Gordon Campbell | Parliament TV | Parliament Today | Video | Questions Of the Day | Search

 


Greens' working policy just won’t work

Greens' working policy just won’t work

The Greens' so-called working policy announcement today shows exactly how little they know about how the real world works, National's Economic Development spokesman Steven Joyce says.

"Their new policy doesn't wash on about three levels," Mr Joyce says.

"First, dramatically pushing up wage rates at the stroke of a pen would costs thousands and thousands of jobs, as business everywhere would lay off staff and not take on new staff.

"Secondly, the stratospheric levels of government spending now proposed by the Greens, Labour and the Dotcom party would ramp up interest rates for every New Zealander and stall the economy. This latest $1.5 billion over four years would take the Greens growing tally of new spending up to almost $12 billion over the next four years, to go with Labour's $18 billion and Dotcom's $8.5 billion and counting.

"Our just-released TV advertisement on the left's spending can't even keep up with the wild promises.

"Thirdly, their suggestion that somehow ramping up private sector wages will generate bucket loads of new tax revenue to offset the cost of public sector wage increases is fanciful in the extreme.

"This new theory, which would do the Social Creditors proud, doesn't take into account reductions in jobs, investment, and company tax that would immediately follow - which would offset any increased tax take. If they really think it would work, why not knock everyone through to $30 an hour, and then the tax department could really make some money.

"The Greens are trying to suggest that they have moved into the mainstream economically. Well, today's wages theory puts the lie to that.

"The choice in this election gets starker every day. Only National's responsible economic plan will continue to grow investment, jobs, and incomes and keep New Zealand heading in the right direction. The alternative would simply stall New Zealand and destroy jobs."

ends

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

 

Interim Report: Waitangi Tribunal On Ture Whenua Legislation

Labour on Proposed changes to Maori land rules: “To have Treaty Negotiations Minister Chris Finlayson dismiss findings as ‘bizarre’ is totally disingenuous and disrespectful. What’s bizarre is Maori Development Minister Te Ururoa Flavell stubbornly pushing through this Bill before the Waitangi Tribunal has even completed its report..." More>>

ALSO:

Spy Update: Appointment Of GCSB Acting Director

GCSB Chief Legal Advisor Lisa Fong will become the Acting Director of the Government Communications Security Bureau (GCSB) from 15 February 2016, Minister Responsible for the GCSB Christopher Finlayson announced today. More>>

Protests Close Roads: TPP Signed In Auckland

“TPP was signed by Australia, Brunei Darussalam, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, the United States and Viet Nam.” More>>

ALSO:

Emails Behind 'Diplomatic Immunity' Case: Whitehead Report Released

“As previously indicated the conclusions reached by Mr Whitehead’s investigation are not unexpected but they are very disappointing,” Mr Mccully says. “At the heart of the matter is a single email, along with procedural shortcomings, which gave Malaysian officials the impression it would be acceptable for Mr Rizalman to return to Malaysia." More>>

ALSO:

Gordon Campbell: On The Treaty/TPP Overlap, And Iowa

The fears about the ISDS provisions in the Trans Pacific Partnership deal are well-founded. The reality is that there is a sharp uptick in the occurrence of ISDS litigation in developed countries, and even the right wing likes of The Economist have been souring on the process for some time. More>>

ALSO:

Christchurch Red Zone Offers: Fresh High Court Proceedings

Grant Cameron, Solicitor for the Quake Outcasts said “the action seeks judicial review of the Crown’s recent decision to make a fresh offer to purchase properties from uninsured property owners in red zones. More>>

ALSO:

PM's Post-Cabinet Press Conference: Waitangi And TPP

Prime Minister John Key on Tuesday said his office has received an invitation for him to visit the Lower Marae on Waitangi Day, but was waiting for a meeting of the Te Tii Marae Trustees. More>>

ALSO:

Flagged: 'Wrong Colour' Bridge Flag To Change

NZ First: Only 13 days after National trumpeted its legally questionable flag on Auckland Harbour Bridge, it is now coming down because it is the wrong colour... “Mr Key’s latest flag fiasco is another waste of taxpayers' money. Given it is coming down, down is exactly the location where it should remain. More>>

ALSO:

School's In: Children Head Back To School

“Across the whole of this year we expect 61,820 five year olds will begin their primary schooling for the first time,” says the Ministry of Education head of sector enablement and support Katrina Casey. More>>

ALSO:

Dog & Lemon: FBI Disagrees With NZ Government Over Police Chases

Multiple studies, quoted by the FBI, show that once suspects realise they're no longer being chased; they tend to slow down to normal driving speeds and therefore become far less of a risk. The FBI report also categorically rejected the argument that abandoning police chases meant ‘giving in’ to offenders. More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news