Don’t believe the Max Key Hype

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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”.

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…

TDB Recommends NewzEngine.com

…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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39 COMMENTS

  1. Is this before or after Bazzooka Robo changed his method of accounting for Debt, GDP and Crown Debt recently. The difference is about $50b more headroom.

    • Reaching for an excuse again sonny.. If Max Keys pathetic attempts at “gotcha” politics didn’t work, what chance have you got if this is the best you have? I noticed tv1 attempted to give Keys whelp credibility, which really only served to remind us just how untrustworthy they are as a purveyor of truth.. Putting yourself in the same boat is expected, but still a bit pathetic..

  2. 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!

  3. Er…a big burn whoopdeedoo??? Really??? Let’s not muck around – it went down like this the day before:
    “Jacinda, Max Key wants to call in. It’ll be great PR and superb clickbait, so I suggest you do it!”
    “That sounds fabulous, as long as I know the question he will ask. Of course I’ll pretend to be surprised.”
    “No sweat, I’ll message Max to get his question so you can prepare the ‘surprise’ answer.”
    “Fantastic team – when all done, keep an eye on the likes please. We need them to go up!’

    • Sour Kraut it was Bernard’s answer on line that has been shown above, as “a burn” What does that have to do Arden’s response in the actual meeting ( which is not even mentioned above)?

      • Coward Kraut is a hater, his mission is to hate even if Jacinda cured all ills coward would hate. It’s what his life evolves around, no political nous just pure hard right tribalism. That’s what he’s been smoking Lex.

      • Actually Wheel I’ve never actually seen any political intellect from coward. No matter what he posts it’s bad government, bad Jacinda and as his post describes, he bought his sarcastic hatred for all on this site to see.

  4. “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.

  5. 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.

      • ” Because he’s a piece of rich putty being groomed as a future Nat Party leader.

        Well he is brainless , entitled and arrogant so he will make the perfect leader of the Nasty Natz.

    • Well he is/was a DJ so the government is bound to sit up and take notice.

      If he wasn’t here already the Labour government would reinstigate MIQ immediately before letting him straight through to home isolate.

  6. But it is driving our young professionals off to Australia which has a lower inflation rate and much higher graduate starting salaries. We’ll be lucky if half return.

    • 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.

    • Graduates go to Oz because of crippling student debt. Working class tradesmen go to Oz for the bigger money and about 50% dont come back because they make way more money over there than they can here. Australia’s inflation rate is about the same as ours. Never have i heard a twenty something ever say, “You know, the inflation is really high here, I think I will leave the country…”.

      Perhaps you should write a letter to your local National or ACT MP and ask them to forgive student loan debt, and to make tertiary education free, and perhaps change our economy to a high wage economy, (like Oz), to retain our tradesmen. Just a thought.

  7. 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

  8. 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.

  9. 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.

  10. ” the media still don’t point out that’s not true! ”

    That’s why we have a plutocracy and the media get paid to keep all the mushrooms in the dark eating crap.

    Max Key smiling like that sent a shiver down my spine. He really is his shyster’s son.

  11. That old chestnut Bernard..
    My neighbours borrowed a heap of money against his house, and bought a boat, BMW and Bach.
    I might do the same….

    Let’s watch the carnage unfold over the next few years.

    I’ve sat in a conference and listened to Bernard bang on about what a dire position our economy was in just after the GFC, He practically had everyone wanting to cut their wrists. Yet here we are a few years later in a much grimmer situation and it’s all beer and skittles.

  12. 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.

  13. 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

  14. if he wants ‘celebrity’ he should book himself on ‘Kiwis got talent dancing with the NZ celebrity spin the bottle the block show’, he’s more suited to that kind of thing where vacuity is an asset.’

  15. Max Key is certainly a star on the TDB otherwise he wouldn’t have been the subject matter of a blog attracting 35 comments of which 4 can be attributed to one person.

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