‘Growth Budget’ growing inequality and fuelling climate crisis – Greens
Budget 2025 represents a significant step backwards for Aotearoa, with the Government adding fuel to the fire when it comes to the climate and inequality crises, says the Green Party.
“This Budget is bad news for people and planet,” says Green Party co-leader Marama Davidson.
“Christopher Luxon clearly has no ambition for this country and not a care in the world when it comes to the climate crisis. This Budget will see more and more people living on the street, it will mean thousands more families struggling to put food on the table and it will result in more children growing up in poverty.
“With cuts to Kiwi Saver, housing for the ‘right people,’ instead of all people and taking away money from whānau with babies, this Government has well and truly put its cards of cruelty on the table. We do not have to accept this and we can fight for a future where everyone has what they need on a planet with thriving nature and a stable climate.
“A Green Government will do things differently. Instead of opening gas fields in the middle of the climate crisis, pushing people into poverty and punishing them for it, we will rapidly reduce emissions, reduce the cost of living and improve our quality of life,” says Marama Davidson.
Green Party co-leader Chlöe Swarbrick says, “This is even worse than a BS budget. Not only is the Government shredding public services and giving up on reducing child poverty, they’re pouring oil and gas all over the climate crisis fire.
“Resilient energy supply means investing in distributed renewable energy, not burning public money to subsidise new gas fields and fossil fuel executive profits.
“Somehow even more bewildering, these very moves could compromise our Free Trade Agreements with the UK and EU. So much for ‘responsible economic managers.’
“Last week, the Greens released our budget to show how we can reduce the cost of living, increase the quality of life and rapidly reduce climate changing emissions.
“Today, the Government said ‘yeah,nah,’ to a liveable future for all of us,” says Chlöe Swarbrick.
Go Greens .Now get out there and get real candidates whom people can vote for at the next election .The under 30s are looking for good people to vote for as they no longer have any reason to vote for what we are now seeing in government .Even the rich kids at private schools will be cringing at what they see happening .The younger generation are way more caring than the so called squeezed middle who are really caught in the Im sorted mentality and driven by greed and the need to have more than the next person even if that means walking over family and friends to get it .The squeezed were further Squashed today as they now have to have the kids at home till they are 20 and their subsidies for raising kids are being eroded to pay for the bosses new ute .
Well said Gordon Walker.
‘Growth Budget’ growing inequality and fuelling climate crisis – Greens
Growth of course being a euphemism for profit.
The theory being, that if you increase growth/profit for rich people, there will be a trickle down. We’ve heard that one before.
From Wikipedia the free encyclopedia:
https://en.wikipedia.org/wiki/Profitable_growth
….Profitable growth is aimed at seducing the financial community; it emerged in the early 80s when shareholder value creation became firms’ main objective.
Profitable Growth stresses that Profitability and Growth should be jointly achieved. It is a break from previous firms’ development models which advocated growth at first to achieve economies of scale and then profitability (see BCG Growth-share matrix).
The Profitable Growth Paradox
Profitable Growth hides in fact a contradiction in terms, one often speaks of the Profitable Growth paradox. Most growth investment will at first reduce the profitability, cost reduction efforts to boost the bottom line usually have a negative impact on future growth. This is especially true with mature products or services. The only way out of the Profitable Growth paradox is through innovation. It concerns not only technical innovation but mainly business model innovation, a new product-market space where there is no competition (see Blue Ocean Strategy). An interesting piece of research by the BCG shows that no business model is able to achieve a sustainable competitive advantage for more than 10 years……
Boom and bust, boom and bust.
This wikipedia article says: “The only way out of the Profitable Growth paradox is through innovation.”
But that only allows you to tred water untill your competitor catches up.
The only real way for a country to escape this ten year boom and bust cycle [Profitable Growth Paradox] is to become an export led economy. But even that has its limits.
Or as Greenpeace like to say; ‘There is no such thing as endless growth on a finite planet’
Imperialism, colonialism, war, is just capitalist competition writ large.
‘Pathetic nonsense.’
Well, yes you are, but you do not have to be.
Try reading some women writers and listening to your female relatives( if any are still talking to you).
Swarbrick needs tax to fund her Epsom Girls’ Grammar pipe dreams but won’t let the victims earn the money she needs for the tax.