Majors
By Kymberley Martin
Mike Jones and Kymberley Martin are part of the BNZ research team.
All its research is available here.
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8 Comments
Whatever Bollard does with the ocr...it will not stop the commodity inflation arriving with all imports and should he opt to play games with cheap credit for longer, you will see the rate v the us fall into the 60s....and that will mean petrol and diesel rising by a massive amount and food following because most food is transported by truck.
Cheap credit will not solve this economic problem. Reducing the cost of the state will. It would be far better if English and Key could drag themselves away from trying on Helen's socialist skirts and actually make a start on chopping away at the size of the state.
Telling the public the whole truth would be a good way to start. Stop the spin. End the BS. The tradeables sector 'superman' is a myth. An economy of 4 million having one million on benefits is utter madness.
Yes Wolly , that's what we need. Slash Civil Defence and teachers, and doctors, and Army and WINZ - obviously.
The end - we don't need government at all. How far this individualistic thinking will go.
The family and that's it. Weapons everywhere so you can defend yourself. You will survive. If rest cannot - that's another problem.
Ok stp....by your argument we need to increase the size and cost of govt! ....doh
I did not call for an axing of those who are needed in emergencies did I?.....I am calling for an end to the bloating of state departments that are not needed and for an end to the massive state salaries dished out to 'senior' state employees.
You need to tell us why one million have to be on a benefit in a country of 4 million...tell us why this is so stp!
Totally agree with you Wolly. NZ has reached the tipping point. Firstly, we need to deal with the immediate emergency of CHC. Then the Govt needs to give NZ a reality check and tell the truth.
The tradeable sector will not be sufficient to crrate the necessary jobs and NZ can not afford to retain its welfare system and possible not its education and health system.
Options include:
a. Opting to be a state Australia. NZ will still need to solve its problems but this allows us more time to make a less painful transition. It is also easier politically for Australians to make the hard decisions for us.
b. Make some very, very hard decisions. People need to start taking responsibility for their own lives and for their families.
But what we need mostly is honesty and personal responbility.
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