*yawn* Is alive
March 2, 2011 at 8:58 am
(This post was last modified: March 2, 2011 at 9:01 am by BlackUnicorn.)
Well hello, may have been to a forum like this...got annoyed about something and just left.
Looks interesting I guess....getting sick of the mass prayers here.....
By that I mean the mass Earthquake prayers to the
Though the major thing that effects me is our right wing popularist govt (I have to choose between Greens and semi-Nationalists if I want to keep NZ from third world status) wants to scrap interest free loans, cut the education budget and welfare to quote 'help Christchurch', noting that the Earthquake gives him to the excuse to do this....politics....got to be sick of it right?
A new concept, they cut their bloated $150,000+ salaries back to pre-recession levels.
Apparently cutting education so young people end up in lower paying jobs, while simultaneously keeping the poor poor increases the GDP?
Looks interesting I guess....getting sick of the mass prayers here.....
By that I mean the mass Earthquake prayers to the
Though the major thing that effects me is our right wing popularist govt (I have to choose between Greens and semi-Nationalists if I want to keep NZ from third world status) wants to scrap interest free loans, cut the education budget and welfare to quote 'help Christchurch', noting that the Earthquake gives him to the excuse to do this....politics....got to be sick of it right?
Quote:Scrapping interest free student loans has been floated by the Finance Minister to help pay for the rebuilding of Christchurch.http://tvnz.co.nz/national-news/english-...ld-4043018
Bill English is refusing to rule out slashing back some programmes as the government grapples with the potentially $20 billion project.
Cuts are being floated because English is refusing to rule them out.
"We're just not getting into ruling in and ruling out, because we are still trying to get our heads around the actual costs of what has gone on in Canterbury and we need to give ourselves the room to see how we can find the cash," English said.
He is also refusing to rule out cuts to the Working for Families scheme which gives tax credits to parents, even those earning middle and upper incomes.
"We're just not ruling stuff in or out," he said.
When the 6.3 magnitude earthquake struck Christchurch a week ago, the economy was already fragile.
The New Zealand Institute of Economic Research has downgraded its economic growth forecasts for this year from 2.3% to 0.3% - in other words, virtually no growth at all.
The NZIER said Christchurch employs about 15% of the country's workforce so the earthquake will have a big impact on the national economy.
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NZIER economist Shamubeel Eaqub said about half of the growth forecast reduction is because of the earthquake.
"But also we have got an economy that is already quite weak. We've got food prices which are rising quickly, we have fuel prices that are going to rise quickly, so we have a really noxious mix in the first half of this year and we think the economy is going to be very weak through this year," he said.
That means more people could lose their jobs.
"There's some indication that's happening now, so in the short-term we just want to make everyone has some cash in their pocket while they sort out their circumstances," said English.
A new concept, they cut their bloated $150,000+ salaries back to pre-recession levels.
Apparently cutting education so young people end up in lower paying jobs, while simultaneously keeping the poor poor increases the GDP?
