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Posts Tagged ‘economic genius’

The mess that the new government inherits

Written By: - Date published: 11:47 am, October 23rd, 2017 - 51 comments

This post is too long to read. Its purpose is to serve as reference material, a “one stop” snapshot of where we are as a country. The mess that the new government inherits. The consequences of the nine long wasted years of National. The magnitude of the challenge ahead of us.

Garner on National’s death rattle

Written By: - Date published: 8:29 am, September 9th, 2017 - 73 comments

Weekend pundits agree that the Joyce / English brazen lie about Labour’s budget is a disaster for the Nats. Duncan Garner pronounces National’s death rattle.

Who agrees with you Bill?

Written By: - Date published: 6:39 am, September 8th, 2017 - 20 comments

Last night Bill English emphatically defended and agreed with Steven Joyce’s lie about a “hole” in Labour’s budget – specifically the disproved figure of $11.7 billion. Jacinda Ardern took him apart with one simple question. English has nothing left now.

Liar Joyce’s shifting goal posts and zero budgets

Written By: - Date published: 8:13 am, September 6th, 2017 - 16 comments

Hopelessly compromised Steven Joyce is trying to shift the goalposts from his thoroughly exposed $11.7bn lie to Labour’s “zero budgets”. He’s clutching at straws…

Joyce and English now laughing stock

Written By: - Date published: 7:01 am, September 6th, 2017 - 148 comments

Post John Key all National ever had going for it was an undeserved reputation for financial competence. Now that is gone too. It doesn’t get any worse than this 3 weeks out from an election.

Steven Joyce – liar or fool?

Written By: - Date published: 7:01 am, September 5th, 2017 - 52 comments

The economists have spoken, and Steven Joyce’s claim that there is a $11.7bn “hole” in Labours’ fiscal plan shows him to be either a liar or a fool. Shame on Bill English for repeating it in the debate.

National – Delivering no pay rises for NZ

Written By: - Date published: 8:29 am, August 17th, 2017 - 15 comments

Expect plenty of Nat boasting on “the economy” in the election campaign. They’ll be desperate to hide the inconvenient fact that ordinary workers are going backwards.

Health budget stuff up – incompetent

Written By: - Date published: 2:56 pm, June 16th, 2017 - 9 comments

I guess English can’t be too angry at Coleman – just last year he stuffed up his own numbers to the tune of $160m per year when “explaining” why he was vetoing an extension to paid parental leave.

Our brilliant economy

Written By: - Date published: 10:49 am, June 16th, 2017 - 51 comments

We need new thinking on the economy – zero emissions, sustainable, a big redistribution from rich to poor. But the list of current economic woe shows that even on their own old conventional terms the Nats are useless economic managers.

Family package that punishes families

Written By: - Date published: 7:42 am, May 29th, 2017 - 6 comments

Apparently the Nats can’t even run a lolly scramble.

A tin shed and a cup of cold Milo

Written By: - Date published: 11:10 am, April 24th, 2017 - 14 comments

Funny how the Nats can always find millions for vanity projects – and sweet FA for the homeless.

National’s economic report card fail

Written By: - Date published: 2:52 pm, April 18th, 2017 - 18 comments

Bill English reviews the economy

Though artificially boosted by high immigration and disaster rebuilds, the NZ economy is in the doldrums, and National are a failure even by their own goals and targets. I predict that National will soon abolish all targets, and that this will be “a sign of our success”.

Homeless crisis hidden in plain sight

Written By: - Date published: 8:11 am, February 28th, 2017 - 10 comments

Bill blames the blowout in emergency housing grants on the “hidden homeless”. Hidden only from those who will not see. Hidden only from a government that deliberately chooses for political reasons not to collect the relevant data.

Two big policy fails

Written By: - Date published: 10:24 am, February 24th, 2017 - 10 comments

This is what you get with a hasty, reactive, “top down” policy process.

Unemployment rate up

Written By: - Date published: 8:15 am, February 2nd, 2017 - 12 comments

Despite National’s fiddling the figures on the way unemployment is counted, the unemployment rate is on the rise again.

Treasury predictions – not good

Written By: - Date published: 8:08 am, November 27th, 2016 - 66 comments

Brian Fallow in The Herald summarises the take-home messages from the latest Treasury report. National have us on track to disaster.

Hollowing out the regions

Written By: - Date published: 10:58 am, August 28th, 2016 - 44 comments

The closure of 19 mostly rural Westpac branches is indicative of the ongoing hollowing out the regions. Neglecting Northland cost the Nats the last by election. Neglecting regional NZ as a whole might cost them the next general.

Nick Smith commits to raising average wage to $250,000

Written By: - Date published: 10:55 am, August 27th, 2016 - 37 comments

Great news everyone! On The Nation this morning Nick Smith committed to raising average NZ wage to $250,000!

Nats on HNZ dividend – Yes! No! Maybe!

Written By: - Date published: 7:01 am, July 12th, 2016 - 62 comments

That’s three positions in 2 days. Stay tuned to see what these headless chooks come up with tomorrow!

National costs you $100,000 from your retirement fund

Written By: - Date published: 9:49 am, July 2nd, 2016 - 66 comments

If you’re an average worker the actions of the National government have reduced the value of your KiwiSaver fund at retirement by about $100K.

Our zombie economy

Written By: - Date published: 7:04 am, June 22nd, 2016 - 149 comments

It’s basically flat-lining – only partially animated by immigration and a housing bubble.

Trade deficit worst in seven years

Written By: - Date published: 11:49 am, April 28th, 2016 - 122 comments

Add it to our record debt, our record pollution, our record housing unaffordability, our rising inequality, our terrible carbon emissions…

Housing crisis

Written By: - Date published: 7:34 am, April 19th, 2016 - 57 comments

Housing is very much in the news again. Short term profit and bugger the consequences!

Job losses everywhere

Written By: - Date published: 8:29 am, April 16th, 2016 - 57 comments

Brighter Future. Cusp of Something Special. Tell it to the newly jobless.

National the party of economic lunacy

Written By: - Date published: 10:02 am, February 10th, 2016 - 166 comments

A “$17 billion hole in the economy”. An estimated $18 billion lost because National stopped investing in the super fund. A record national debt. And we’re still talking about tax cuts? Lunacy!

Good money after bad into the bottomless pit of charter schools

Written By: - Date published: 10:37 am, January 29th, 2016 - 73 comments

Yesterday the Nats confirmed the closing of a failed Northland charter school. Turns out we’ll be paying an extra $400,000 for the first quarter of this year, even though the school will not open. Brilliant.

Anyone seen the rockstar economy lately?

Written By: - Date published: 10:30 am, January 28th, 2016 - 56 comments

Bill English reviews the economy

Record debt, a higher than expected deficit and a credit rating downgrade on our economic outlook. All thanks to National’s genius economic management!

Useless on unemployment

Written By: - Date published: 7:02 am, November 6th, 2015 - 73 comments

“Less debt more jobs” says National’s billboard. Instead we good the opposite. With extra helpings of icing on this Cake of Fail.

Economic doldrums

Written By: - Date published: 9:56 am, September 19th, 2015 - 16 comments

Two pieces this week on how National’s mismanagement of the economy has left us in the doldrums.

Destroying a savings culture

Written By: - Date published: 10:51 am, June 25th, 2015 - 36 comments

Key: “The removal of the $1,000 kick-start contribution will not make a blind bit of difference to the number of people who join KiwiSaver.” Wrong. Completely and utterly wrong.

Culprit for Nats’ housing fiasco located

Written By: - Date published: 10:39 am, June 16th, 2015 - 40 comments

You’ll never guess!

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