So it’s out and it’s National’s ‘Socialism for the Rich, Capitalism for the rest’ Budget.
-National are spending $1.2 billion per year on tax cuts for the top 10% while 285 000 children live in poverty – it’s a political obscenity.
-NO PLAN for climate change.
-Surplus is being achieved by keeping ACC levies up, hiding NZTA spending as a zero interest loan and spending half a billion less on local infrastructure in Christchurch.
-NO PLAN for jobs.
-National have now borrowed $56 billion in debt since becoming Government and the cost of that interest per day is $10million.
-NO PLAN to eradicate child poverty.
-National’s great plan for housing affordability will remove a mere $3500 on a home.
According to this budget there is no global warming, there is no housing affordability crisis, there is no manufacturing crisis, there is no inequality in NZ and there are no 285 000 kids living in poverty.
Where extra money has been dedicated to social services it’s for privatisation of services.This budget looks after the wealthy while shrugging off their obligations to those less well off.