It's the God damned economy stupid
Goff says middle NZ feeling squeeze of stalled economy
Labour leader Phil Goff will discuss the squeeze on middle income New Zealanders in one of his last major speeches of the year today.
Mr Goff said he would not be unveiling any specific policy details this far out from the election, but he would be discussing the need for an active government.
Middle income earners in New Zealand were feeling the impact of rising prices and a stalled economy, he said.
"They're not poor enough to get much in the way of help from the benefit system and they're not wealthy enough to find things pretty easy as higher income earners do."
Labour would not promise the world during the election campaign next year because there was no money to back it up, Mr Goff said.
But an active government with vision and a plan was needed, he said.
Indeed! Keynesian managed Capitalism, not the deregulated neoliberal Milton Friedman wet dream, is the way forward at a time when Capitalism is in crises, and what a crises, the gap between those well off and those who are not increases in NZ...
Lifetimes of toil to equal bosses' pay
Wage gaps between workers and chief executives have grown so large that some staff would have to work for two lifetimes to earn the same as their boss's annual salary.
...and the pain just keeps on coming...
More go broke from job loss
Nearly 3000 New Zealanders went broke in the year to June because of losing their jobs.
...and this is happening right when so called 'free trade' is being used to rob us of our political rights...
Protests planned for trade talks as NZ calls for caution over rights
New Zealand has warned other countries negotiating the Trans-Pacific Strategic Economic Partnership that they need to be cautious about intellectual property provision of any deal, a leaked paper shows.
In a paper it submitted to the TPP group of nine countries, it says the negotiators should be "ready to maintain an open dialogue" with groups opposed to strengthening of IP rights and that it is taking on a significant political dimension in many societies.
The paper was released yesterday on the eve of the fourth round of TPP talks, beginning today in Auckland, by a Washington-based public advocacy group, Public Citizen.
...and this is all happening right when Paula is back fresh from her free 6 week CV expansion course re-educating her on the benefits of privatization t tell dirty filthy bennies that they will be getting less...
Paula Bennett awarded trip to the Big Apple
Social Development Minister Paula Bennett is off to the big apple after being awarded a fellowship from the Eisenhower Foundation. The Minister will take in eight to 10 cities on her six week tour, as well as learn about corporate social responsibility along the way.
...and the economy is in worse shape than the Government are telling us...
Govt deficit $1.9b higher than forecast
Finance Minister Bill English has foreshadowed a New Year review of government spending following news the government ran a NZ$4.4 billion operating deficit before investment gains and loses (OBEGAL) in the four months to October 31. This was NZ$1.9 billion higher than expected, Treasury said this morning.
...Govt deficit $1.9b higher than forecast but Bill English says we'll make that up out of the mouths of beneficiaries. Welcome to the new economic darwinism, the cheapest compassion society can privatize.
The recession is not over, it has just begun and the political anger it will brew is starting to bubble.