tag:blogger.com,1999:blog-11906042.post6414678086181613437..comments2024-03-22T11:55:50.335+13:00Comments on Not PC: Three years on, how does the government’s economic rescue look?Peter Cresswellhttp://www.blogger.com/profile/10699845031503699181noreply@blogger.comBlogger8125tag:blogger.com,1999:blog-11906042.post-50531141569149080752012-03-19T15:18:41.715+13:002012-03-19T15:18:41.715+13:00If borrowing at a good rate for investing ever mak...If borrowing at a good rate for investing ever makes sense and one considers national infrastructure an investment then right now is a good time for government spending on infrastructure because the cost of borrowing is low. <br /><br />It doesn't really matter what the cause of the crunch in economic activity is when considering the opportunity to build roads, bridges or better sewerage systems - if it's affordable (and if not only lenders are charging low rates but workers and their employers are under pressure to find work and therefore provide competitive good value it's affordable) then questions of whether or not austerity in luxuries or a deliberate policy of public spending replacing private makes sense are beside the point of getting value for money when it's available.Fentexnoreply@blogger.comtag:blogger.com,1999:blog-11906042.post-76102929656580022992012-03-18T18:09:38.707+13:002012-03-18T18:09:38.707+13:00Prof. Nassim Taleb the author of Black Swan has co...Prof. Nassim Taleb the author of <i>Black Swan</i> has come out to support Ron Paul. He thinks that Ron Paul is the only candidate that understands the gravity of the economic problems of the country.<br /><br /><a href="http://www.youtube.com/watch?v=DrppNZGxcrg" rel="nofollow">Nassim Taleb Brings Common Sense to CNBC as he supportsRon Paul</a>Falafulu Fisinoreply@blogger.comtag:blogger.com,1999:blog-11906042.post-47360246703013390432012-03-16T09:28:14.603+13:002012-03-16T09:28:14.603+13:00Economically inept, or morally corrupt?
Which on...Economically inept, or morally corrupt? <br /><br />Which one is it?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-11906042.post-16133384929508352662012-03-15T10:08:27.211+13:002012-03-15T10:08:27.211+13:00So, is a melt-down inevitable?, or might NZ Inc st...So, is a melt-down inevitable?, or might NZ Inc struggle on like this forever, never doing as well as it could have, but never totally collapsing either?<br /><br />Intuitively I feel PC must be right... but don't we sooner or later need ground truth?the drunken watchmannoreply@blogger.comtag:blogger.com,1999:blog-11906042.post-53155508011794203282012-03-15T09:28:53.418+13:002012-03-15T09:28:53.418+13:00That link has some funny shit in it Markus. In par...That link has some funny shit in it Markus. In particular I had a laugh at this:<br /><br />"Dave Prentis, general secretary of the public sector union Unison, said: "...one public sector job has been lost every 2 minutes and 18 seconds. That's 625 public sector workers joining the dole queues every single day..."<br /><br />He clearly admits that pubic sector workers are not capable to find productive jobs elsewhere.<br /><br />God, those captchas piss me off. Why do I need that when I sign in via my Google Account? They are impossible to read, I tried audio which simply won't work. I press on today because I want this heard but I already comment a whole lot less because of this stupid thing.Dintherhttps://www.blogger.com/profile/09444894238003853527noreply@blogger.comtag:blogger.com,1999:blog-11906042.post-23243039612742281872012-03-15T05:02:09.647+13:002012-03-15T05:02:09.647+13:00Good news from the UK.
Osborne's austerity dr...Good news from the UK.<br /><br />Osborne's austerity drive cut 270,000 public sector jobs last year<br /><br />http://www.guardian.co.uk/business/2012/mar/14/osborne-austerity-270000-public-sector-jobsMarcusnoreply@blogger.comtag:blogger.com,1999:blog-11906042.post-32537546765789124952012-03-14T15:46:51.947+13:002012-03-14T15:46:51.947+13:00And the gummint has a bob each way<a href="http://www.rbnz.govt.nz/finstab/banking/4335146.pdf" rel="nofollow">And the gummint has a bob each way</a>Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-11906042.post-71731299174586666372012-03-14T15:15:05.080+13:002012-03-14T15:15:05.080+13:00Jobs Summit, Knowledge Economy Conference, Smart G...Jobs Summit, Knowledge Economy Conference, Smart Growth Strategy - all we need is another group of so-called experts trying their hand at central planning. It will work as well for New Zealand as it did for the Soviets.<br /><br />I ran into an old friend of mine at a concert last night who said that she had been appointed to the Productivity Commission. <br /><br />"What the hell is that?" I asked.<br /><br />"Twenty economists in a room," she replied with a chuckle.<br /><br />"Locking twenty economists in a room sounds like a positive step," I replied.Kiwiwithttps://www.blogger.com/profile/10507667837257013301noreply@blogger.com