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

 

Gordon Campbell: On The Challenges Of Keytruda Funding

All year, the availability of the new generation of anti-cancer drugs in New Zealand has been driven by political decisions, as much as by medical ones... More>>

ALSO:

Land Swap: Setback For Ruataniwha Scheme As Forest & Bird Wins Appeal

The Royal Forest & Bird Protection Society has won an appeal against a proposed land swap by the Department of Conservation which would have allowed 22 hectares of Ruahine Forest Park be flooded as part of the Ruataniwha Water Storage Scheme that will provide irrigation for farmers. More>>

ALSO:

Up: Official July Crime Stats Released

Official crime statistics for July 2016 show that Police recorded 11,171 more victimisations than the same period last year, which equates to a 2.3 per cent increase. More than three quarters of this increase can be attributed to burglaries. More>>

ALSO:

Gordon Campbell: On The Judith Collins Charm Offensive

Suddenly, Judith Collins is everyone’s new best friend. It isn’t an election year, but the Corrections/Police Minister is treating 2016 as an opportunity for a political makeover… Feel that the Police don’t attend burglaries often enough, or assiduously enough? She’s the peoples’ champ on that one. More>>

PM's Press Conference: Crime And Diplomacy

The Prime Minister's press conference today was dominated by foreign affairs and an open letter from the PM to the Chinese community on crime. More>>

ACC: Govt Caught In Unethical Cluster Bomb Investments

The ACC Fund admitted that it had $1.4 million invested in cluster munitions and nuclear weapons manufacturer Lockheed Martin. Before responding to the Green Party’s request for information,however, ACC sold its Lockheed investment and updated its ethical investment policy. More>>

ALSO:

Local Governments To Decide: Easter Trading Bill Passes

The union representing working people in the retail industry is condemning the Government for whipping its MPs to pass the controversial Shop Trading Hours Amendment Bill. More>>

ALSO:

Departure Speech: Governor-General’s State Farewell Luncheon

"...Unfortunately I was unable to get to the Antarctic, the Chatham Islands and the Kermadecs. A dicky heart thwarted our travel to the Antarctic; and even though I volunteered to parachute into the Kermadecs to join the Young Blake expedition, time, commitments and officials frustrated my plans to visit the Kermadecs and Chathams." More>>

ALSO:

New Research: Most Homeless People Working Or Studying

“The cost of housing has been rising without corresponding increases in income, whilst the number of state houses per capita has been in decline. Many low-income people are missing out on housing, whether we recognise them as ‘homeless’ or not. More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
 
Politics
Search Scoop  
 
 
Powered by Vodafone
NZ independent news