A poor example.Isn't that what Luxon is meant to be?
Weak leadership, no edge to him and still a fence sitter on anything significant.
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A poor example.Isn't that what Luxon is meant to be?
More talking about if you’re undergoing significant structural change. Trying to be transformative wen you don’t understand how things work is a recipe for disaster. Business experience is great for managing the status quo.We don't want to be run by intellectuals. There is more dead wood there than most groups.
Business people with real life experience and leadership is what we need, without being ideologically driven.
Anyway, eventually the shit will hit the fan here standard of living wise and those that think they are struggling now will be be pining for the good old days.
I’ll judge him come next election after a 3 year innings. If he’s not rolled from within National before thenIsn't that what Luxon is meant to be?
Fixed that for you. They never do anything. They talk a lot. Even when they have a decent chance in coalition they don't get around the cabinet table. Chest beating and telling others how bad they are for *insert trend of the moment here* is what they do. If they were actually serious about things and making meaningful change they would position themselves more centrally to work in Government everytime, whether it's labour or national getting inCase in point - the Greens. Despite their chest beating, a lot of what they do is driven by hubris. They wear their identity like a brand. You won’t find them doing anything
If each party was focused on its raison d’être, we would have:Fixed that for you. They never do anything. They talk a lot. Even when they have a decent chance in coalition they don't get around the cabinet table. Chest beating and telling others how bad they are for *insert trend of the moment here* is what they do. If they were actually serious about things and making meaningful change they would position themselves more centrally to work in Government everytime, whether it's labour or national getting in
The spending would be fine if we saw improvement in outcomes or new infrastructure. The problem is we saw neither.To add to the public service debate:
The IMF publishes public expenditure as a percentage of GDP stats.
Under the Clarke era it was about 36%
Under the Key era it was about 36%
From 2000 until 2018 it was about 36%
Under the Ardern era it went up to 42%.
This ties in with the huge tax increase; huge increase in govt spending and the transformational approach Labour experimented with.
Some thinking peoples observations:
1 - A 6% increase in govt expenditure is a significant shift.
2 - to support it you need a strong, rich, productive economy to maintain the higher costs.
3 - NZ is not rich, productive or with a diverse economy by most measures
4 - the huge tax take to support this will have a big impact on business
5 - the huge shift in man power to support this will have a big impact on the private sector
Labour experimented with a transformational shift from our historic government spend level and the evidence today is our economy can’t sustain it. (Shouldn’t be a surprise when Jacinda famously didn’t know what GDP was). We need smarter people in charge!
Our public expenditure as a percentage of GDP is above the highly productive Australia in what’s basically a list based off productivity.
View attachment 10655
Agree about the lack of improvements but economically I don’t actually think the 58% of the country that’s supporting everyone can handle the tax take and thrive at the same time - we need to earn more per person (be more productive) to afford more services and we’re famous for our low productivity.The spending would be fine if we saw improvement in outcomes or new infrastructure. The problem is we saw neither.
Which industries do you think we should throw all our resources at to achieve better GDP? What's stopping us mass producing value-added timber products like IKEA, economies of scale and distance from markets?Agree about the lack of improvements but economically I don’t actually think the 58% of the country that’s supporting everyone can handle the tax take and thrive at the same time - we need to earn more per person (be more productive) to afford more services and we’re famous for our low productivity.
The sustained recession (longest since 1991) supports this. Structurally higher govt outgoings and falling business tax revenue is a scary position to be in.
Need to find some innovation and value added products somewhere. Plenty of negative around our agriculture industry with climate change but that's basically the majority of our exports isn't it? Agriculture and horticulture? No point taxing and making it harder to do without building up a transitional industry to take over it?Which industries do you think we should throw all our resources at to achieve better GDP? What's stopping us mass producing value-added timber products like IKEA, economies of scale and distance from markets?
Agree about aunty Helen's knowledge-based economy, best idea since Think Big.
