Gordon Campbell | Parliament TV | Parliament Today | News Video | Crime | Employers | Housing | Immigration | Legal | Local Govt. | Maori | Welfare | Unions | Youth | Search

 


Finally: A Credible Economic Plan

PRESS RELEASE

FOR IMMEDIATE RELEASE
Economic Plan - Part 1 of 2
Finally: A Credible Economic Plan

With chill economic winds blowing and all the mainstream political parties either unaware that the global economy has changed while they've been out campaigning, or abjectly clueless what to do about it, Libertarianz finance spokesman Julian Darby released the only credible plan to confront both galloping government deficits and collapsing financial markets.

"I call it the Don't-Spend-So-Goddamned-Much Plan," he says.

Responsible political parties would know that every cut in taxes must be accompanied by corresponding cuts in government spending - "Hence the Libertarianz Don't-Spend-So-Goddamned-Much Plan," he says. And responsible parties know too that when the economy tanks, that government receipts go down - "Hence the urgency of the Libertarianz Don't-Spend-So-Goddamned-Much Plan."

"This has to be the first and most important step in a responsible 'economic plan' at such a time," says Darby. "Tax cuts are not credible and genuine recovery is not possible as long as government keeps competing for capital with profit-making businessmen."

"Stop spending so goddamn much," says Darby, "and you'll still have enough to abolish GST, make the first $50,000 of income tax-free, and leave New Zealand's economy robust enough to confront whatever the world's central bankers throw at us. Then the much-needed market corrections can happen as rapidly as they need to, without being prolonged by government meddling or competing for essential capital with the entrepreneurs who will grow us out of danger."

Instead of sitting at the bottom of the world like a possum in the headlights as we face the collapse of the housing bubble, a serious credit crunch and signs of an imminent inflationary depression - none of which the major parties give any sign they've even noticed - Darby maintains the responsible answer at such a time is to urgently work towards a policy of sound money and a permanent end to deficit spending.

As a matter of urgency, governments need to cut the fat - and there's plenty of it in Helengrad just waiting to be cut to the bone. Here's just a start of the boondoggles to be axed in the Libertarianz Stop-Spending-So-Goddamned-Much Plan:
• Cindy Kiro's Office for the Children's Commissioner
• Peter Dunne's Families Commission
• Paula Rebstock's Commerce Commission
• David Lange's Ministry for Women's Affairs
• Jim Anderton's Ministry of Economic Development
• The Ministry of Pacific Island Affairs
• The Ministry for Maori AffairsThe Race Relations Conciliator
• The Ministry of Youth Development
• Alcohol Advisory Council of New Zealand
• Action on Smoking Hysterics
• Asia New Zealand Foundation
• Electricity Commission
• Energy Efficiency & Conservation Authority
• The National Advisory Council on the Employment of Women
• The Department of Labour

"That's just a few of the bureaucratic sacred cows that any responsible political party should have in their sights at such a time," concludes Darby.

"It's enough to make you vote Libertarianz!"

This is the first part of the ambitious Libertarianz economic plan. The second part, by party leader Bernard Darnton, willl be released this afternoon.


ENDS

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

 

PARLIAMENT TODAY:

Royals: The Prince Of Wales And Duchess Of Cornwall To Visit

Prime Minister John Key welcomes today’s announcement that the Prince of Wales and The Duchess of Cornwall will visit New Zealand in November. This will be the second joint visit for Their Royal Highnesses to New Zealand. More>>

ALSO:

Tracey Martin Replaced: Ron Mark Is New New Zealand First Deputy Leader

Clayton Mitchell was the successful candidate for the Associate Whip position. Winston Peters was re-elected as Leader by the Caucus. Ron Mark was elected as the Deputy Leader with effect from 10am, Friday, 3rd July. More>>

ALSO:

Rebuild Rebrand: "Regenerate Christchurch" To Replace CERA

The regeneration of Christchurch will be the city’s focus for the next five years as local leadership progressively takes control of the rebuild, Canterbury Earthquake Recovery Minister Gerry Brownlee says. More>>

ALSO:

Nauru: Scholars Urge Minister To Act On Deteriorating Democracy

“Since the 2013 election in Nauru, there has been a series of disturbing developments on the islands that indicate a severe deterioration in the state of its parliamentary democracy and in the rule of law,” say the scholars. More>>

ALSO:

Foreign Affairs: NZ Begins Presidency Of UN Security Council

Prime Minister John Key has welcomed the start of New Zealand’s month-long Presidency of the United Nations Security Council in New York. More>>

ALSO:

Labour: Cash For Charter Schools, Mould For State Schools

“Recently released financial statements show the Whangarei charter school He Puna Marama received $3.9 million in government funding to the end of last year. Yet their audited accounts show they only spent $1.4 million on education, leaving almost $2.5 million over two years unaccounted for." More>>

ALSO:

Kiwirail Plans Shift From Electric: National Urged Not To Take Backwards Step

The National Government shouldn’t drag New Zealand backwards by replacing its climate friendly electric trains with carbon-polluting diesel trains, the Green Party said today. More>>

ALSO:

Capital Connection:

Get More From Scoop

 
 
 
 
 
 
 
 
 
 
Politics
Search Scoop  
 
 
Powered by Vodafone
NZ independent news