Nicola Willis killed the Economy AND Adrian Orr

By
Martyn Bradbury
-
25
925

Three polls out today are appalling for the Government:

1 – Horizon poll: 39% of voters ‘concerned’ about coalition Government

– 39% were concerned about how the coalition government is performing
– 38% were disappointed
– 34% were frustrated
– 24% were angry
– 22% were hopeful
– 10% feel pleased, 5% excited, 4% proud, and 4% feel inspired

2 – Where do Kiwis cut back when we feel the pinch?

– 31% of Kiwis struggle to pay the power bill

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– 24% struggle to buy food

– 26% struggle to pay rent

– 29% struggle with transport costs

Overall 55% of Kiwis are not doing well and the “cost of living” crisis has only gotten worse

And 3 – The Taxpayer’s Union Poll…

…the economy is in far worse shape than is being acknowledged and it’s being driven by this Government’s inane user pays Austerity agenda…

Mortgage arrears at an eight-year high – Centrix

…National will scream they have put more money into health than Labour, but what that always misses is that National has underfunded what Health actually needed!

This Government purposely under funded Public health so that they could manufacture a crisis and slash costs so as to fund their tax cuts and landlord loop holes!

On top of this Austerity Agenda, National have quietly moved everything to a User Pays model.

Bernard Hickey is scathing…

An administered, unnecessary & counter-productive inflation shock

Govt’s move to user-pays in transport & infrastructure is administering an inflation shock; Shift from Govt-funded investment to private funding is forcing the RBNZ mortgage rates higher for longer

    1. The Government is widening its drive to turn public capital and investment costs into consumer price inflation that the Reserve Bank has to control with high interest rates.
    2. In recent days a rash of Government-controlled and driven price setters have signalled double-digit rises in prices, rates and fees in the next couple of years, due to the Government’s drive to reduce public borrowing and force their capital costs and investments off into private sector and council debt serviced through new or higher user charges, and higher council rates.
    3. They include: Metlink (43% increase for off-peak bus and train fares from July 1), 51%-Government-owned gentailer Mercury (9.7% increase in average residential electricity bills from April 1), Environment Canterbury (9.9% rates increase from July 1) Dunedin City Council (10.5% from July 1, followed by 10.2% and 10.1% increases in the following two years), Tauranga City Council(12.5% from July 1), Hutt City Council (13.4% from July 1, then 12.9% in 2026/2027), Invercargill City Council (9.5% from July 1) and Ashburton District Council (9.8% from July 1).
    4. This comes on top of plans announced over the last year to increase Government insurance levies by as much as 72%, to nearly treble the international tourist levy, to hike work visa fees 53%; to increase motor vehicle registration fees by 45%; to lift MPI fees by 18%; to reimpose the $5 prescription charge, and to remove subsidies for electric vehicles.
    5. The Government has argued it needs to return the Budget to surplus and reduce borrowing to take inflation pressure off the economy, which would allow the Reserve Bank to lower interest rates faster than would otherwise have been the case, which would in turn stimulate the economy.
    6. However, the administered price shock is forcing the Reserve Bank to hold interest rates higher for longer than expected and higher than seen after previous recessions, which means the cost-shifting and debt-shifting is proving counter-productive.

…this constant scam of giving you a pittance in tax cuts while charging you huge increases tricked the sleepy hobbits of Muddle NuZilind.

What’s the point of that $15 a week Tax cut when they are then charging you $200 extra a month in new charges?

400 000 are on welfare.

1 in 4 children going hungry.

Violence against children is rising.

Homelessness is rising.

Inequality is rising.

40% of communities have unaffordable rents.

Unemployment at 5.1% impacts Māori at 9.7% and Pacifica at 10.7%

Mortgage missed payments and unpaid bills are at the highest level in a decade.

And what is Luxon’s response to all this?

…put aside the fact that Luxon is a rich prick, look at what he has done to the economy and then consider his lecturing towards beneficiaries:

He crashed the economy with an austerity budget that borrowed more for tax cuts and loopholes we couldn’t afford, and you is lecturing the poor?

HE HAS DONE THIS!!!

Blaming the victims of his economic policy is outrageous!

National are pushing 350,000 jobseekers to find work when there is no work because they collapsed the economy!

