journey.
Of that feat it was said that
“The distance doesn’t matter; it is only the first step that is the most difficult”.
On the other hand I really cannot get in the slightest bit interested in young Max. Thank goodness the Dom/Post doesn’t waste ink on him. He has got enough going on not to be abused by people who only dislike him because of who his father is.
Very few people are billionaires. There’s a huge amount of luck involved, but also you basically have to start and run your own company. Max has no real barriers to starting and running his own company; the fact that he hasn’t done so already, if he truly is set on being a billionaire, shows that he doesn’t really have what it takes.
True . He is 20 according to Google, the age Gates was when Microsoft was founded.
On the other hand he may not be Bill Gates. Paul Allan was all of 22 when they started I believe.
However the rest of what you say is spot on. You need much more than simply an attitude of I want to be rich and I deserve it. Poor little bugger. He’s always going to be compared with his father. Not quite like being J D Rockefeller JUNIOR but it might feel like that.
I don’t honestly care what his ambition is – as long as he doesn’t hurt anyone or cause damage in his pursuit of it.
Becoming and staying a billionaire inherently hurts many people and causes huge amounts of damage as the only way to do so is to steal from as many people as possible while encouraging massive over use of resources.
Too late. The space he takes in news columns could be used publicising the real plight, and treatment of, the vulnerable, instead of championing a self indulgent and mostly unattainable lifestyle.
Anne. lol Just saw photo of young MaxiKey relaxing in string hammock. Looks like has a stick uphim. Hate to see him when he is Not relaxed. Actually feel a little big sorry for the wee boy. For God’s sake, what is our media coming to. Angry!!
Key chooses this exposure, max plays along so it’s on them if this strategy has untoward repercussion down the line.
Note the women stay well away from this boys game, Bronagh does the required minimum aside hubby.
Bronagh does what she is told.
My impression to Ffloyd.
Yes I saw that one Paul @ (1.1).
Had another of many FFS moments I’m having at present, regarding FJK and the irrelevant fruit of his loins!
Who gives a big rat’s what mini me Key is doing anyway? NZH seems to give him plenty of attention though, at the expense of the real news I’d say. On whose orders I wonder? The “puppeteer” perhaps?
It may simply be that the Herald only gets its media now through Instagram, Twitter and Facebook and that they follow certain people’s pages.
If ever anyone wanted to highlight how appalling the media in this country has become, then this would take the biscuit.
Remember it would have focused on instead global rallies around the world and in NZ prior to the Paris Climate talks.
However, stalking Key’s son’s site is seen by the editor at the Herald as more important.
Heh, the Max articles… shows something is very wrong/sick in our politics and media, maybe just society in general. Although there’s still plenty of good people out there improving society in areas that matter in real life.
So Shipley thinks it’s time to change the flag: “Do they need need someone else to speak for them or can we as New Zealanders speak for ourselves ? I expect to speak for myself,” Shipley said. (Today’s SST pg5).
She will be disappointed if we cling to something that’s “got a dubious past in it’s origin and speaks to a time, where, frankly, it is completely irrelevant today”.
I would have thought her “young spirited, fleet-footed” nation might like to have a wider discussion about cutting ties to the anachronistic and irrelevant monarchy and (again) ditching an honours system based on ties to Britain and our colonial past.
Interestingly nowhere in this “piece” is she referred to as “Dame” – just “former prime minister Jenny Shipley”. Why is that?
Perhaps because the logic disconnect might be even more apparent?
Shipley and her cronies destroyed NZ..
Guyon on the Nation panel could not imagine a reason why the current policy towards kiwis in oz was bad. Yet magnificent debated the nuances of Keys survival.
Strange that nobody pulls up the Liberal Australian party on its undermining the free trade between us, as risks and costs force kiwis living there and others, to be mindful of how easily they could be exposed, by losing employees or family members to extradition, or having to carry their own kids in uni or health care, unemployment while paying for everyone else’s.
Its not so much that they are incompetent its just that the right has always had a easy ride, how do you figure Thatcher, zombie zero, got such a easy time and still does.
it was under Shipley that the whole flag changing thingy started. Was it not then that she had to resign because of inappropriate dealings with one of the Saatchi and Saatchi Brothers?
So clearly, she would not have given up the idea…and just wants it now, like the rest of the corporate Posse that disguises as the National Party.
I have no words to describe Shipley that would not get me banned.
Were you planning to praise her then?
That would be likely to have a ban imposed.
Ah yes, that long standing rule on The Standard:
#4 No talking up Shipley. Srs.
I know what you mean. I had to edit my post several times to tone it down.
<
http://www.nzherald.co.nz/politics/news/article.cfm?c_id=280&objectid=11552297
Someone tell me I’m hallucinating … please.
Nash is in the wrong party.
Labour has no problem embracing the far right of the political spectrum. It’s become increasingly farcical as time goes on.
yes, dear
Mockery of cv is not an actual argument.
Many people agree with cv’s view of thr Labour Party.
How else do you explain Labour’s embrace of neo-liberalism for 30 years?
🙄
Lab4 – no contest. Complete capture. But since then Labour has been at most middle-right, generally middle-left.
Saying Labour currently participates in an “embrace of neo-liberalism” misunderstands the concept of neo-liberalism, the concept of an embrace, or both.
Yes, for some commenters here to agree with Labour it would involve a long walk to the right for the commenters or a long walk to the left for Labour. But the starting points are relative – for Labour to be objectively “far right” it would share most of its policy manifesto with someone like Rand Paul. And yes, Labour is currently well to the left of Rand Paul.
all that’s happened is that market driven neoliberalism has become normalised in society and in politics. Even some Lefties have become habituated to it.
Spot on.
Evidence of the Stockholm Syndrome on this site.
Planned Parenthood clinics sell embryonic tissue. It must be true because it uses the same rhetorical devices you do.
What on earth are you talking about?
Maybe that reciting catechism doesn’t make it true.
