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First Julian Assange, now another high profile person is charged with sex crime: Dominique Strauss-Kahn, chief of IMF.
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whoda thunk the IMF was into raping actual individuals as well?
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^^^
Presumption of innocence, jackass. ::facepalm:: Meanwhile, Labour delivers yet again! http://www.nzherald.co.nz/budget-201...ectid=10726556 Quote:
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Jesus, someone needs to walk into Labour HQ and say "STEP AWAY FROM THE INTERNET. NOW."
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http://www.nzherald.co.nz/business/n...ectid=10726458
New budget details, a few cringe-worthy remarks towards the end by our champ. |
Very balanced and responsible I'd have to say.
The left are making themselves look shallow and very stupid again. |
The government should just abandon the student allowance scheme altogether.
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I'd prefer tertiary-level education to be free so long as:
1. The student is demonstrating that the education is working by getting good grades in a challenging study programme. I do like "Get Cs or Ds and you'll be paying full fees"; and, 2. It's sensible to suppose that society needs people with the given type of education. This would mean quotas on some types of courses e.g. we need a good number of people with philosophy degrees but we don't need countless people like this; and, 3. The majority of students appreciate the moral debt they owe to those who supported their education and then go on to act in a manner that allows following generations to get the same support. I think that tertiary level students who achieve low quality education outcomes for themselves or society or who don't want to offer to properly help those that follow get an appropriate education shouldn't be given any public money as a gift or under the guise of a loan. |
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I <3 how goff thinks that changes to this years budget should be able to fix all our economical troubles, so cute. |
Haven't seen that much yet though caught Duncan Garners take on the budget this morning. http://www.3news.co.nz/Duncan-Garner...6/Default.aspx
Few things he mentioned I found concerning. It's based on some pretty big assumption ie, a strong economic recovery (170,000 jobs), high wage growth and nothing bad happening. They're counting on the Treasury not being wrong on its projection of 4% growth (even though they've been wrong the past 4-years). Also the projected income from selling assets ($5-7billion) is already in the the Govt. account before the which and how is sorted out. Garner describes National as using middle income families (through WFF & kiwi saver cuts) to pay for the deficit. He goes on to say that this group is also paying for the 20billion of tax cuts that mainly went to high income earners, tax cuts that weren't affordable and haven't stimulated the economy. Also he points out that National are trading in some political capital and are basically saying if you don't want us to do this then don't vote for us. Hmmm |
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You would find a lot less people undertaking study and it wouldn't be just the 45% who wouldn't complete their course.
Less educated people == bad. |
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The reality is that the private internal rate of return to completion of a post-secondary non-tertiary qualification in New Zealand is higher than the private internal rate of return to tertiary education. |
Reality is, it's not going to happen.
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If anything here we're getting another example of why it might be a good idea to question whether it's worth putting everyone through secondary school; it's pretty clear in this case that the money spent doing so was entirely wasted. |
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Every time I get frustrated by National
.... I am reminded of how intolerable it would be to have a Labour government supported by ratbags like Helen Kelly.
http://www.stuff.co.nz/national/pike...i-worker-times Quote:
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VOTE LABOUR!! |
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That's nice but is Labour going to cut spending?
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They released some policy today and are cutting spending on ets subsidies, non crucial infrastructure, missile systems for Navy frigates for a start.
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http://www.nzherald.co.nz/business/n...ectid=10727326 Quote:
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Increasing the minimum wage dramatically during an economic downturn is just fucking retarded. The first to be laid off will be the young and unskilled.
::facepalm:: |
Maybe I'm too generous, but I'm keeping in mind that they're probably making these pledges under the assumption they're not getting in power.
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Ahh, but the young think they are bullet proof. Woah, let's vote for Labour and get another 2 bucks an hour! Won't affect our jobs and we'll be richer. Meanwhile, in the real world........................ Mum, Dad, I just got made redundant :(
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Wouldn't the degree of unemployment increase depend on how well other economy stimulation goes?
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So 300,000 people would receive a pay rise and the rest of us pay a little extra. Plus Govt. receives extra income tax, GST and reduced WFF tax credit liability. Also wouldn't most min. wage jobs be inelastic? |
I wonder how many heartland labour voters will be able to afford their mortgage repayments under that plan?
