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

 

Also, Loan Interest: Productivity Commission On Tertiary Education

Key recommendations include better quality control; making it easier for students to transfer between courses; abolishing University Entrance; enabling tertiary institutions to own and control their assets; making it easier for new providers to enter the system; and facilitating more and faster innovation by tertiary education providers... More>>

ALSO:

Higher Payments: Wellington Regional Council Becomes A Living Wage Employer

Councillor Sue Kedgley said she was delighted that the Wellington Regional Council unanimously adopted her motion to become a Living Wage employer, making it the first regional council in New Zealand to do so. More>>

ALSO:

Scoop Images:
Dame Patsy Reddy Sworn In As Governor-General

This morning Dame Patsy Reddy was sworn in as the New Zealand Realm’s 21st Governor-General. The ceremony began with a pōwhiri to welcome Dame Patsy and her husband Sir David Gascoigne to Parliament. More>>

ALSO:

Ruataniwha: DOC, Hawke's Bay Council Developer Take Supreme Court Appeal

The Department of Conservation and Hawke's Bay Regional Investment Company (HBRIC) are appealing to the Supreme Court over a conservation land swap which the Court of Appeal halted. More>>

ALSO:

With NZ's Marama Davidson: Women’s Flotilla Leaves Sicily – Heading For Gaza

Women representing 13 countries spanning five continents began their journey yesterday on Zaytouna-Oliva to the shores of Gaza, which has been under blockade since 2007. On board are a Nobel Peace Laureate, three parliamentarians, a decorated US diplomat, journalists, an Olympic athlete, and a physician. A list of the women with their background can be found here. More>>

Gordon Campbell: On The Key Style Of Crisis Management

At Monday’s post Cabinet press conference Key was in his finest wide- eyed “Problem? What problem?” mode. No, there wasn’t really a problem that top MPI officials had been at odds with each other over the meaning of the fisheries policy and how that policy should be pursued... More>>

ALSO:

Mt Roskill: Greens Will Not Stand In Likely Post-Goff By-Election

“The Green Party’s priority is changing the Government in 2017, and as part of that we’ve decided that we won’t stand a candidate in the probable Mt Roskill by-election... This decision shows the Memorandum of Understanding between Labour and the Green Party is working." More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news