Paul, I’m talking about CV’s dishonest and destructive rhetorical devices and their equivalents in National Party values land.
OAB, you’d bloody know mate.
“Saying Labour currently participates in an “embrace of neo-liberalism” misunderstands the concept of neo-liberalism, the concept of an embrace, or both.”
Disagree. As I define it a political party embraces Neo-liberalism when they accept and follow economic policies dictated by main-stream neo-classical economics. These include,
1) A belief that governments like NZ face a budget constraint (e.g can run out of money).
2) A belief that governments should respond to financial crisis by cutting back spending.
3) A belief that governments deficits must ultimately drive inflation up.
4) A belief that full-employment can be achieved purely by using monetary policy (e.g the NAIRU rate of unemployment is a full employment level of unemployment).
Labour has endorsed all these through current and prior policies, at least since the time when Roger Douglas became minister for Finance.
For example,
* The Cullen fund is the government stoking its investment reserves in order to avoid running a later deficit.
* The last term they campaigned on a policy to up the retirement age, because they believe the country can’t afford the present age.
* Labours Kiwisaver policy is primarily a way to get pensioners income off the government books, and to be self dependent.
* Labour has constantly criticized the National government for running a deficit in response to the financial crisis, and highlighted that they ran surpluses themselves.
* Labour promised to get back into surplus faster that National during the previous election campaign.
* Labour is constantly looking for ways to increase their tax take, based on a desire to spend more, clearly they don’t understand that the tax take doesn’t need to increase for more social spending to go ahead.
* Labour in no way modified how treasury functions with regard to spending and the level of employment, from the present government.
People denying Labour’s capture by neo-liberal forces are in denial.
It is sad to see their inability to admit this.
And people who insist that Labour are full of neolibs are fllowing the fine left wing tradition of damning their closest political neighbours as their worst enemies.
Labour is full of neolibs. Where is the socialist wing of the Labour Party? Exactly: it doesn’t exist.
So if you’re not a socialist you must be a neoliberal?
So, looking at your track record, CV, how long do you think it will be before you solemnly declare yourself the only true leftie on the planet, and the other seven billion of us are neoliberals (except putin because he’s ever so manly)?
That’s a belief hardly restricted to Rogernome neoliberals. It’s actually pretty reasonable
Not sure that applies to the current Labour party.
see 2
Non-Accelerating Inflation Rate of Unemployment is calculated by treasury etc for nz at 6-8% of unemployment. The current and previous nats ran that level, Lab5 didn’t.
All of that is a bit like the EQC, saving up for a rainy day (in the case of the cullen fund, the supposed demographic bubble). The EQC was formed in 1945. By your logic the first Labour government was neoliberal.
Labour is criticising national for running a deficit in order to give tax cuts to the rich. That’s different to arguing for economic retrenchment in response to an economic downturn. Labour wants a bigger tax take to provide more services.
what do you mean by “how treasury functions with regard to spending and the level of employment”?
That’s a belief hardly restricted to Rogernome neoliberals. It’s actually pretty reasonable
Only superficially reasonable until you ask the question – where does money come from?
as I said, many lefties buy straight into orthodox economic and monetary frameworks.
It’s not where the money comes from, it’s what the money can be exchanged for.
“That’s a belief hardly restricted to Rogernome neoliberals. It’s actually pretty reasonable”
Its not pretty reasonable it’s bunk. The NZ government literally operates the only institution which creates NZ dollars. It can’t run out of them. The optimal level of government spending (and taxation) has nothing to do with government surplus or deficit. Its to do with the economic outcomes which the government achieves by it.
“Non-Accelerating Inflation Rate of Unemployment is calculated by treasury etc for nz at 6-8% of unemployment. The current and previous nats ran that level, Lab5 didn’t”
So you can point to any times when Labour ran lower than the NAIRU rate calculated contemporaneously? Note the NAIRU (despite being alleged to be a structural rate) appears to just track current unemployment with a lag.
“By your logic the first Labour government was neoliberal.”
It would depend on the overall balance of their policies, where the focus is. I have gone through a decent list of the Labour headlines here of course.
“Labour is criticising national for running a deficit in order to give tax cuts to the rich. That’s different to arguing for economic retrenchment in response to an economic downturn. ”
The National party Tax/GST changes don’t add up to the deficit. They were probably around fiscally neutral on balance (they were expected to be fiscally neutral), this leaves Labour arguing for economic retrenchment in response to the (ongoing) economic downturn.
“Labour wants a bigger tax take to provide more services.”
This is premised on your belief in 1) of course.
“how treasury functions with regard to spending and the level of employment”
Treasury forecasts and the budgeting process set limits on the amount of deficit spending that the government does in order to keep the level of unemployment above the NAIRU rate, essentially. Its hardly a surprise that this is left unexplained by the government of the day (that they have calculated an ideal level of unemployment, and no there will not be enough jobs to go around actually).
I agree that government spending reflects the will of the government, but to argue that because NZ creates dollars has a limitless supply of cash on hand is bullshit. When Spain had a massive supply of silver from America that the rest of europe didn’t have access to, all that happened was the Spanish pissed it away so much that the price of silver plummeted.
Most of the fifth labour government had an unemployment rate below 6%.
You’ve cherry=picked a few Labour policies and beliefs that you ascribe to Labour. It still looks to me like labour now are nowhere near rogernomes, so aren’t “far right” as CV called them.
Lol “fiscally neutral” – now who’s repeating tory memes? If the lower money out is the same as the GST increase, do I really need to explain the regressive effects of GST?
A bit like your belief that magic money can be printed without taking into account devaluation effects.
Treasury forecasts are well known for what they are. Labour got rid of a lower minimum wage expressly for young workers even though treasury forecast an increase in youth unemployment.
Seems some progress has been made,
“I agree that government spending reflects the will of the government, but to argue that because NZ creates dollars has a limitless supply of cash on hand is bullshit.”