There are less than 11,000 jobs on Trademe and less than 5000 on Seek and National are demanding new sanctions against beneficiaries after sacking 9520 public sector workers!

Nicola Willis killed the Economy AND Adrian Orr because he couldn’t stay win and oversee the next budget cuts she has planned.

Nicola Willis is a former acolyte of the Free Market NZ Initiative and her next budget is so severe the Reserve Bank Governor resigned and Winston is eyeing up a snap election, so I’m not sure hoping her idealogical fervour is any solution.

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25 COMMENTS

  1. If only the government being gh*t-useless translated automagically into the opposition being any bl**dy good, the country’s be away laughing.

  3. Slogans. Slogans. Slogans. All political parties reply on them for swing voters in particular but those of National are especially hollow.

  5. There is worse to come for the NZ economy in 2025. Recent corporate earnings reports were not good which means significant corporate layoffs are going to be announced over the next 2 to 3 months and this will weaken the economy further. On top of that we can expect more cutbacks and layoffs from the public sector in Mays budget.
    This combination will hit the economy hard in 2025 – as one economist put it “it doesn’t matter how low interest rates go when you are unemployed – no bank is going to lend you money.”
    The long term damage to the country is hard to measure because so many people are leaving NZ.

  6. The other aspect of the coalitions policies is the targeting of middle class Māori jobs in the public and NGO sectors. This appears suspiciously targeted at the Māori community and will be a much larger economic impact on that community than is felt by the country over all.
    I believe this targeted economic attack on the Māori community is part of a wider and planned strategy to radicalize the Māori Party and undermine the left block in 2026. We need to be acting now to head off this situation.

    • Spot on I have been talking to plenty of NGOs in our small Far North town and all of them are having massive funding cuts at the end of June this year.
      Apart from the fact they are a huge employer here, they provide essential addiction and mental health services.
      There will be people tasered in the streets again on a daily basis, just like 7.5 years ago and packs of 11 year old kids standing over every OAP they come across for their pension.
      Happy days are coming.

      • Thanks Rangi. Do you think TPM are aware of this? Why aren’t Labour and the Greens standing up and saying something? I don’t get it. It feels bad – really bad.

  7. The most disgusting people in this government are the backbenchers who sit in parliament and smile and laugh inanely at supposed jokes, some of them will be starting to count the numbers and they will know the writing is on the wall for these weak people who only care about themselves and power

    • Do backbenchers do anything useful? Since the govt has sacked scores of public servants in the various ministries, couldn’t the decision making that those sacked public servants did, be taken over by backbenchers, to give them more to do than smile and laugh? For example, instead of just having a minister of health and associate minister, why not subdivide the various elements of health, such as pharmac, aged care, gp’s, specialists, training, etc, and put backbanchers in charge of some of their decision making?
      Or do politicians not want such reponsibility, and taking the blame when things go wrong, instead of just being able to blame public servants.
      The current system has a bloated parliament with backbenchers who sit around smiling and laughing, and ever larger govt ministries to look after public hospitals, that once upon a time, all looked after themselves, quite efficiently.

    • Backbenchers from all Parties work hard at looking after their constituents.That role plus the ministry work they do means most do 60 to 70 hrs weekly . I would be surprised if many on this forum could handle the pressure.

  8. ‘If only the government being gh*t-useless translated automagically into the opposition being any bl**dy good, the country’s be away laughing.’
    I have to agree with you Henry.
    As it stands the opposition is only the lesser of evils.

  9. NICOLA: Welcome back to NZ Winston…and congratulations on putting together that interislander ferry deal, that you’ll be announcing the details about, at the end of the month…well done, you deserve a part on the back…but budgets are constrained, and any new govt spending could easily be completely absorbed by the health system alone…therefore, I have just one itsy bitsy tiny weany condition…that we delay any payments toward the new ferry’s…until after the next election in 2026…I’m sure you’ll understand!

    WINSTON: What the hell…I never signed up for this young lady…you put me in charge of the ferry situation because you weren’t competent enough to do it yourself…first you threw away $300000000, when you mucked up the original perfectly good ferry deal…and now you’re trying to muck up my own perfectly good ferry deal…so I’m going to tell you what the reality is…either you go along with the deal I’ve put together…or that 2026 election, is going to be happening next month…do I make myself clear?

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