Slash, burn and privatize
So after the deficit came out at $1.9billion worse than predicted because private sector profit margins evaporated, Bill English tells us he'll make it back from Welfare slash and burn strategies, we'll be taking out of the mouths of the most vulnerable to shore the accounts up.
Great, I bet the weakest members of society will love that, what with Paula Bennett's 'get a job or lose your welfare' letter sent out to end on Christmas Day, this will enthusiastically have everyone looking for employment in a 6.4% unemployment rate.
So what else other than taking from the vulnerable will National be up to? Why its slash, burn and privatize...
Govt signals further round of cuts
The Government yesterday signalled a further round of belt tightening in the public sector next year as the bill for the Canterbury earthquake and a slower than expected recovery continue to take its finances deeper into the red. However, Labour says deep cuts to government spending while the wider economy is struggling would be a "disaster", causing "enormous social distress" for little gain.
Treasury ready to advise on privatisation options
The Treasury is sitting on advice to the government about options for selling state assets, and is just waiting to be asked to produce it for the Cabinet to consider. At a briefing yesterday, the head of Treasury's Crown Ownership Monitoring Unit, John Crawford, said Ministers "will need to consider Treasury advice on SOE ownership soon", given its promise only to promote asset sales after campaigning on the issue before an election.
...the labour lite National is over, it's full bodied creamy National who represent the interests of the rich who are competing for the 2011 election, NZers will have a clear choice over what 'change' they really get after 2011 now. You can vote for the 'change' that funds the corporate elites (whom don't tend to have a very good track record of looking after your interests) or you can vote for the 'change' that directs that wealth to the people.
All National have to offer is a vulgar economic Darwinism. I believe and demand that the State can provide better than that.