Another reason to vote National

Green co-leader Russel Norman is still hoping to be Finance Minister in a Labour-led government but he’s also got a plan B:

. . . He says another possibility in an arrangement with Labour would be for the Green co-leaders to share the role of deputy prime minister.

Bill English, the current Finance Minister is also Deputy Prime Minister and doing both jobs extremely well.

So well, even the Australians are praising him.

The thought of having one or more Green MPs in either of those positions, undoing the good work the incumbent is doing, is yet another reason to vote National.

 

 

8 Responses to Another reason to vote National

  1. Andrei says:

    National hasn’t got the moral authority to get my vote and if Labour and the Greens gain the treasury benches that will mean that New Zealand has got the Government it deserves.

    I also see that Obama’s poodle gave a little yap yesterday

    Like

  2. Dave Kennedy says:

    I am so looking forward to a Green Finance Minister who will begin to sort out the sorry state of our economy with a decent broad plan of measures rather than using reactionary short term fixes.

    There is only so long that Bill can use the excuse of a recession to explain our poor economic performance. Our top quintile of earners have been doing well for the past three years, the recession actually ended some time ago.

    The first mistake Bill made was to drop taxes to the rich to a level well below Australia’s top tax rate, which cut Govt revenue by an average of $2 billion a year. The rise in GST was supposed to balance this but it never worked, the tax cuts were never fiscally neutral.

    Most of the cuts to state services were arbitrary in nature and the shocking messes we have seen in various ministries and departments can be blamed on these cuts. The constant breaches of privacy, extra millions spent on consultants (often past employees), exports sitting on Chinese docks and Novopay have meant that the cuts have cost more than they have saved.

    Government debt has dramatically increased since National came to power and shows no sign of stopping: http://en.wikipedia.org/wiki/File:NZ_Govt_debt_1990-2011.svg

    Our current account deficit is still one of the worst in the OECD

    Unemployment has continued to track at the the same level since 2009 and we have a growing numbers of the under-employed. The working poor are also a growing demographic. http://www.indexmundi.com/g/g.aspx?c=nz&v=74

    We are having to import tens of thousands of workers in agriculture and construction partly because of a lack of investment in education and training.

    Bill has refused to deal with the unhealthy focus on property investment and yet another bubble is pulling money away from the productive sector. The Reserve Bank’s limited tool kit has meant that there is little that they can do to manage the inflated value of our dollar that has crippled many of our manufactures and cut jobs in an areas where they should have been growing.

    We have also seen that by relying on one or two industries rather than encouraging diversity (investment 101) has made our economy increasingly fragile. The collapse of Solid Energy and the Fonterra scares have shown the folly of putting all our eggs into the fossil fuel and dairy baskets.

    Selling our state assets to balance the books is also going to end in tears. the Mighty River sale offset the revenue lost through tax cuts a little but share holders are not happy and the price of power is likely to increase. Treasury has warned that selling Meridian too soon after the last sale will lower the value of the company and this has happened. It is a desperate finance minister who has to sell off assets below value to cover growing debt.

    We can do better.

    Like

  3. homepaddock says:

    Andrei – you can give up and let a LabourGreen government take New Zealand backwards or you can get involved and work to elect a party with policies which will help make NZ a country in which your children and grandchildren will want to live.

    Dave – This government has managed to cope with financial and natural disasters, reduce costs while maintaining services and is taking the books back to surplus. Green policy would take us backwards and hit the poorest hardest.

    Like

  4. Dave Kennedy says:

    Ele, you loyally repeat what you are told.

    New Zealand isn’t the only country that has had to endure natural disasters and it seems that “balancing the books” has stopped this Government from investing in long term initiatives that will see our economy becoming stronger in the future. All Bill has done is delay action in so many areas that the cost of managing them in the future will be so much greater.

    Our levels of poverty, poor housing, lack of investment in important areas of education and issues around the cost of electricity will still need to be addressed and it won’t come cheap. We still have to deal with the $11 billion cost to our economy of the leaky buildings that were caused by a previous National Government.

    New Zealand has a relatively small population but is rich in resources, we should be doing far better than we are. Too many of our exports are raw commodities with little added value and our manufacturers could be so much more competitive if the cost of electricity wasn’t so high and our dollar over valued. Many potential industries, that would add diversity and strength to our economy, lack support because investors are drawn to the easy profits of the property market.