It clearly means exactly that. This is quite important to understand from a rhetorical point of view as it changes the argument substantially. You are no longer talking about some kind of hard limit which might be imposed by bankruptcy, but the need for the government to regulate its policy based on the consequences of its spending. These include all of inflation, foreign exchange and employment consequences. But the onus is now on your position to demonstrate that for some level of spending negative consequences will likely occur in fact.
Note, using an example from currency system based on silver (a commodity) is probably a poor analogy for sovereign currency because you now need to take into account that silver is in common use by several countries at the time. This has effects on the exchange rate. Its unlikely that sovereign currencies work like this as most of the product which can be purchased in say NZ$ comes from NZ.
“Most of the fifth labour government had an unemployment rate below 6%.”
The NAIRU was below 6% for their term. Here are some estimates, they fluctuate over time. http://www.treasury.govt.nz/publications/research-policy/wp/2004/04-10/06.htm#_TocF2
“Lol “fiscally neutral” – now who’s repeating tory memes? If the lower money out is the same as the GST increase, do I really need to explain the regressive effects of GST?”
Clearly fiscally neutral simply means they traded the amount of tax they collect from income over to GST. This would probably have influenced the further direction of the economy, absolutely. But saying that all or almost all of the deficit can be attributed to the taxation change, or even the downward effects of the tax change, is incorrect. NZ would still have a large deficit if this tax policy had not been applied, but other policy had. You do know what fiscally neutral literally means right?
“A bit like your belief that magic money can be printed without taking into account devaluation effects.”
No, just run of the mill high powered money, and the onus is on your position to show that the devaluation effects will likely occur. At present NZ has inflation at the low end of the target range, and is trying to run a surplus. Given your own opinions, being presently demonstrated, why would Labour do any different?
“Labour got rid of a lower minimum wage expressly for young workers even though treasury forecast an increase in youth unemployment.”
Relevance?
It would be much better if you stopped extrapolating straw men out of what I have said, and take it to mean what is says, neither more nor less.
Funny, I thought that the onus was on you to support the idea that Labour is neoliberal.
Ok, so let’s say that the government issues 200 billion NZ$ in order to pay for a space programme next year. Unlimited supply of money, fine. So now what happens to the economy, in your opinion? At least citizens of Weimar had a plentiful supply of toilet paper.
Nope. Silver or gold currencies don’t have an exchange rate, because they are worth that weight of silver. The point I was making was simply that when you have a means of exchange, the value of that means of exchange is related to its scarcity. The practical supply needs to be restricted in order for the currency to act as a currency – dramatic oversupply would simply lead to the end of its utility as a currency.
That wasn’t a forecast. Like most economists, Treasury are very good at ensuring the past matches their personal econo-religious doctrine.
I do. They weren’t.
No, the deficit is not entirely due to national party tax cuts. I never said it was. But the nat cuts and the cullen cuts didn’t exactly help, did they?
Oh, now money varies in power?
Simply that Labour do not universally obey Treasury dictats, and therefore that your comment about Treasury setting “limits” on government economic policy isn’t particularly accurate.
Treasury is extremely right wing – Labour aren’t.
“Ok, so let’s say that the government issues 200 billion NZ$ in order to pay for a space programme next year. Unlimited supply of money, fine. So now what happens to the economy, in your opinion? ”
What happens would depend on the capacity of the economy to produce a space program (and nothing I have said indicates 200 billion is anything but a ridiculus hysterical figure you made up). But no doubt the parts of the economy which were stretched to capacity would raise prices and a lot of people would be employed in the space program. Unless the economy is presently running at full capacity then there is currently room for the government to spend more and provide more jobs, which means not running a surplus in these circumstances. But this is not to do with the quantity of money, the quantity theory of money (which you are alluding to) is originally a central part of monetarism. You may be trying to convince people that Labour is not neo-liberal, but what you are showing is that you have strong and deep seated neo-liberal ideas yourself.
“Silver or gold currencies don’t have an exchange rate, because they are worth that weight of silver. ”
They have an exchange rate for every currency which maintains convertibility then don’t they.
“The point I was making was simply that when you have a means of exchange, the value of that means of exchange is related to its scarcity. The practical supply needs to be restricted in order for the currency to act as a currency – dramatic oversupply would simply lead to the end of its utility as a currency.”
Really? You are aware that the inflation theory this implies demands that ‘rational’ economic agents respond to the quantity of money, or even high powered money. Most economic agents (people) are not even aware how much the government spends or is in debt. Your theory is about as in feasible as the efficient markets hypothesis and has bugger all evidence going for it. Its not even the theory used by central banks these days. Central banks target the rate money is loaned at not its quantity.
“That wasn’t a forecast. Like most economists, Treasury are very good at ensuring the past matches their personal econo-religious doctrine.”
You keep claiming that by keeping the unemployment rate below 6% Labour kept the unemployment rate below the NAIRU. This depends on the NAIRU being 6% or there abouts, which it wasn’t. You are incorrect.
“Oh, now money varies in power?”
Its a standard term, look it up.
If we have a limitless money supply, 200billion is at the lower end of the potential. A UBI that several authors here advocate might cost $40billion a year. Hell, let’s just create 50trillion a year and be the richest nation on the planet.
lol
That would be one of those irregular verbs: I build straw men from your statements, whereas you say my statements are “alluding to” something random.
Even Keynes suggested reductions in interest rates as part of a solution to a downturn. Was he a neoliberal, too? The first Labour government raised taxed to finance their spending – were they neoliberals, too?
Nope. There is no “exchange rate” because one currency is not exchanged for another, it’s a universal currency by weight of silver.
People notice when silver plummets in value, or a loaf of bread costs a billion marks. So they use someo ther currency or barter instead.
If you want to demonstrate that treasury forecasts set limits on Labour policy, feel free to point to an actual forecast. A weather forecaster who told you is has been raining is always right. One who’ll tell you, accurately, how much it will rain tonight – that’s the one you want.
