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  1. If it doesn’t directly affect them, or they don’t directly see it, they’ll believe it doesn’t exist.

    As long as property prices keep going up they’ll be happy. They’ll keep increasing the mortgage, to put in a flash new kitchen or buy a jetski or another Audi…. believing they’re richer when actually they’re just over leveraged and more in debt.

    But they feel rich. And satisfied. So they just don’t seem to care.

    Only when it directly hits them will they care. But then, probably only about themselves anyway.

    Ugh. I just don’t have much faith in my fellow citizens unfortunately. I see too much greed.

    1. You’re not alone, believe me. Sometimes I don’t even want to glance at the news because it’s just too depressing.

    2. I just can’t wait to get to bail them out when the Auckland property Ponzi scheme goes to shit. Oh wait, that’s NOT what I want to do. But that is what’s going to happen – those that aren’t leveraged to hilt will have to come to the rescue of those that are, because reasons. The best financial advice you can give these days is to borrow and spend like there’s no tomorrow. You’re going to get cleaned out regardless, so it’s better to have nothing (or less than nothing, i.e. debt) in the first place.

      1. I’m not so sure that the public has an appetite for bail outs like we did last time.

        I was pretty pissed to see those who had taken the risk investing money for a higher return, expected their risk to be socialised and the government to “do something” to “get our money back” when it all went pear shaped.

        Bail outs didn’t work to fix the underlying problems. Pretty sure the next calamity will prove that. So I suspect appetite for bail outs will not the the same as last time.

      2. the middle class are drowning in debt the household debt figures are are a real shocker http://kjohnsonnz.blogspot.co.nz/2016/01/auckland-housing-market-fire-threatens.html
        i cant see how there ever going to pay the money back i totally agree with you Nitrium its going to be carnage and just you like mate i don’t want to bail them out i don’t mind feeding the kids black brown or poke doted but i don’t want to bailout the greedy stupid and foolish we are already bailing them out with record low interest rates anyone who is a saver is being screwed over.

  2. Lots of those ‘middle class’ families will not be getting the full inflation and wage adjusted support from Working for Families they need. Bill English is relentlessly squeezing the scheme over time. Many are repaying student loans getting less help over time from the accommodation supplement and tax credits. No wonder they struggle.
    Working for Families does not work for ALL families. We want Government to Fix Working for Families, so that it is FAIR. #FWFF

  3. The will be a clearance sale at the warehouse to make every one feel like they are living like kings again

  4. People are feeling the squeeze alright…the government is forgetting the basics – food, water, shelter.

  5. It may be the result of that stupid and terribly implemented corporate welfare package called WFF keeping salary and wage growth down.

    1. I’m rather suss about WFF as well. Especially the way that they don’t have anyone on their arse all the time, while receiving their handout, in the way that beneficiaries do. As far as I’m aware, WFF is just something extra you get every week without having to have a caseworker, a file, a benefit dependant obligation to do something or other, occasional “slip ups” in underpayment etc. And it seems from the “pay scale” page that many WFF recipients receive more than some benefit payments, which are the sole income of the beneficiary, every week. No one is shaming them, no one tells them to “get a job”, obviously, or routinely makes other derogatory comments about their “top up”, yet they’re beneficiaries who have a full wage as well, without the crap aspects of being on a “benny”. They’re legitimate bennys, the benny-alone bennys are the illegitimate “useless eaters” of society, etc, etc.

  6. Once upon a time, in the long ago – for kids to have a pie, or a filled roll, or even a raspberry bun for lunch was a treat once a week.

    More to the point – if the standard of meat pies is now such that they rate as ‘poor quality’ – get it fixed. A decent amount of meat. An edible pastry free from cheap fillers. Enough energy to survive to hometime.

    And people who witter on about $2 bags of rolled oats. Well. Yeah – plus the milk and (gasp) a sprinkle of sugar or jam or (oh the horror!) traditional salt, all adds to the cost. Plus cooking and clean-up thereafter. And the quality of the oats is such that you’re starving by morning tea time.

    Instead of simply focusing on ‘breakfast’ thought also needs to be given to that mid morning break where kids who’ve had to scamper to get to school can catch a sustaining snack. Not fruit, Dear Purists. School bins capture many barely touched apples or oranges. Something a kid can cram in before bolting off to play – because play comes first.

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