tag:blogger.com,1999:blog-11906042.post4718014574864285747..comments2024-03-18T17:17:00.423+13:00Comments on Not PC: How Australia’s Stimulus Destroyed 77,000 Manufacturing Jobs [updated]Peter Cresswellhttp://www.blogger.com/profile/10699845031503699181noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-11906042.post-56297196804142390592010-02-23T19:22:53.687+13:002010-02-23T19:22:53.687+13:00The perfect storm is building.
Remember the story...The perfect storm is building.<br /><br />Remember the story of the three little pigs? Some PIGS houses are going to be blown in. <br /><br />BankerBankernoreply@blogger.comtag:blogger.com,1999:blog-11906042.post-21471042986967601782010-02-23T19:20:21.961+13:002010-02-23T19:20:21.961+13:00Wille
For just a moment I almost believed you!
L...Wille<br /><br />For just a moment I almost believed you!<br /><br />LGMLGMnoreply@blogger.comtag:blogger.com,1999:blog-11906042.post-29609265144123205422010-02-23T19:19:29.221+13:002010-02-23T19:19:29.221+13:00Johnnieboy
Did you read the NZ Herald this mornin...Johnnieboy<br /><br />Did you read the NZ Herald this morning? Seems there was a feature about an businessman whose company is getting put out of business by the national socialist government of Reichfuhrer Key. It turns out that the NZ Nazi Party is subsidising that businessman's commerical opposition. The opposition companies can cut their prices well below his, as the govt bails them out no matter how inefficient or poorly run they may be. So far the businessman has had to lay off two staff...<br /><br />When he closes the door he won't be back to start again. <br /><br />And when the present banal cabal of govt MPs get the sack and a replacement pack of half-breeds swaps places with them (say in around 4-5 years time), then the subsidy will likely be removed. After all that money will be required for schemes that benefit a different cohort of well connected cronies and chums. At that point the Nazi subsidised outfits, presently ascendent, will fall over. <br /><br />What a complete fuck up! And the tax payer gets to pay for all the waste.<br /><br />Common sense? Common imbecility more like. <br /><br />Anyway, the point here is that you don't get the point.<br /><br />LGMLGMnoreply@blogger.comtag:blogger.com,1999:blog-11906042.post-18976123539816710502010-02-23T12:37:21.355+13:002010-02-23T12:37:21.355+13:00It is arrant nonsense to suggest that forcing the ...It is arrant nonsense to suggest that forcing the taxpyer to insulate NZ houses has more than an infinitesimal effect on healthcare costs, however this is always used to justify throwing hundreds of millions of dollars at someone's pet rort. If it was actually true, they could take the money out of the health budget.twrhttps://www.blogger.com/profile/10312229399327994398noreply@blogger.comtag:blogger.com,1999:blog-11906042.post-87607142252165015762010-02-23T12:01:20.708+13:002010-02-23T12:01:20.708+13:00Absolute rubbish.
I'm with Krugman on this, c...Absolute rubbish.<br /><br />I'm with Krugman on this, cause him and Bernake were so accurate about explaining the causes of the financial crisis.<br /><br />We need to spend as much as possible as quickly as possible.<br /><br />The only way to fix a credit boom-bust is to suck up hoards more credit.<br /><br />Lets completely rebuild a major city, like Auckland.<br /><br />First level it, then build it again. <br /><br />Think of the 10s of thousands of jobs that will create!<br /><br />Think of all the infrastructure benefits!Unknownhttps://www.blogger.com/profile/09435393160996950175noreply@blogger.comtag:blogger.com,1999:blog-11906042.post-36950624485373645472010-02-23T11:09:34.971+13:002010-02-23T11:09:34.971+13:00While I agree that government intervention usually...While I agree that government intervention usually results in a significant deadweight loss for the economy and wasteful spending, the case for abandoning the insulation scheme is overstated here.<br /><br />Firstly, extra inspections are not the most onerous of burdens here, and I'm sure that the costs of the government inspection and the refitting of insulation are borne by the company that installed the installation, and only initially by the taxpayer.<br /><br />Secondly, there is a significant positive from home insulation subsidies that the author has forgotten about- that taxpayer healthcare costs for those living in these now warm and dry homes will significantly decrease, and thus worker productivity will also rise due to less sick days for them and their vulnerable children. <br /><br />This sort of common-sense approach to increasing healthcare outcomes for a population is long overdue in NZ society, where the MOH will frequently reach for the low-hanging fruit of an ineffective $200 million MeNZB vaccination program, rather than do the hard yards by getting these kids into warm and dry homes which would actually do some good. I think the good at least cancels out the bad here.Johnnieboynoreply@blogger.com