    New Zealand’s economy has stumbled along with some slight improvements, not because of Bill’s amazing stewardship, but despite it.

    Like

  5. JC says:

    Then again, Sebastian Edwards told a NZ Treasury conference the following in 2011:

    The way New Zealanders’ think about
    the economy reminds me of Woody Allen.
    In most of his movies, the main
    character (Woody himself) is depressed and a bit neurotic. He goes to the
    analyst twice a week and is unhappy
    about his life. However, as the viewer soon realizes, the whining is not fully justified. After all, Woody has a beautiful girlfriend – indeed, much prettier than a guy like him is
    likely to get –, interesting friends, a nice
    apartment, and a well-paying job.
    Moreover, he lives in a
    charming neighborhood in Manhattan.
    As Woody, many New Zealanders worry a lot. They worry about the economy and
    about the country’s position in the world. They are convinced that things are going
    downhill, and believe that the future looks
    rather bleak. And yet, by almost every
    possible metric New Zealand is a success: it is at the very top of the World Bank’s
    Doing Business ranking, according to the
    PISA test it has one of the strongest educational systems in the world, and
    Transparency International assures us that it is one of the least corrupt countries in the globe. And then, of course, there is the
    All Blacks! What else can you ask for?

    In fact, in almost
    every country I give speeches– and I do it very often –, I hear people say, “If we only
    were more like the Kiwis.”

    That was two years ago and we’ve made significant improvements and progress since then.

    *Sebastian Edwards (born 16 August 1953, Santiago, Chile) is an international economist, professor, speaker, and consultant. He is currently the Henry Ford II Professor of International Business Economics at the UCLA Anderson School of Management at the University of California, Los Angeles (UCLA).

    Like

  6. Andrei says:

    Murray McCully has pulled back from John Key’s brainfart

    Like

  7. Dave Kennedy says:

    Sadly, JC, he was using dated information, our education system has dropped in rankings over recent years, while we were the least corrupt country in the world we are now ranked alongside Spain and Portugal (about 29th) and our housing is the third most expensive in the world (related to incomes). A little like our clean green image our economic reputation is based on perceptions established in the past that we can no longer justify.

    I often meet tourists who remark that they can’t understand why New Zealand is following the failed policies of their Governments when we have the potential to be so much better.

    I noticed you didn’t question any of my facts in my original comment.

    Like

  8. JC says:

    “I noticed you didn’t question any of my facts in my original comment.”

    Thats because they were mostly wrong or misleading and I couldn’t be bothered fisking them.. but now…

    Take Transparency International’s rating for example.. the 2012 result still has NZ 1st equal with Denmark and Finland.. you confused this with a survey on how NZers perceive corruption in certain occupations.. we rate our media as our most corrupt organisation.

    Or education, we are the top spender in the OECD but have surely now proved that more money isn’t helping that 20% failure rate.. yet the teachers unions are grimly fighting to retain the status quo in the face of an OECD wide move to charter schools as one answer to help the tail.

    http://www.radionz.co.nz/news/national/115658/nz-tops-oecd-list-for-spending-on-education

    Or housing.. we were about the 2nd worst in the OECD in 2007 and we are still about there, however, I bet you didn’t realise that the current house price surge is running at half the level of 2007 and significantly less than the boom of the mid 90s.

    http://tinyurl.com/o758c2e

    Or power prices.. you do know our power prices are increasing at half the rate of that under Labour, that the Lab/Green championing of the Wolak report for a single payer was rubbished by Wolak

    http://business.scoop.co.nz/2013/08/02/labour-greens-power-policy-is-bass-ackwards-wolak-says/

    As for manufacturing..

    Click to access PMI%20July%20Main%20Release.pdf

    “The BNZ-BusinessNZ seasonally adjusted PMI for July stood at 59.5, which
    was 4.3 points higher than June and a return to strong levels of expansion
    seen in May. Compared with previous July results, the 2013 value was the
    highest since the survey began in 2002, and the third highest monthly result
    on record. Overall, the first seven months of 2013 has averaged a healthy
    56.3.”

    And so it goes, you apply your Woody Allen analysis through your political lens whilst dispassionate overseas experts , Treasury and university studies, various indices etc paint an entirely different and more realistic picture.

    JC

    Like

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: