On Tue, 11 Feb 2025 21:18:48 +1300, Crash <
nogood@dontbother.invalid>
wrote:
On Tue, 11 Feb 2025 21:02:57 +1300, Rich80105 <Rich80105@hotmail.com>
wrote:
https://www.thepost.co.nz/nz-news/360575803/core-reason-why-coalition-failing >>
Interesting that Luxon attended a meeting to resurrect the ACT Party,
and that the right developed from a simple aim of cutting spending to >>reduce taxes into something that now leaves Finance Minister Willis
lost, with no answers to the nation's stagnation.
What a good thing that the author is a supporter of ACT / National -
they may listen!
Behind a pay wall.
Interesting - it was not for me, and I do not have a subscription
Link:
https://www.thepost.co.nz/nz-news/360575803/core-reason-why-coalition-failing
Extracts:
Under picture of Seymour and Luxon: "ACT leader David Seymour and
Prime Minister Christopher Luxon - adopting a religious-style
philosophy with born-again zeal has cost National and ACT the chance
to be 10 percentage points ahead in the polls today, argues Robert
MacCulloch."
Robert MacCulloch is the Matthew S Abel Professor of Macroeconomics at
the University of Auckland. He blogs at Down to Earth Kiwi.
{Link:
https://www.downtoearth.kiwi/ }
then try this link:
https://www.downtoearth.kiwi/post/given-the-mess-labour-left-why-aren-t-national-act-light-years-ahead-in-the-polls-its-the-religi
______________________
So leaving aside the comments from a right-wing economist who gets a
lot wrong himself, we have a government that gave tax cuts worth a few
billion to landlords (and yes Luxon got into that quickly), that gave
small cuts to income tax that have been totally swallowed by lumping
local authorities with a lot of costs - most New Zealanders have a
lower net income after paying for rates going up (with associated rise
in rents) by far more than the cuts in income tax (unless you are in
the top 2% of course - and ACT1stNat are now tanking the economy by
making a heap of people redundant, so consumer spending is down and
companies are going out of business at a typical rate for a National
government - that is, more than a Labour-led government would allow.
Stopping building social housing has assisted making construction a
troubled industry - many tradies are going to Australia - lets hope we
don't have an earthquake or flooding event that needs a construction
industry . . .
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