Take that economic whizzer Silent T.Prime Minister John Key has confirmed there will be changes to KiwiSaver, Working for Families and interest-free student loans in the budget next week
These programmes were introduced during a debt and consumption-driven economic bubble, and it is clear that they are unaffordable
Long may the bubble bursting continue.
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2 comments:
what bubble busting?
three election bribes worth a little over 1 Billion?
Chickenfeed.
We need to cut spending by twenty times that amount just to break even.
Just to break even
Not to "rebuild" Christchurch.
Not to cut any taxes.
Just to break even: we need to terminate basically then entire welfare state.
It's called arithmetic. Go and read the 2025 taskforce, go and read the government accounts, it's all there in black and white.
Every dollar spent on super, benefits, health & education - is unsustainably borrowed
When you've some way to address that, come back & we'll know you're serious.
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