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The Official Aotearoa Politics Thread
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Guy Smiley
- Posts: 6810
- Joined: Mon Jun 29, 2020 7:52 pm
Is it just me… or s this whole thing just really shitaculous?
Don't piss off Winnie. Looks like this firm must have a contract with NZ Rail to get the "protestor" on the naughty step so quickly.
https://www.stuff.co.nz/politics/360694 ... nouncement
https://www.stuff.co.nz/politics/360694 ... nouncement
I drink and I forget things.
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Guy Smiley
- Posts: 6810
- Joined: Mon Jun 29, 2020 7:52 pm
This graph (from the IMF)
shows cyclically adjusted government debt as a percentage of GDP. That is, it shows the level of spending in this current term. We are the highest of any 'advanced' economy at 3.7%. This is the cost of borrowing to provide tax cuts to landlords and impose austerity measures on a struggling economy when stimulus through government spending would help revive that economy.
We are governed by financial illiterates with no imagination or drive to succeed beyond filling their own and their donors' pockets.
shows cyclically adjusted government debt as a percentage of GDP. That is, it shows the level of spending in this current term. We are the highest of any 'advanced' economy at 3.7%. This is the cost of borrowing to provide tax cuts to landlords and impose austerity measures on a struggling economy when stimulus through government spending would help revive that economy.
We are governed by financial illiterates with no imagination or drive to succeed beyond filling their own and their donors' pockets.