I imagine all that's really happening here is that labour are trying to knock mana out of contention. |
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Oh. |
Next ACT will be asking for a separate lower Maori minimum wage too. It's about protecting vulnerable workers and nothing to do with perpetuating our "competitive" wage rate.
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Boring. Try harder, leftie. Again, forget about Act or how you hate John Key -- what good ideas have come out of Labour again? People like you still don't get it: Labour is chasing a government with a massive lead in the polls. Give us some ideas. More importantly, National have shown zero inclination to go with Act's extreme policies.
As for Labour, putting farming back within the ETS is a pretty good idea because (1) it's fair and (2) it does open up a revenue source. However, I can't see how the other ideas will generate any kind of quick returns and/or do so without other serious, detrimental consequences. |
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You can see in the common place where this occuring from when it was last hiked. Look at forcourt attendants as an example ... gonzo cept in a few rare places where someone multi-tasks counter and "silly bitch in a prius who doesnt know where the nosel goes" Quote:
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Wtf are you on about cyc? I'm quite aware that National voted against Douglas's youth min wage bill. My comment was a poke at Ab who I'd hate to have another Act hangover in a few years :D
And in the context of Nationals economic mismanagement I think the first installation of Labours policy is comparatively more innovative than National. What do National have apart from hoping growth will be 4%! and selling off assets? It'll be nice when "people like you" come up with a reason to vote for National rather than still voting against a 2008 Labour Party. |
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Have you ever read the standard literature on the relationship between increasing the minimum wage and youth unemployment? You do realise what they say, right? |
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Biggest effect min. wage increases have is on workshops, particularly small ones, taking on apprentices.
But hell, we want more people to do art degrees than work metal or fix our industrial machines, because tertiary qualifications are everything and make you a better person, right. |
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Re: Helen Kelly. It's enough for me that morons like her and the CTU have influence on a political party and that such morons openly identify with the Labour party. |
You think your embellishment helps clarify your position?
I used might because we're talking about economic theory which at any given time depends on a number of factors. (Btw evidence actually does support the claim that middle - lower incomes spend discretionary income.) Your argument actually should be that increasing the minimum wage "might" significantly effect unemployment. You're the one in "fantasy land" if you think that there are no other factors to take into account. And btw it's not a 20% increase but a 15% increase in the minimum wage, and that's not yet adjusted to inflation. |
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And the standard literature is quite clear that as a rule increase in minimum wage hit unskilled youths hard. It's not seriously up for dispute. For your fantasy of the minimum wage increase having a positive effect on employment in the PRESENT and LIKELY FUTURE circumstances to obtain, you'll likely need at least the following things to come true: (1) The foreigners to continue to be happy to keep lending to private enterprises in light of our balance of payment issues and export-deficit; (2) The foreigners to continue to be happy to keep lending under current interest terms notwithstanding the ever increasing private deficits that we'll have to run and the attendant risks to them; and (3) That somehow some or perhaps even many of the economy-boosting policies (read: fantasies) proffered by the extreme left will very quickly produce substantial economic gains that are quickly realisable; And you're forgetting yet another thing about the spending by middle class/lower income people. Yes, they do tend to spend most of their discretionary income but we've had spending-based "growth" before and look at how much good that did us. This is a net-importing country and EVEN for essentials like food we tend to import. Unlike you, I am not a blind squirrel who insists that everything my political "enemies" do must be bad: Labour has a good thing going on making the farmers get on the ETS earlier and using the sums gained on R & D tax breaks. There will likely be gains to be realised from that policy. But with the employment market in the doldrums (you've been reading those articles saying how people are now often abandoning the search for full-time jobs and "settling" for any part-time work available, right?) and the country barely growing, proposing a major hike in the minimum wage is just irresponsible. Oh and wasn't it you who was pointing to all the commentary about how the budget was based on over-optimistic figures about likely economic growth and tax-take? Given that you seem to think the economy is likely to be WORSE than Bill "Moron" English thinks it will be, where are we going to immediately or quite quickly find the $$ for the private enterprises to pay the (at best) graduated increase to the minimum wage demanded by Labour? Go on, you support it -- the burden of proof is on you. |
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Also calling Labour "extreme left" is another example you using labels to try and bolster your own argument. Save us the dramatics eh? Quote:
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