Written By: - Date published: 6:37 am, February 13th, 2009 - 24 comments
John Key and Tracey Watkins have both (completely by coincidence) said we must avoid responding to the recession with a ‘sugar rush’ of spending. They’re just making excuses for National’s hopelessly inadequate policies for dealing with the recession but they are right about the need to avoid a sugar rush we don’t want to just […]
Written By: - Date published: 4:25 pm, February 11th, 2009 - 17 comments
As IrishBill has said, National’s so-called ‘kick-start’ is pretty underwhelming – bringing forward a few more roads and a bigger bridge so that a couple of times a year those Aucklanders that can afford to holiday in the Coromandel won’t create such a big traffic jam, 69 new State houses in six months (= bugger […]
Written By: - Date published: 12:46 pm, February 9th, 2009 - 28 comments
This year, the economy will shrink (at least) 1%. At the same time, the population will grow 1% (at least, growth may be stronger due to expats fleeing the UK). So, there’s going to be at least 2% less to go around (on top of a 2% reduction in GDP per capita last year). Now, […]
Written By: - Date published: 2:37 pm, February 4th, 2009 - 28 comments
I’ve just had a read of John Key’s speech today announcing measures to help small and medium businesses through the recession. And my first reaction is ‘that’s it?’ 5% less provisional tax, whoopie. At the end of the year you get back any excess you’ve paid or have to pay any underpayment. At the end […]
Written By: - Date published: 1:44 pm, February 4th, 2009 - 10 comments
I know when I write a post that if two statements in the post seem to disagree someone will quickly point out the apparent logical inconsistency to me and I’ll either have to explain it or fix it. Which is all well and good. So, I thought I would do the same for Vernon Small […]
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