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As things stand, the coalition government is – quite rightly – decrying what the extent of underfunding (and the false economies promoted by National) have left in their wake.. Not surprisingly, the gallery took this presentation to mean that the government was dampening down the expectations of what the Budget will deliver.. We said that we would reach the 20 percent target 2 years later The same target as National, but two years later.. But we’re going to be OK It will just take a bit longer to get to where we thought we were going.. 7%, invest in solutions and prevent the terrible outcomes that have been generated by National’s fixation on belt tightening and budget balancing, As you can see Robertson had no real answer, beyond saying that Labour has already signalled its readiness to accept a slightly longer debt repayment path than National: Yeah, look, I mean, we’ve been clear from the outset that we have a slower debt repayment track than the previous Government. HERE
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So since there are expensive needs lurking in every nook and cranny, why is Labour sticking so steadfastly to the right wing ideological dogma enshrined in the Budget Responsibility Rules (BRR) that for no good social reason require Crown debt to be reduced to 20% of GDP in the next five years.. So in the meantime, please avail yourself (with moderation) of the inflight refreshments.. If so, the rationale sounded plausible enough Apparently, the rotting walls at Middlemore do not comprise even half of the mess that National has left behind, after nine years of neglect.. Not exactly socialism red in tooth and claw, right?Nor is it a justifiable response to say, a public health system facing a $2. Click
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What an odd post-Cabinet press conference that was yesterday, from PM Jacinda Ardern and Finance Minister Grant Robertson.. Besides, did we promise you this flight would be turbulence free? No, we didnt say that.. By 2020, it may have done enough to be grudgingly re-elected, but its core supporters are currently on course to feel disappointed that more wasnt done, given this challenge, and presented with this opportunity.. Yet this approach is still being allowed to define what passes for sound economic management and Robertson, like the Third Way politician he is, seems unwilling to take the political risk of disrupting it.. 4 billion shortfall, just to stand still Or shortfalls in education, defence and all the rest. HERE
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(Currently, the figure is sitting at a low by world standards figure of only 23%. cea114251b HERE
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As a result, Labour will be left trying to fix the problems it has inherited by administering only a slightly less toxic version of the same poison that caused them.. This issue will remain a live one because it goes to the heart of (a) just how radical the coalition government is prepared to be in dealing with the socio-economic problems it has inherited, and (b) the extent to which Robertson and Co remain beholden to the economic orthodoxy of the past few decades.. Welcome and here is sony vegas and yes u get full version YAY So i hope u enjoy serial number: 1R8-97PP-LPV0-SGT1 Activation/Authentication Code: GNDWES2RT-C.. ) As Bernard Hickey pointed out to Ardern and Robertson yesterday, if the results of nine years of underfunding are crisis conditions everywhere the government looks and at a scale akin to a natural disaster why then, stick with the BRR?Why not borrow while you still can at 2.. Overall, it was like hearing from the flight desk that the plane was losing pressure, one of the wings had been showing signs of wear and tear and wed be making a rapid descent but on the whole, no reason to panic, folks. 5