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And if the AB's score an own goal, it's only a game, not the whole nation's economy Mr Tame.
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Originally Posted by Aaron
He didn't miss it but rides rough shod over it with this paragraph.
“Yes, they have access to enormous mineral wealth. But to blame the difference on that alone is a cop-out. New Zealand is also blessed with outsize natural resources relative to its population.
“But per person, we have lower productivity and lower rates of savings and investment.”
Rough shod indeed. He also rode rough shod over his own strawman argument. No one said it was "that alone", except himself.
But at least he admits the mineral wealth is "enormous" - but he fails to grasp none of the other stuff could have been done without that. This is assuming your quote is representative of his position. He also missed the thing that NZ has that Aussie doesn't - crippling legislation & student activist politicians when it comes to extracting said minerals.
Dann sounds like one of those people who thinks a country can tax its way to greater wealth. If the problem is low productivity and/or restrictive legislation then the solution is not 'more tax'.
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Originally Posted by Ferg
Rough shod indeed. He also rode rough shod over his own strawman argument. No one said it was "that alone", except himself.
But at least he admits the mineral wealth is "enormous" - but he fails to grasp none of the other stuff could have been done without that. This is assuming your quote is representative of his position. He also missed the thing that NZ has that Aussie doesn't - crippling legislation & student activist politicians when it comes to extracting said minerals.
Dann sounds like one of those people who thinks a country can tax its way to greater wealth. If the problem is low productivity and/or restrictive legislation then the solution is not 'more tax'.
Not more tax but maybe different tax, and exemptions, such that Australia has. Maybe that would help grow productivity too.
I think Australia/Australians has been the more realistic of the two neighbours. A wealthy population may mean environmental trade-offs. Defending its freedom and independence may mean accepting the weaponry of bigger like-minded allies.
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Originally Posted by Bjauck
Not more tax but maybe different tax, and exemptions, such that Australia has. Maybe that would help grow productivity too.
Lower GST?
Simply having more people helps a ton (and they seem far more capable of preparing for that).
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Originally Posted by Panda-NZ-
Lower GST?
Simply having more people helps a ton (and they seem far more capable of preparing for that).
Yes Large countries are their own taxing bloc. Being small seems to be ok for some countries. However it helps being surrounded by a large populations or being in a trading bloc, such as Switzerland, Denmark, Ireland, Singapore or Hong Kong China SAR. Being a farming country miles from anywhere else does mean you need to act smarter…somehow.
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Well this is interesting. Key may have mucked in with the wrong crowd.
https://www.interest.co.nz/technolog...action-against
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Originally Posted by Daytr
Talk about jumping to conclusions. Why not just wait and see if this claim, quite common in the USA, has any merit ?
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