Don’t believe the Max Key Hype

38
1904

Max Key hits Jacinda Ardern with surprise question at business event

Former Prime Minister Sir John Key’s son and property developer Max Key has questioned Prime Minister Jacinda Ardern at a business event on Wednesday.

Key asked Ardern whether she was concerned the build-up in Government debt in recent years – debt has built up during the COVID-19 pandemic – will have to be repaid by young New Zealanders.

“Do you think that this is fair?” Key said. 

Ardern laughed upon hearing it was Key, saying she was missing Question Time “but I feel I’m not getting too dissimilar a question here in the room”.

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Bernard Hickey out with the sickest burn today on Max Key, and the wider Rights, argument that this Government have sunk us beneath an ocean of debt, when comparably it hasn’t…

…this is similar to the CTU graph that pointed out Government stimulus hasn’t generated the massive inflation pressures…

…if Government spending was the driver of NZ inflation, the gap between our GDP and CPI would be enormous. It is not. Despite the Right continuing to claim Government spending is driving up prices, the media still don’t point out that’s not true!

There are many genuine reasons to complain about Labour, but pretending Government spending is causing all inflation and that the State shouldn’t borrow more aren’t two of them!

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38 COMMENTS

  1. She could have said English had built up borrowings to $90billion as at 2017,without a …pandemic to deal with.
    Max is just another ‘hardworking’ ,young….New Zealander!

    • But, but, but @ Bert! Isn’t he a d-d-d-d-dj?
      My reckons are you must just be one of those haters. Besides, his daddy is really krismetuk AND down with the kuds

      • Yeah “grab em by the pussy and you can do what you like when you’re famous”…Donald Trump

        What’s there not to hate with the likes of Key and Trump, OnceWasTim?

  2. “when comparably it hasn’t…”

    The operative word here is “comparative”. Every OEDC country is doing QE to infinity. The USA can force other countries to buy its debt by sticking a gun in their face. NZ cant do that unfortunately so much riskier game to play.

  3. Max key born with a gold spoon in his mouth is the wrong person to ask the questions about intergenerational debt left by past and current governments.

  4. Anne what is driving young professionals to Australia? The CPI? I think it’s more likely the salary bit as a main component. Who is more about wage suppression in general? I would say ACT and National. They want lower tax rates on less salary basically

  5. As with his protege` Chris Luxon, papa John has his other hand up sonny boy Max’s backside as well, directing National from a safe distance.

    • Nah, I think Max did this all on his own. Still trying for Daddys love and attention…

  6. We have all worked over in OZ and UK getting 50% more in salary/wages but we all end up back home. It is a right wing tory tenet to have high unemployment and to keep wages low in order to provide competition for staff and thus bigger business profits. Remember Don Brash urging the National party to work on raising NZ wages to Oz levels. So John Key immediately borrowed $2bn, gave tax cuts to the rich and invited the property speculators to buy and sell/flip properties with the help of subsidised taxes on interest payments.

  7. I don’t understand the mentality of guys like Max Key, and I certainly did not appreciate his father’s politics nor the fact that John Key was a first term MP when he was announced as leader.

  8. Doesn’t the covid fiscal graph show that only the UK and USA were worse than New Zealand?
    And the UK only just?

    • Alan M, Australia had 54 thousand cases just the other day and forty deaths so we aren’t the only ones dealing with Omicron

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