Posts Tagged ‘treasury predictions’

Hickey on surpluses and Key’s bullshit

Written By: - Date published: 9:17 am, December 4th, 2016 - 36 comments

Bernard Hickey: “It is extraordinary for the Prime Minister to call the Treasury’s short and long term forecasts a “load of nonsense” and yet rely on the medium term ones to promise all manner of riches to voters on the eve of an election.”

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.

Oram on the budget and Treasury fantasies

Written By: - Date published: 7:09 am, May 25th, 2015 - 75 comments

Extracts from Rod Oram’s piece in the SST as posted on Facebook. “What’s missing from [the budget], and the six before, is any glimpse of the world we live in, let alone the political leadership we need to survive and thrive in it.”

National literally want to hide the costs of inaction on climate change

Written By: - Date published: 6:45 am, May 20th, 2015 - 134 comments

We the people only learned of Treasury projections on the costs of inaction on climate change (up to $52 billion) because someone screwed up a redacted document. We were never meant to know. And National’s Minister for Climate Change Issues statement on the matter is that Treasury should have done a better job of hiding this vital information from the public.

Polity: English lies on impact of tax switch

Written By: - Date published: 9:22 am, January 15th, 2014 - 15 comments

Rob Salmond at Polity has been having a look at Bill English’s “neutral” tax change in 2010…

Bill English recently heralded his tax switch as making net tax more progressive. He lied. It actually made net tax at least $500 million more regressive.

Treasury advocates own disbandment

Written By: - Date published: 12:42 pm, February 2nd, 2012 - 100 comments

Treasury has blown the dust off its 1980s economics textbooks and offered the same old failed prescription. Their moronic suggestion to cut education spending to finance tax cuts can be dismissed out of hand. But their suggestion of core Crown spending cuts has some merit; I know where we can get $75m that’s being spent on useless advice and incompetent forecasting.

Lunatic prophecies

Written By: - Date published: 2:32 pm, May 23rd, 2011 - 10 comments

Cartoonist Guy Body in The Herald, with one of those pictures that is worth a thousand words…

Some facts on Wages, Inflation and GDP

Written By: - Date published: 2:56 pm, May 17th, 2011 - 40 comments

John Key at a press conference yesterday made some claims about wages, inflation and Treasury predictions that really need looking at a bit more closely.