"The Growth Agenda"
That's how John Key describes it.
It involves rolling back the RMA as legislative priority second only to tax cuts. It involves:
"infrastructure bonds" [Crown debt]
"public-private partnerships" [tolling by Australians]
OF THE FEW DETAILS released that actually describe what they would do in that first 100 days (and who now expects details from this lot?), all they really establish is they will make it easier for the government to "Think Big" -- requiring projects of so called "national importance" to be consented in ninety days, or else.
That doesn't help you or I get our projects built and our property rights protected, but it would allow the government to steamroll over people' property rights to push through projects like the Waikato pylons.
They don't want to protect your property rights. They don't want to make it easier for you to build, they only want to make it easier for them to build, using borrowed money.
Money borrowed for their tax cuts. That's the priority.
Cullen has left the Crown in a cosy fiscal position - certainly relative to the public at least. The private sector is carrying historically large debt while the Crown is now (!) in a net credit situation. Our sovereign entity is in a strong financial position relative to many other national governments.
So, the thinking goes, Jo Voter will say: yeah, fuck it, let's borrow a bit more on the government tab while I get my money back through tax cuts and I can use that $50 a week to pay off the credit card and start doing some serious shopping.
Labour will go hard on Cullen's record and target National's "muldoonism" in this campaign. They have to paint them effectively as:
But being Labour it will be under the rubric of:
New Right Tory Scum
- a vibe that inevitably seeps out. Cullen's "rich prick" being a classic. They will lose to the natural third term swing away from the incumbent government if they can't cut through and scare the horses back to the Labour Kraal.
So, should we be alarmed about National's policy to promote PPPs and tolling and increasing government debt? Or should we be alarmed that it is Labour's policy to promote PPPs, tolling and that they just blew the surplus?