Bambis? Balance showing his usual national spin, Its so see through and transparent and repetitive over and over just like trump his role model.But he hates trump but uses his tactics.True colours alright.
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Bambis? Balance showing his usual national spin, Its so see through and transparent and repetitive over and over just like trump his role model.But he hates trump but uses his tactics.True colours alright.
Wait for all the so-called "Lies & Negativity" apparently seen now by some hiding behind selective Pink Tints to turn mysteriously into grim reality..
It wont be far off...
Why should they be helped? The post covid environment will be fundamentally different and giving direct subsidies is what Muldoon would do. Consumers should be given money so they can "vote" for the best businesses and will lead us into the future in a VIABLE long-term way.
Garbage.
The lockdown reduced the revenues of businesses to zero - zilch. That’s not their fault - just as it’s not the media fault that advertising revenues dried up.
So why is the government helping the media then?
In Australia, the government offers $20k to $100k to tide businesses over as long as they keep staff on. That is smart economics - not picking winners but keeping businesses going so that they have a stable economic platform to relaunch on.
We have a dumb government with bugger all economic sense - strictest lockdown to achieve the same results as Australia at huge economic costs to NZers.
So if you are in business, too bad - you will have zero help from this government which promised 10,000 new builds a year via Kiwibuild. That’s how credible Cindy & her incompetent ministers are.
Banks are offering generous business loan repayment terms (sometimes underwritten by govt) and some landlords are too so there is relief being offered.
Limited liability means you can simply walk away and start another business.
https://www.newsroom.co.nz/2020/04/2...n-for-business
https://www.newshub.co.nz/home/money/2020/04/coronavirus-banks-accused-of-refusing-to-lend-money-to-tourism-businesses-desperate-for-finance.html
So much for the government loan scheme with the banks to assist businesses through the virus lockdown and crisis.
That is wrong too and shouldn't happen. Though it's not expensive unlike what others seem to be hinting at. The bad ideas should always be called out IMO.
Assets, buildings will be taken over by recievers who will sell it on to some other group. This is desirable and LLC's and the Companies Act etc are tailor made for this sitation. Try not to worry so much they are being advised by competent people. Blue or red, all they do is post on social media and collect a salary while the real work is done behind the scenes. Though for disclosure sake I generally prefer Labour (minus the chch rebuild nats have nothing since GDP "per capita" was in stagnantion at best or decline).
Agents of misfortune
"Labour MP Deborah Russell has copped a lot of flak this week from left wingers and right wingers alike for suggesting – in a question she posed to Grant Robertson at the Epidemic Response Committee – that maybe some of the small businesses struggling to survive Covid-19 came into the crisis in a weakened state. Could our low wage economy, she asked Robertson, have induced some people to set up shop when they lacked the expertise, business advice and resources necessary to survive a major external shock ?
Robertson and PM Jacinda Ardern both quickly distanced themselves from Russell, and from any inference that Labour thought that firms being hit by a once-in-a-century pandemic might have been in any way the agents of their own misfortune. But hang on. How is what Russell said any different to Robertson himself saying only a week or so ago, that mainstream media companies came into the Covid-19 crisis with pre-existing conditions?
Russell wasn’t saying these firms had only themselves to blame and/or didn’t deserve government support. She was asking whether Robertson thought our low wage economy had left them vulnerable, and less resilient. If politicians on the centre-left are being forbidden to debate such matters in public, then we’re really in bad shape. After all, the centre-right is usually more than happy to let low-income workers and beneficiaries go to the wall, and blame them for their plight"
Gordon Campbell on why governments are in effect, printing cash to defeat Covid-19