“If we have a limitless money supply, 200billion is at the lower end of the potential. A UBI that several authors here advocate might cost $40billion a year. Hell, let’s just create 50trillion a year and be the richest nation on the planet.”
We do (the government does) have a limitless money supply, however nothing I have written indicates that spending will never cause inflation. That’s where you just go off and create a straw man and then knock it down.
“That would be one of those irregular verbs: I build straw men from your statements, whereas you say my statements are “alluding to” something random.”
If your having trouble with english words I suggest a dictionary. http://dictionary.reference.com/browse/allude
If your having trouble with theories I have referred to I suggest looking them up.
https://en.wikipedia.org/wiki/Quantity_theory_of_money
“Even Keynes suggested reductions in interest rates as part of a solution to a downturn. Was he a neoliberal, too? The first Labour government raised taxed to finance their spending – were they neoliberals, too?”
I don’t remember implying that governments who manipulate interest rates are neo-liberal, or that governments which collect taxes are neo-liberal. You should make some attempt in future to make some sense because what you are saying is not particularly coherent and does not address the arguments I put.
you can do it for me – while you’re looking up the definition of “forecast”.
So, of your four characteristics of neoliberals, I think that Labour does indeed have “a belief that governments like NZ face a budget constraint”, although I don’t think the fear is so much of running out of money as it is trashing the economy. And I don’t think that fear is unique to neoliberals, as Lab1 also believed in budget constraints.
of the rest:
feel free to point to that in Labour policy
Given that ties in to 1), see above
feel free to point to that in Labour policy
McFlock, you’re illustrating exactly why the Left has been captured by the economic and monetary thinking frameworks of the Right.
Under these frameworks, it makes sense to cut NZ Super. It makes sense to under fund DHBs. It makes sense to make students pay more for their education.
As recent Labour policy attests to.
Actually, it illustrates something else entirely.
25 years ago a few left wing parties recognised their shared objectives as well as their differences and joined together to keep a left wing voice in parliament even under an FPP system.
Now, apparently, anyone who doesn’t immediately accept the A+B theorem at face value is to be denounced as a “neoliberal”.
After all, several of these supposedly “neoliberal” ideas were apparently practised by the first Labour government, goddamned tories that they were…
http://campaign.labour.org.nz/everything_is_paid_for_plus_we_re_in_surplus
The headline really says it all, but anyway from here.
1) Labour won’t spend without taxation,
“Make sure the highest income New Zealanders and corporations pay their fair share of tax so we can afford to invest in health, education, and upgrading the economy”
2) Labour won’t spend to increase employment,
“Limit operating spending from new policies to less than the new operating spending allowances projected in Budget 2014 plus the net increase in revenue resulting from new policies,”
4) See Lab5 term. Surpluses = leaving it entirely up to monetary policy to support employment.
3) Absolutely no criticism for Bill English many assertions and rhetoric that government spending will drive up inflation, and force interest rates up! Meanwhile inflation is still at the low end of the RBNZ targets and seems to be falling. They could be pointing to that for a start.
Or on Treasury as a constraint of Labour policy (even while in opposition),
https://www.labour.org.nz/sites/default/files/issues/labours_alternative_budget_0.pdf
“Underlying every number in this paper are Treasury’s projections for the economy and the Crown accounts; we haven’t created our own projections, simply laid the fiscal effects of our policies on top of Treasury’s”
So good old vanilla right wing economic constraint on Labour’s alternative budget. While in office of course they prepare the budget together (Gee, I wonder how that goes).
“Now, apparently, anyone who doesn’t immediately accept the A+B theorem at face value is to be denounced as a “neoliberal”.”
I was quite explicit about what kind of policy is considered neo-liberal for this reason. Its not just policy I don’t agree with, its a particular kind policy, strongly aligned with main-stream economic thinking. I guess its not surprising that you don’t agree with this given your economic beliefs appear to align well enough with the same main-stream economic thinking and you don’t want to label yourself neo-liberal.
“After all, several of these supposedly “neoliberal” ideas were apparently practised by the first Labour government, goddamned tories that they were…”
As I clearly said multiple times its a combination not just one policy or idea. Another straw man argument by you, not an argument I have put forward.
A tendency they’ve had since before the first Labour government.
reread the bit in italics, then refer to point 1 again.
Those two things do not equal each other. The first means money in is greater than money out. The second means not spending anything, just adjusting the OCR.
Seriously? The evidence you have is that Labour haven’t criticised National in exactly the way you want, so that’s evidence they’re neoliberals?
Or it just says that even by the tory standards it’s a better budget than what national can deliver. That’s not neoliberal – that’s pointing out the nats are shit at their own game. If they hadn’t used underlying treasury projections, the they’d open themselves to claims they were using outlandish figures. That’s middle of the road, not far right.
More of the “if not with us then against us” rhetoric.
So is “main-stream economic thinking” simply “neoliberal” then? I’m not so sure about that, what with Stiglitz, Piketty etc.
Did you miss my fraunhofer line comment?
The thing is that most of your examples of offending policy were practised by Lab1. So you actually are left with just one or two Labour policies that might be regarded as being to the right of the politico-economic spectrum.
If Labour were truly “far right”, they would have gone into minority coalition with the nats rather than tolerate the renationalisation of kiwirail or the founding of kiwibank. They would have continued privatisations, shrunk the size of the public service, and so on.
“So is “main-stream economic thinking” simply “neoliberal” then? I’m not so sure about that, what with Stiglitz, Piketty etc.”
Mostly it is. But I would suggest that economists like Stiglitz, Piketty could reasonably be excluded, mostly because they have mostly submitted criticism’s of it.
“Did you miss my fraunhofer line comment?”
No, I dismissed it. It makes little sense to say that you can’t differentiate between political parties because they all have policies dispersed across the political spectrum. Its also not true, if you believed it yourself you could not tell any difference between Labour and National (or any other political party) based on their policies (which are all purportedly scattered across the political spectrum). You clearly don’t believe that yourself.