So hard to future-proof any industry with tech accelerating so fast, who's to say everyone won't be 3D printing their own furniture in 10 years, organic printers for food even, what then?Need to find some innovation and value added products somewhere. Plenty of negative around our agriculture industry with climate change but that's basically the majority of our exports isn't it? Agriculture and horticulture? No point taxing and making it harder to do without building up a transitional industry to take over it?
There will always be a place for quality product though even if 3d printed food becomes a thing.So hard to future-proof any industry with tech accelerating so fast, who's to say everyone won't be 3D printing their own furniture in 10 years, organic printers for food even, what then?
Tourism is a big sector that will get back to where it was. It’s good too in the sense of no substitute for the experience and that will never not be the reality unless travel becomes viewed through a headset in your lounge? That’s the case for the pacific as a region I reckon. The challenges with that are suitable infrastructure and accommodation to be able to accommodate to visitors, and creating an experience coupled with the beauty of our country to attract manySo hard to future-proof any industry with tech accelerating so fast, who's to say everyone won't be 3D printing their own furniture in 10 years, organic printers for food even, what then?
Organic produce, tourism, and secret lairs for billionaire oligarchs like Peter Thiel. Sounds like we've sussed the three pillars of prosperity, just double down on what we're doing now and hope for the best.There will always be a place for quality product though even if 3d printed food becomes a thing.
Need to be improving our service sector and making it as easy as possible for tourists to come here. Hopefully it returns to somewhere near it was pre-covid. John Key has to be given some credit here with him being the minister of tourism as PM and lifting it to being our highest earning export sector.Tourism is a big sector that will get back to where it was. It’s good too in the sense of no substitute for the experience and that will never not be the reality unless travel becomes viewed through a headset in your lounge? That’s the case for the pacific as a region I reckon. The challenges with that are suitable infrastructure and accommodation to be able to accommodate to visitors, and creating an experience coupled with the beauty of our country to attract many
I give him credit for movie deals with Warner Bros studios etc, boosted the economy for awhile albeit the tax breaks came at the expense of working conditions in the industry, but at least they had jobs? covid killed that, but it was already drying up.Need to be improving our service sector and making it as easy as possible for tourists to come here. Hopefully it returns to somewhere near it was pre-covid. John Key has to be given some credit here with him being the minister of tourism as PM and lifting it to being our highest earning export sector.
Australia is the same. 75% of all new jobs public sector jobs. NDIS is about to bankrupt usTo add to the public service debate:
The IMF publishes public expenditure as a percentage of GDP stats.
Under the Clarke era it was about 36%
Under the Key era it was about 36%
From 2000 until 2018 it was about 36%
Under the Ardern era it went up to 42%.
This ties in with the huge tax increase; huge increase in govt spending and the transformational approach Labour experimented with.
Some thinking peoples observations:
1 - A 6% increase in govt expenditure is a significant shift.
2 - to support it you need a strong, rich, productive economy to maintain the higher costs.
3 - NZ is not rich, productive or with a diverse economy by most measures
4 - the huge tax take to support this will have a big impact on business
5 - the huge shift in man power to support this will have a big impact on the private sector
Labour experimented with a transformational shift from our historic government spend level and the evidence today is our economy can’t sustain it. (Shouldn’t be a surprise when Jacinda famously didn’t know what GDP was). We need smarter people in charge!
Our public expenditure as a percentage of GDP is above the highly productive Australia in what’s basically a list based off productivity.
View attachment 10655
Need to be improving our service sector and making it as easy as possible for tourists to come here. Hopefully it returns to somewhere near it was pre-covid. John Key has to be given some credit here with him being the minister of tourism as PM and lifting it to being our highest earning export sector.
Devastated the whole sector really didn't it.
Yeah under this graph at stats it grew year upon year from 2014 until covid arrived. Between 2022 and 2023 it got back to 2014 numbers according to this