Nats accuse Labour of reckless spending

Print

Mon, 07 Nov 2011 10:51p.m.

Prime Minister John Key (file)

Prime Minister John Key (file)

Labour is facing fresh claims of reckless spending after promising to extend the Working for Families tax credit to beneficiaries.

It's part of its policy to lift children out of poverty, and the party says beneficiary families would get an extra $80 a week under a policy that will take six years to fully implement.

By 2018 that would be costing $349 million a year.

• Live updates from the election campaign – click here

Working for Families tax credits were introduced by the previous Labour government as an incentive for parents who worked, but it didn't extend to beneficiary families who are the poorest in the country.

National maintained the policy after it won the 2008 election, but on Monday Labour went further by promising to give it to parents who aren't in work.

National's campaign manager, Steven Joyce, says Labour has again shown it is oblivious to the fragile state of the world economy.

"This truly is the same old Labour - it's the same recipe of spending promises that got New Zealand into the projected decade of deficits that National inherited three years ago," he said.

And United Future leader Peter Dunne, who is minister of revenue, says Labour is Working for Families policy is a poverty trap.

"Labour designed Working for Families in 2004 to assist low income working families, to incentivise people to work," he said.

"By extending the policy, Labour is no longer focusing on lifting working families out of poverty but potentially locking more beneficiary and low income families even more deeply into greater dependence on the system."

NZN

Become a fan of 3 News on Facebook and on Twitter.

Post a Comment

Before commenting, please take the time to read our moderation guide


(Won't be published)



Comments

08 Nov 2011 01:32p.m.

Wiseacre wrote:

Investing in the future of our children - and our society - is *reckless* spending? But borrowing $1.1 billion a year to fund tax cuts for the rich is - what - fiscally prudent? It is indicative of the short-sighted right-wing mindset that they see spending on child poverty as a *cost* rather than an investment. It has long been recognised that denying the tax-credit to the children of beneficiaries was discriminatory, and morally bankrupt. Child poverty is our most pressing social problem, with long-term downstream effects on the whole of society. Kids going to school hungry - if they go at all - aren't going to learn and they aren't going to fulfill their true potential. Increased ill health and reduced life-chances result in higher unemployment and more criminal behaviour. The future costs of this will be borne by all of society. This is about investing in better outcomes for the future of our society. The long term social and economic costs of childhood poverty are immense - can we really afford NOT to implement these policies?

08 Nov 2011 11:08a.m.

Jay wrote:

What a nerve JK saying Labour are reckless spending - JK is going to annouce that a Rugby test will be played in Chch and how much money they will put into getting a ground and facilities for this and the Crusaders. Hasn't enough money been spent on rugby!!!! I say it is J K that is reckless. He is a hopeless PM, he acts like a movie star wants to be everywhere the cameras and other news items are.

08 Nov 2011 10:58a.m.

cherie wrote:

WORKING for families not sleeping in for families.

08 Nov 2011 10:46a.m.

Sceptic wrote:

Keith the worlds economy has been screwed by decades of borrow and spend policies by governments the world over, and banks that were happy to print money to fund them.

08 Nov 2011 10:34a.m.

Sam wrote:

"Reckless spending" thats tax cuts for the rich is it not?

08 Nov 2011 08:08a.m.

Doug wrote:

Well the first 2 comments show the total rabid nature of some people. Very sad commentary and a total lack of understanding of economics and cause and effect. Very sad.

08 Nov 2011 07:53a.m.

Crash wrote:

I work now, but alot of people are finding it really hard to feed kids. It is so upsetting that the National party has no fellings for people in need. Its alright for JK to undermine people on a benefit he is just a rich bastard, he does not care about us. I whould never vote for National. But they will win. Trust me.

08 Nov 2011 06:58a.m.

divan milliner wrote:

haaahaha fuck off national you monsters. if it's for children in poverty, it's "reckless spending." meanwhile, we simply HAVE to get the budget back in surplus. tax cuts? oh yeah, those are affordable, especially ones that favour the top end. getting back into surplus? no, that doesn't matter here. they only call it class war when the proles fight back. fuck them

08 Nov 2011 02:47a.m.

keith wrote:

The collective intelligence of Joyce and key has just sunk to a new low. To say that labour is not aware of the fragility of the world ecconomy shows a complete arrogance after all the state of the world ecconomy wasnt caused by working class people but greed by the type of person who would vote for conservative governments. I think it would be fair to say that these two are not aware of the world situation as they seem to want to carry on in the same vein which brought about this situation