“If Labour were truly “far right”, they would have gone into minority coalition with the nats rather than tolerate the renationalisation of kiwirail or the founding of kiwibank. They would have continued privatisations, shrunk the size of the public service, and so on.”
If politics was a pure competition in similar ideas, then maybe. But then again if that was what it was no doubt Labour would have gone into government with the Green’s rather than agreeing confidence and supply. What you are suggesting ‘would happen’ doesn’t seem like its a very good strategy for political parties in practice. Look at what has happened to the Lib Dems in the UK, or the Maori party in NZ when they go into coalition with the ‘other side’ it doesn’t usually work out very well at the next election.
“Labour won’t spend without taxation,” Fair enough this was not clear enough. I should have said,
Labour won’t commit to additional spending without additional taxation.
“Labour won’t spend to increase employment,”or this one should have been, Labour won’t commit additional spending to increase employment. Note, if your taxing as much as your additional spending (as Labour promises) then this means little to no net effect on employment. Put another way, however much employment the market is currently providing, that’s as much as your getting under Labour.
“Those two things do not equal each other. The first means money in is greater than money out. The second means not spending anything, just adjusting the OCR.”
If the government is running a surplus they are extracting spending from the economy and this leaves all support for employment up to monetary policy. No government can do zero spending annually, it simply doesn’t work (or happen).
“Or it just says that even by the tory standards it’s a better budget than what national can deliver. That’s not neoliberal – that’s pointing out the nats are shit at their own game. If they hadn’t used underlying treasury projections, the they’d open themselves to claims they were using outlandish figures. That’s middle of the road, not far right.” – McFlock
“Treasury is extremely right wing – Labour aren’t” – McFlock
What else do treasury do (which they are extremely right wing at) if its not economic budgets and forecasting?
Lucky that’s not the point of the analogy, then. Astrophysicists can differentiate between stars using Fraunhofer lines. To a certain degree that’s their main use: determining the composition of individual stars so we know more about those stars.
So Labour are “far right” in principle, just not in practise because that would lose them votes?
Unless money is taxed from unproductive areas like capital gains and people on high incomes and given to people who immediately recirculate most of their money into local spending rather than hoarding it or betting on the stockmarket. Take the money from the money sinks and redistribute it back through the regions.
Taxing the rich extracts corporate investment money from the economy, and giving it to the poor injects spending money because poor people spend all their income often within the week they get it.
You sort of miss the point that Labour overlaid their plans for housing market reform, expanding free primary healthcare, R&D tax credits, and power market reform and all the rest of it on top of treasury’s bunk forecasts and it still added up better than National managed. Many of the individual policies are anathema to the neolib userpays mentality.
“To a certain degree that’s their main use: determining the composition of individual stars so we know more about those stars”
You’d want to be careful about this analogy of course, taken too far it could be that Labour has neo-liberal materials making it up. We might detect this based on policies it ’emits’.
Using physics analogies to ‘model’ politics is of course of pretty limited value. My main point is that the notion political parties just form together based on wanting to implement their policies (which of course they are always truthful about) is not correct and simplistic. Labour and National will always see themselves and act in competition, and some significant examples of parties going with the other side have resulting in follow up routes. If its reasonable politics or not, ‘turn-coat’ parties frequently lose a large chunk of support.
“So Labour are “far right” in principle, just not in practise because that would lose them votes?”
This seems to be where your going wrong, the mainstream of economics is not the ‘far right’ of politics. It is neo-liberal however which is as I stated in my earliest comments neo-classical economics. I heard a statement recently, from economics circles, to the effect of, that there had been no ‘left-wing’ appointments in NZ university economics departments in the last 20 years or so. This also accords with things as I put them.
“Unless money is taxed from unproductive areas like capital gains and people on high incomes and given to people who immediately recirculate most of their money into local spending rather than hoarding it or betting on the stockmarket. Take the money from the money sinks and redistribute it back through the regions”
Good luck with that. I think you will find that standard income tax is not nearly so specific about what is collected, or progressive in action.
“Taxing the rich extracts corporate investment money from the economy, and giving it to the poor injects spending money because poor people spend all their income often within the week they get it”
Maybe, its still doesn’t provide as much stimulation as not adding any taxes and spending the money anyway, however. Its also very difficult to use government policy to target spending effectively because government policies are by necessity quite a blunt instrument.
“You sort of miss the point that Labour overlaid their plans for housing market reform, expanding free primary healthcare, R&D tax credits, and power market reform and all the rest of it on top of treasury’s bunk forecasts and it still added up better than National managed. Many of the individual policies are anathema to the neolib userpays mentality”
What do you mean by added up better? Nobody really knows what’s going to happen when the budget is implemented. Labour had a large tax component in its policies, maybe the economy will react particularly negatively to the additional taxation and tank resulting in higher unemployment under Labour than we have today. Anyway if you are following Treasury on this then the overall fiscal balance is at best long run neutral, so your over-all fiscal balance is effectively neo-liberal economic policy.
I am reliably informed that before the Douglas era, governments used to follow Keynesian prescriptions and those included not paying as much attention to the surplus/deficit as to the unemployment/employment rate (and that was during an era of fixed exchange rates to boot). As I see it any party which perpetuates that has sold its political soul to the neo-liberals and will continue to be a part of the problem (regardless of its intentions).
Of course it does. The Chairman, for example, pointed out that Labour did some work on PPPs. But as you have noted it’s not down to one policy “element”, it’s the full package – I’m sure if we squint hard we’d find some left wing “elements” as well.
But on the other hand, the full neoliberal governments of the last thirty years implement their policy objectives with very little compromise for electability or even the observed consequences of those policies. Douglas etc in Lab4. Shipley answering reporters’ questions about 1XXk unemployment with the desperate mantra “the market will correct itself”. Even the current nat government implements its policy without much compromise and operates the election campaigns in a manner disconnected from policy.
Neo-liberal isn’t far right? You might want to tell that to CV.
