• Sober reading about tax and spend trends

    From Crash@21:1/5 to All on Thu Oct 17 17:49:53 2024
    https://www.kiwiblog.co.nz/2024/10/the_difference_six_years_makes.html

    Now I acknowledge that some part of this in inflation and also there
    were pandemic costs, but the overall impression is that substantial
    increases have occurred for both revenue and expenses. Note that my
    take on stats that reference percentages are percentages of GDP.


    --
    Crash McBash

    --- SoupGate-Win32 v1.05
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  • From Rich80105@21:1/5 to All on Fri Oct 18 09:09:46 2024
    On Thu, 17 Oct 2024 17:49:53 +1300, Crash <nogood@dontbother.invalid>
    wrote:

    https://www.kiwiblog.co.nz/2024/10/the_difference_six_years_makes.html

    Now I acknowledge that some part of this in inflation and also there
    were pandemic costs, but the overall impression is that substantial
    increases have occurred for both revenue and expenses. Note that my
    take on stats that reference percentages are percentages of GDP.

    I am sure that they are carefully selected . . .

    You mentioned Covid:
    "Now defenders of the indefensible will cry “Covid” but that has
    minimal impact on income, expenditure or the surplus in 2023/24. Any
    temporary expenditure around Covid should have ended a couple of years
    ago."

    Of course even Farrar must know that the current government is
    continuing spending on Covid vaccines. While the vaccines themselves
    will be cheaper now that a few years ago, we are now on the sixth wave
    of the pandemic, and are losing about 1000 lives a year, with
    corresponding strain on our health systems.

    I saw recently that average wages in the state sector have increased
    as they got rid of workers in favour of retaining managers, and that
    one of the departments with the highest average salary is the Ministry
    of Regulations - has that department actually done anything yet?

    I saw this recently:
    "Using Fox News to support your arguments is like saying you’re a
    marine biologist because you watch Sponge Bob Squarepants."

    Perhaps Kiwiblog is similar to Fox News?
    Actually I suspect Farrar is at lest relatively accurate about the
    facts - he has just carefully chosen those that best reflect his aims
    of supporting the ActNat1st government.

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