Distribution and Labour has been proven a failure to address poverty. We have the data. If you really cared about those in poverty you would vote National. Really read these stats with sn open mind and challenge your world view.:
Two shocking stats were released last week.
After six years of Labour, the number of children in material hardship is higher than when Labour came to office. The total number of people on Jobseeker has reached 189,000.
These statistics decide the economic debate: Is the way to lift people out of poverty to redistribute wealth or is it to have a strong economy?
Labour engaged in massive wealth redistribution. Labour collected record tax revenues by letting inflation take taxpayers into a higher tax bracket. Labour then redistributed using the welfare system.
Max Rashbrooke, senior research fellow at Victoria University, says, ā
the previous Labour-led government poured an extra $16.5 billion into welfare, carefully delivered in instalments so as not to alarm the middle classes. The core unemployment benefit rose from $215 a week to $340. Even after adjusting for inflation and higher rents, the average beneficiaryās income grew by 43 per centā.
The result is more children in material hardship.
Using the same statistical measure under National in the four years before Labour took office, 60,000 children were lifted out of material hardship.
Christopher Luxon is correct. The best way to reduce poverty is to have a strong economy. A rising tide lifts all boats. We will never eliminate poverty by making increasing numbers dependent on the state.
The left is claiming that Labour did not redistribute enough. If a future government was to confiscate all the wealth of our few billionaires, assuming they stayed to be robbed, it would only fund the government for a few weeks.
The Australian Labor Party is the most successful Labour party in the world. After the crushing 1975 defeat, its advice to the Labour caucus I belonged to in 1975 was Labour would never be elected government until we had economic credibility. It is still good advice.
Just as Labour could not out-promise Social Credit who pledged to print money, Labour cannot out-promise the Greens and Te PÄti MÄori who say the rich will pay.
Today,
no possible wealth tax enables the 2,297,000 in fulltime employment and the 525,000 part-timers to carry the 378,711 on benefits plus the 880,000 on superannuation.
Is the best way to get people out of poverty redistributing wealth or a strong economy?
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