It’s better than GST, even at current rates with current bands. So your “fiscally neutral” (not) tax cut still had a detrimental effect on employment.
Indeed, if that weren’t the seed of its own problems (and believing that isn’t particularly right wing or neoliberal).
Actually, they can be quite precise: you have unemployment in Northland, so you build roads and infrastructure in Northland. You increase benefits to the unemployed, and that money is immediately spent in predominantly economically depressed areas.
I pay little attention to Treasury. And again, you seem to be calling balancing the government books a neolib fetish that wasn’t a concern prior to 1984. Is that your position, or are you arguing something else?
edit: “adding up better” – looking better than the nats in their own dogma, with less economic fudging, and still providing better social policy.
And besides, if capital flight occurs, good riddance to ’em /edit
Okay, if pre-Lange governments didn’t pay much attention to deficits, which of them had higher crown debt (gorss, net, absolute or %gdp, whatever makes you happy) levels than the current lot? And why did the second labour government bother with the “black budget” if it was happy to just print more cash?
BTW, just while I remember: thanks for the discussion – it has made me question some of my assumptions and look into knowledge gaps I hadn’t really noticed before. 🙂
“It’s better than GST, even at current rates with current bands. So your “fiscally neutral” (not) tax cut still had a detrimental effect on employment.”
When I point to the fact they were (arguably) fiscally neutral I am not disputing that this shift towards GST had negative effects on employment.
“Okay, if pre-Lange governments didn’t pay much attention to deficits, which of them had higher crown debt (gorss, net, absolute or %gdp, whatever makes you happy) levels than the current lot?”
I don’t think looking at crown debt is a very good measure here, because it can start from low levels, or debt might not be issued. Ideally you can look at the deficit using something resembling modern accounting, but that gets more difficult the further back you go in time.
But this is a good reference with statistics to the sorts of policies I suggest. http://socialdemocracy21stcentury.blogspot.co.nz/2011/09/keynesian-stimulus-in-new-zealand.html
It might also be noted how one of the main legacies of Muldoon was the think big projects, which were already much more Keynesian than the following Labour government.
“And why did the second labour government bother with the “black budget” if it was happy to just print more cash?”
The black budget was associated with a balance of payments crisis. This is usually associated with a need to devalue a fixed exchange rate. Similar things have been observed to occur for both fixed exchange rate mechanisms and gold/silver standard systems, where the government faces a difficult choice between devaluing or cutting back stimulus probably increasing unemployment.
Because NZ floats its exchange rate this is much less of a big deal for the NZ economy these days. The devaluation effects are less strong under a floating exchange rate because when speculators see a likely event of a devaluation they want to cash out immediately (rather than waiting for the devaluation) which puts additional drain on the reserves. So on a gold standard, if it becomes clear that the government is unable to maintain it and is likely to devalue, then speculators want to cash out immediately at the higher exchange rate and this drains gold out putting additional pressure on the exchange rate.
“And again, you seem to be calling balancing the government books a neolib fetish that wasn’t a concern prior to 1984. Is that your position, or are you arguing something else?”
This is absolutely my position, yes. Balancing the books is a neolib fetish. The IMF for example provides loads of documentation supporting this contention.
I think you subscribe to a theory of the institution of money which comes from the present main-stream of economics. If you are interested in how I reached my conclusions I suggest you look at this post. It explains the basics of how money works (as I see it) including why money is used to begin with.
http://bilbo.economicoutlook.net/blog/?p=332
As I see it this theory is significantly superior in the scientific sense to the main-stream theory, and certainly testable.
sorry about the delay – been a bit busy to switch into the headspace.
Ok, so government deficits are apparently less important now because of the floating exchange rate. But that only removes the speculative crash with each manual devaluation – the currency still devalues if it is oversupplied, and this then requires inflationary effects because we’re in a global economy. So arguing that the money supply is “limitless” ignores the practical limits on the utility of the currency.
Secondly, if maintaining a balanced budget (e.g. to address the balance of payments) decreased in importance after floating the dollar, that only happened under Roger Douglas. So an alternative perspective is that rather than being “neoliberal”, the Labour (and, I’d suggest, the conventional NZ layperson’s view as to government fiscal competence being analogous to their household finances correct or not) might merely be “out of date”.
“But that only removes the speculative crash with each manual devaluation – the currency still devalues if it is oversupplied, and this then requires inflationary effects because we’re in a global economy. So arguing that the money supply is “limitless” ignores the practical limits on the utility of the currency.”
Yes, its possible for the exchange rate to fall, because of a plenty-full supply of currency. However there are many many much more significant effects on the foreign exchange markets than the deficit, and it tends to be largely self correcting anyway.
One important point about deficit spending and its effects on inflation is all spending creates exactly equivalent inflationary pressures. So when somebody borrows money to make a house purchase, this creates as much inflationary pressure as the equivalent amount of deficit spending.
No, pointing out its limitless, its just about making cogent arguments. The government has an unlimited budget so in order to justify restricting spending it needs to show the negative impacts of that spending. I didn’t claim at any stage that government spending has no effects on the exchange rate or inflation, but we need to look at the actual effects, not some fictitious belief that the budget should be balanced. If you look at some of the justifications for balanced budgets, e.g Ricardian Equivalence, NAIRU, Crowding Out, they are utterly ridiculous. Its only by hiding behind false household budget analogies that these ideas survive public scrutiny.
“So an alternative perspective is that rather than being “neoliberal”, the Labour (and, I’d suggest, the conventional NZ layperson’s view as to government fiscal competence being analogous to their household finances correct or not) might merely be “out of date””
It’s certainly wrong to believe that, but oddly it was better before this restraint was removed. This is part of why its important to explain the plain facts.
@ McFlock
Wasn’t the KiwiRail buy back merely bailing out Toll? Thus, corporate welfare.
Anderton’s persistence led to Kiwibank.
Labour went on to introduce Public Private Partnerships. Suggesting they planned to continue privatizations.
