Explaining economic influences: >https://www.rnz.co.nz/news/on-the-inside/530904/austerity-and-recession-three-simple-graphs-that-explain-new-zealand-s-economic-crisisOnly you could believe such rubbish.
which finishes with:
"Right now in New Zealand, the IS curve is remorselessly shifting left
as the economy plunges into a deeper recession exacerbated by
government austerity - an ideologically driven quest for instant
fiscal surpluses, low public debt and a shrinking public sector
relative to GDP.
Falling interest rates will struggle to make expansionary headway
against that austerity.
Meanwhile, corporate profiteering and rising government charges
continue to put upward pressure on the Phillips Curve, and the balance
of payments is weakening. This means the country as a whole is piling
up increasing debts to the rest of the world (largely through the >Australian-owned banks).
The question is, does the current government understand where its
policies are taking us?"
and the results of our government being "Off Track" >https://www.rnz.co.nz/news/business/531428/record-benefit-number-sparks-unemployment-warning
and >https://www.rnz.co.nz/news/national/531827/beneficiaries-not-getting-by-as-rental-costs-grow
and >https://www.rnz.co.nz/news/political/524919/watch-government-further-increases-sanctions-for-beneficiaries
and >https://www.rnz.co.nz/news/political/531113/the-sanctions-have-done-nothing-jobseekers-say-they-struggle-under-traffic-light-pressure
The big question is whether the government will get to the half-way
point, let alone a full three years. They are doing their best to pay
off donors, but the economic effect of Seymour/Peters /Luxon appears
to be toxic for most businesses . . .
Explaining economic influences: https://www.rnz.co.nz/news/on-the-inside/530904/austerity-and-recession-three-simple-graphs-that-explain-new-zealand-s-economic-crisis
which finishes with:
"Right now in New Zealand, the IS curve is remorselessly shifting left
as the economy plunges into a deeper recession exacerbated by
government austerity - an ideologically driven quest for instant
fiscal surpluses, low public debt and a shrinking public sector
relative to GDP.
Falling interest rates will struggle to make expansionary headway
against that austerity.
Meanwhile, corporate profiteering and rising government charges
continue to put upward pressure on the Phillips Curve, and the balance
of payments is weakening. This means the country as a whole is piling
up increasing debts to the rest of the world (largely through the Australian-owned banks).
The question is, does the current government understand where its
policies are taking us?"
and the results of our government being "Off Track" https://www.rnz.co.nz/news/business/531428/record-benefit-number-sparks-unemployment-warning
and https://www.rnz.co.nz/news/national/531827/beneficiaries-not-getting-by-as-rental-costs-grow
and https://www.rnz.co.nz/news/political/524919/watch-government-further-increases-sanctions-for-beneficiaries
and https://www.rnz.co.nz/news/political/531113/the-sanctions-have-done-nothing-jobseekers-say-they-struggle-under-traffic-light-pressure
The big question is whether the government will get to the half-way
point, let alone a full three years. They are doing their best to pay
off donors, but the economic effect of Seymour/Peters /Luxon appears
to be toxic for most businesses . . .
Explaining economic influences: >https://www.rnz.co.nz/news/on-the-inside/530904/austerity-and-recession-three-simple-graphs-that-explain-new-zealand-s-economic-crisis
which finishes with:
"Right now in New Zealand, the IS curve is remorselessly shifting left
as the economy plunges into a deeper recession exacerbated by
government austerity - an ideologically driven quest for instant
fiscal surpluses, low public debt and a shrinking public sector
relative to GDP.
Falling interest rates will struggle to make expansionary headway
against that austerity.
Meanwhile, corporate profiteering and rising government charges
continue to put upward pressure on the Phillips Curve, and the balance
of payments is weakening. This means the country as a whole is piling
up increasing debts to the rest of the world (largely through the >Australian-owned banks).
The question is, does the current government understand where its
policies are taking us?"
and the results of our government being "Off Track" >https://www.rnz.co.nz/news/business/531428/record-benefit-number-sparks-unemployment-warning
and >https://www.rnz.co.nz/news/national/531827/beneficiaries-not-getting-by-as-rental-costs-grow
and >https://www.rnz.co.nz/news/political/524919/watch-government-further-increases-sanctions-for-beneficiaries
and >https://www.rnz.co.nz/news/political/531113/the-sanctions-have-done-nothing-jobseekers-say-they-struggle-under-traffic-light-pressure
The big question is whether the government will get to the half-way
point, let alone a full three years. They are doing their best to pay
off donors, but the economic effect of Seymour/Peters /Luxon appears
to be toxic for most businesses . . .
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