Labour's alternative Budget - Parker
Sat, 26 May 2012 1:57p.m.
Labour Finance spokesman David Parker says Labour’s Budget would be “more focused on growth”.
He says the Government has “taken off the agenda the most important things that can be done now, at great fiscal consequences”.
Watch the video for Mr Parker’s full interview on The Nation.
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30/05/2012 8:32:13 p.m.
mike you can rabbit on as much as you like about Madoff but lets not forget John Key amassed a fortune working for Meryl lynch who along with goldman sax J.P.Morgan are some of the worst offenders in the wall st scandal. These people are the sort our wonderful prime minister supports.
27/05/2012 1:03:35 p.m.
Global Conscience wrote:
Mike wrote: well the government is cutting costs just like any other business by dumping thousands onto the unemployment line. But they were too stupid to factor into the loss of tax revenue.
The neutral tax changes of 3 years agocosts NZ billions every year. So I do not have much faith in this zero budget. Stealing from paper boys is the lowest any government could do.
Japan's economy has been stuffed for decades. The earthquake will generate growth greater than the past twenty years combined.
Gopvernment spending for Christchurch was allready stolen from the insurance paying public of NZ. No new money has been promised, the Nats lie to make themselves look good.
If a business made a decision which led to a significant fall in revenue, they would reverse it wuick smart. But the government refuses to acknowledge the tax chages were a mistake and reverse them.
Thsi governemtn is the most corrupt and incompetent NZ has ever seen. key will be remembered for thaking the general result from national led governments (the country bordering on bankrupcy) and propduce a record result. New Zealand will be bankrupt and owned by overseas countries.
27/05/2012 11:00:10 a.m.
The worse budget since the 1992, Ruth Richardson, Ruthenesia budget. The worse wage rises in 50 years, the worse lowest employment figures in 50 years, the highest number of NZers moving to Australia, ever. The worse employment relation since the 1920s, The worse business confidence in 60 years. As if the 2011 S&P downgrade of NZ wasn't enough? Its all a great indictment for the looney Nat government. A left led government in 2014 is sounding loads better. The Austerity measures are not working. Just as the IMF predicted in 2009.
27/05/2012 8:58:26 a.m.
@David? Economic surplus? How about Creative Accounting.9 years of Labour saw our unemployment lower, but our sickness beneficiaries grew almost 100,000 - ie hiding unemployment! If balance unemployement and sickness then even in boom times our unemployemnt didn't really improve.Labour changed its accounting system to claim surplus with ignoring the dollars of debt to a measure of % GDP, ie how to repay debt without repaying $$. If you had a $300,000 mortage, you too could claim a surplus while mantaining the debt by revaluation of your asset higher.We also have the Labour finance team getting finders fees and wined/dined by Maddoff that lead to the biggest theft from NZ ever - and the loss of $29 billion pre election 2008! Maddoff ticked the right boxes, promises of high returns, shaddy as, and not investing in NZ!We also have had major disasters. Christchurch being one of them. European melt down after decades of excess socail spending and it looks no end of the problem as they are playing ostrich and not fixing their problems, and its flowing on to the world.Japan was hit hard with its quake and made Christchurchs quake look like a love-tap, thats also been felt around the world.In business the first thing one does when can't balance the books is reduce spending, increase productivity. Convert it to our economy and everyone has tightened their spending except welfare and state-run, and we are seeing at last some tightening of state spending.Labour has not offered any real alternatives. They have suggested higher wages and higher taxation - costing jobs, more social spending - and none of it helps our economic situation. They have also supported discrimination in the workplace - so long as its left voters discriminating! Such discrimination if was targeted at a race would be unacceptable, but Labour sees it okay.
26/05/2012 9:29:13 p.m.
It will take a good government in 2014 too have too clean up the mess that this blow arse National government has created.This style of government is a Shipley government all over again.God help the young ones.Also those who are living day by day with no light at the end of the tunnel.
26/05/2012 9:16:23 p.m.
The only time this country has had a surplus and no debt is when labour has been in government. Nationals policy is borrow and hope. While they screw the low and middle.
26/05/2012 7:05:08 p.m.
Should such a government come about, and for some reason it failed, at least the departing citizens would have a country to come back to, the way Nats are going it will all be sold off.
26/05/2012 6:55:58 p.m.
CARLOS, it wont be that sort of coalition in the next election. Firstly, it will be NZFirst who will hold the cards next election and it wont be Labour who they will form the coalition with. Wake up. Come 2014 election Act, Maori Party, United Future all will be non-existent. National will NEED NZFirst to form the coalition, and Winston will be guaranteed Deputy Prime Minister. I know it may seem a bit unlikely at this stage, but mark my words, this is the way NZ will go.
26/05/2012 5:57:51 p.m.
Labours budget - borrow more at high interst rate, increase welfare so our dependant voters votes us in again and give, bloat the state sector again, give more power to the Unions and more election bribes and freebees away. Greece here we come.
26/05/2012 3:48:42 p.m.
Just Julie wrote:
Gosh yes;I mean the National/Act/United Future/Maori Party "4-headed monster"(who said that?) is working so incredibly hard for all New Zealanders and has only bled 50,000 souls to Australia in this past year.
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