Okay, now what would the fourth Labour government have done?
My guess is that they would have let the rail lines be sold for scrap and ignored Anderton.
Fair point on PPPs, but my argument has never been that Labour is very left wing. Just that it isn’t a bunch of far right zealots.
A well made argument Nic. Thank you.
Mockery of CV is an argument. An object of valid ridicule says what? Just like Penny Bright or Donald Trump: waiting for someone credible to say it.
Labour is to the right of the political spectrum.
It was moved there by Douglas and Prebble and has never returned to its roots.
Probably true. CV saying it makes matters worse. Sad and true.
look, whether Labour is to the left of the right, or the right of the left, of the political spectrum is a reasonable argument if you can be bothered with it. The spectrum is broad and any party would have a package of policies that are like Fraunhofer lines, with collections of elements that might be conservative or liberal, left or right.
But CV said “far right”: the dwelling-ground of fascists, randian superheroes, and religious ultra-conservatives. Yeah, nah.
Quick question, which party has taken up the Labour election policy of raising the super age? Where do you rank them on the political spectrum in NZ?
and yet Lab5 still chose to implement Alliance and Green policies rather than forming a coalition with nact, such as renationalising kiwirail. Like I said, “any party would have a package of policies that are like Fraunhofer lines, with collections of elements that might be conservative or liberal, left or right”.
One policy makes neither a neolib nor a comm1e
No, but it easy fit into ACT it clearly shows that the policy is pretty neo-liberal. It depends how many of these it has, as I see it too many of the headline policies.
In particular, if your party has a belief it has financial constraints dictated by the market, don’t complain when it implements pro-cyclical policies including retrenchment in response to economic downturns.
Yeah, nah, they might not be MJSavage, but they ain’t Forbes&Coates either.
Labour is to the right of the political spectrum.
If so, the centre and left of the political spectrum are good for maybe 10 per cent of the vote. In which case, either NZ is a utopia for the far right, or your concept of the political spectrum is completely fucked. I wonder which it is?
Exactly PM. NZ is generally left-ish, most Kiwiblog readers are spewing that Key has (at least pretended to) steal loads of Labour policies (CGT, public transport, cycleways, paying teachers and nurses, not being fascist) and plastered the Gnats all over the middle of the voting spectrum
The background of Nash is an example of something I have noticed about Labour and National. The children of politicians and connected functionaries find it a fertile area to advance themselves, using their parent’s connections and understandings. But they may not have their parent’s sense of allegiance to the core beliefs of the Party and its sense of some responsibility to the country and the people. Labour for instance has this Nash chap, descendant of a former Labour follower. Roger Douglas, another of these. I’m sure there are more.
Thinking about it brought a part of a recently read novel to mind. It is by Ruth Rendell (Talking to Strange Men) and she explores the genesis of an amoral gang of youths and how a culture of immoral behaviour can develop. They are mostly male teenagers, the group is secret and select and has formed rules and methods that all use and comply with and loyalty is required.
Rendell has the contender who has been handed the leadership thinking:
“They would see some changes now. Mungo-style scruples… (of the previous leader)
would have no place in the new regime. When you considered what could be accomplished with scruples, all that planning, information…how much more was possible when scruples were discarded?
That code nonsense should go. It had always been artificial….The ban on what Mungo rather naively called ‘dishonesty’ – that must be the first to go. A kind of Mafia, Charles (new leader) decided he had in mind, but run by the cream of a rising generation, the country’s best brains, a youthful public school elite, headed by one who had already killed his man…(Charles had killed by pushing a man to fall down stairs but was safe from discovery as no-one had knowledge of it.)”
Stuart Nash is adopted – born a few months before Sir Walter Nash died – so he’s not a descendant by blood!
And just what is that supposed to mean?
That is just about as silly as the British royalty rules that you have to have “Royal Blood”, whatever that is supposed to mean. Is it really blue, perhaps?
I suppose you hate Bill Clinton because he was in fact adopted by a man named Clinton?
Take your anti-hysteria pills alwyn.
HS was stating a fact. Nothing more… nothing less.
A fact followed by an exclamation mark, so therefore some implied significance to that fact.
Some folks get read a lot into the weirdest personal details, it seems.
Just a fact that not many people may know – I don’t hate anyone. Stuart Nash has been involved with adoption issues in the past in his parliamentary career, that’s all. Greywarshark had talked about Stuart Nash’s past, which was why I mentioned it. He talked about finding his birth mother in an article a good while back.
It’s strange that “facts” are no longer allowed to be talked about. Maybe alwyn is taking the lead from the NZ Herald – they never let facts get in the way of a good “story” these days!
I think that nurture is stronger than nature myself. The bringing up and attitudes embedded early make the difference I think.
I agree that nurture can sometimes seem stronger than nature – although some of the studies done on identical twins separated at birth and adopted by different families, who don’t even meet each other till they are grown yet share so many traits etc, makes me think that genetics are more powerful than we realise. The more we know, the more we realise how much we don’t know I guess!
Here is the article about Stuart Nash’s adoption for those interested.
http://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=10010520
September 21, 2015
Putin to Netanyahu: Russia’s Actions in Mideast Will Always Be Responsible
TPS / Tazpit News Agency
“…Putin also doubted Netanyahu’s suggestion that the Syrian government would open up a terrorist front against Israel.
“In regard to Syria, we know that the Syrian army is in a situation such that it is incapable of opening a new front,” argued Putin.
Although diplomatic relations between Israel and Russia have grown and advanced since the fall of the Soviet Union, significant differences remain between both countries on various Middle East issues.
Russia maintains strong connections with Iran and Syria, both of which are enemy regimes of Israel.
In contrast with Israel, Russia also views Syria’s President Basher al-Assad as a necessity for maintaining stability and order in Syria.
Despite existing disagreements, both leaders assured the other of maintaining good relations.
“In all of the relations between us, whether I agreed and also when we differed, our discourse has always been conducted with mutual respect and openness,” Netanyahu told Putin.
While Putin made it clear that Russia’s “main goal is to defend the Syrian state,” he also expressed a cordial greeting to Netanyahu.
“I understand your concern and I am very pleased that you have come here to discuss all issues in detail,” Putin said to Netanyahu. …”
Interesting …..
Is Russia going to buy Israeli goods to help replace those that they may longer buy from Turkey?
So Russia does not support the BDS campaign?
Penny Bright
Mayoral candidate cowers from climate change scrutiny.
The mayor of Auckland has fuck-all foreign policy responsibilities.
Penny won’t even own up to her responsibility to pay rates
Would Putin be so cordial should Netanyahu ever decide to bomb Iran – a nation which I think he genuinely hates?
Robert Glennie
Political policy must be fleet of foot in this era of hypocricy, loud statements, quiet counter-plots, avowed intentions and obvious contradictory actions. One must no doubt, tread softly, usually, with a pocketed velvet covered knuckleduster. Also be prepared to be flexible in order to survive. What cordial would you serve at the high-level meetings?
Putin would work through the situation diplomatically. Put it this way: Israel hates Hezbollah and Iran with a vengeance – but Russia has helped convinced Israel not to strike at Hezbollah and Iranian fighters taking on ISIS in the north of Syria.
That’s Russian diplomacy at work.
In any event, Putin will do what ever is good for Russia.
Interesting set of interviews and discussions on Q+A this morning. JK got grilled reasonably thoroughly about a Colmar Brunton poll about things most NZers are concerned about (pay rates, job security etc) and when Michelle Boag tried to skew the following discussion by saying that people were only allowed to rank pre-selected issues, jose Pagani managed to make the point that the poll process included a pre-poll which identified the issues that the later poll saw ranked.
I can’t say that I was as impressed later in the show when she seemed to (STILL) by backing Shane Jones to head the Labour Party, though. After an interview with Jones about Pacific issues (no mention of climate change), panellists were asked where they saw him in 5 years. Pagani answered “”Leader of a social democratic party – possibly the Labour Party”. Get over it, Jose!
Shane seems to confuse industry and jobs with pimping us out to big business.
I would have him as a good bet to pop up in NZ First though.
That is pretty much what both National and Labour have been doing for the last thirty years.
I don’t think many women would be too thrilled with Shane Jones as Labour’s Leader! He is sleazy and slippery and sly imho!
Pagani does not represent left wing thinking.
She is given a pulpit because she is what the establishment wants the Labour Party to be.
The term fifth columnist comes to mind.
Debt and Security – A social liberal response to the spending review
TL;DR
Government going in to surplus weakens and eventually destroys the economy.
Here’s hoping there’s confirmation on the way.
A Swiss newspaper is reporting that imprisoned Saudi blogger Raif Badawi could have his sentence of 1,000 lashes suspended, but Amnesty International has yet to confirm the news.
The Swiss Secretary of Foreign Affairs Yves Rossier told the Fribourg daily newspaper La Liberté that Badawi’s sentence was suspended.
“A royal pardon is in the works thanks to the head of state, King Salman bin Abdulaziz Al Saud,” he said.
http://www.cbc.ca/news/canada/montreal/raif-badawi-sentence-suspended-swiss-official-1.3341687
Saudi Arabia had 50 decapitations lined up to go in the last week or so.
There’s certainly something evident from the following article – it’s either the blatant racism we saw in New Zealand where there are no housing problems (and those are the official government view), or its something we haven’t seen here for some time – plain old fashioned honesty in reporting!
http://www.nytimes.com/2015/11/29/business/international/chinese-cash-floods-us-real-estate-market.html
Come to think of it, our government promised that we would get some better reporting on sales to overseas investors – I wonder how that is going?
This mass gunman is not labelled a terrorist.
http://www.nzherald.co.nz/world/news/article.cfm?c_id=2&objectid=11552913
“Loo explained in a posting on the Labour-aligned political blog, The Standard”
Chris Trotter failing to comprehend the difference between the labour movement and Labour. He is not the first of course. But it isnt a difficult concept
Is the labour movement aligned with Labour? Yes, or no?
How Walmart Keeps an Eye on Its Massive Workforce
As I’ve said before, the real problem of mass surveillance isn’t the government but the corporations. They will watch everything that you do and take action against you and you won’t even know.
“As I’ve said before, the real problem of mass surveillance isn’t the government but the corporations”
Even if you are correct – which I have my doubts about – the ongoing melding of governmental and corporate power will make the point moot.
Tory terrorism and personal responsibility. Right wing lies don’t just kill New Zealand children.
TED Talk: The global food waste scandal
We were told by john key on q&a to support the success on our economy that we have experienced pay increases of 3% on average, this being well above the inflation rate. Then how come we see such articles as :
http://www.stuff.co.nz/waikato-times/opinion/68640796/NZ-teachers-deserve-a-decent-pay-rise
http://www.stuff.co.nz/environment/73766181/ross-henderson-department-of-conservation-workers-taking-a-stance
The response from DOC management would be laughable, were it not such a serious issue. They initially offered just a 0.4 per cent increase in pay.
Perhaps we will see our govt ministers accepting without any opposition of pay increases for 3% to the public sector 🤑🤑
“We were told by john key on q&a to support the success of our economy that we have experienced pay increases of 3% on average”
Note the last 2 words. The average goes up a lot when a small group of CEOs get massive rises, but it means nothing for the minimum-wage people who clean their offices. This govt have form for lying about stats.
SMH has a fascinating piece on the demise of the Abbott administration.
Shirtfronted: Loyalty, power and the plan to replace a Prime Minister
Can’t wait for the NZ version to take place…
Yet another Key success story bites the dust. http://www.stuff.co.nz/business/industries/74534581/2000-broken-hopes-at-failed-wellington-call-centre
And it is possible that the staff once again will miss out on wages etc. Isn’t amazing how many firms seem to close just before Christmas