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![Quote](images/misc/quote_icon.png) Originally Posted by Daytr
Agreed, however there are a swathe of people that have got pretty wealthy at least in NZ terms based on the current structure and they are unwilling to rock the boat.
Neo-liberalism for the last 40 years has basically been about underfunding Governments and enriching the already wealthy with privatization, keeping wages suppressed and not taxing the massive capital gains. The wage suppression thing became a bit unstuck in recent years, however I suggest we will be back to the status quo under this coalition Government.
Trickle down theory- trouble is it’s just that - a theory not a reality.
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It works for those who it is intended to work for ..
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This government should be prioritising policies to help redirect some of the over-investment in real estate into keeping NZ companies capitalised and owned and listed in NZ. Perhaps KiwiSaver contributions directed to a local NZ fund invested in NZ could be rebated against income tax. Pension funds in other countries tend to have a rebate scheme and home country bias.
‘However it won’t be done as the vested interests lie overwhelmingly with existing real estate owners and keeping the increasing prices/constrained supply for the demand dynamic alive.
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There's reasons to be disillusioned with the capability of management locally -> FBU, RYM, AIR etc
If we invest in better companies overseas that could more than offset foreign ownership issues. Then do what you like on the regulation side to improve minimum wages, employment standards, employer contributions for kiwisaver to match the Australian rate and make them pay for it.
In a recession the USD would decrease which offers more protection.
Last edited by Panda-NZ-; Today at 05:50 PM.
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![Quote](images/misc/quote_icon.png) Originally Posted by Bjauck
This government should be prioritising policies to help redirect some of the over-investment in real estate into keeping NZ companies capitalised and owned and listed in NZ. Perhaps KiwiSaver contributions directed to a local NZ fund invested in NZ could be rebated against income tax. Pension funds in other countries tend to have a rebate scheme and home country bias.
‘However it won’t be done as the vested interests lie overwhelmingly with existing real estate owners and keeping the increasing prices/constrained supply for the demand dynamic alive.
Do what Singapore does with public housing - problem solved.
Simple.
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![Quote](images/misc/quote_icon.png) Originally Posted by dobby41
Do you have any idea on how many welfare recipients are actually in the "parasites and losers who choose to be on welfare as a lifestyle choice" category?
I agree that one is one to many but is the solution worse than the problem? A sledge hammer to crack a walnut!
Do you?
And why is using a traffic light system to require beneficiaries to live up to certain requirements and responsibilities a sledge hammer? Anyone who works for a living have to fulfill certain obligations and requirements to receive their pay.
Are beneficiaries so privileged and entitled now in wokeland that they are untouchables? They simply need to put out their hands and be entitled to handouts with no obligations or scrutiny? And in the cases of solo mums with multiple children with multiple fathers, simply screw around, have babies and the state will provide?
Fxxk that for a bloody joke.
Last edited by Balance; Today at 06:37 PM.
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