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:

"Gutted" Safety Bill: Time To Listen To Workplace Victims’ Families

Labour has listened to the families of whose loved ones have been killed at work and calls on other political parties to back its proposals to make workplaces safer and prevent unnecessary deaths on the job. More>>

ALSO:

Regulators: Govt To ‘Crowd-Source’ Regulatory Advice

A wide-ranging set of reforms is to be implemented to shake up the way New Zealand government agencies develop, write and implement regulations. More>>

ALSO:

Board Appointments: Some Minister Appoint Less The 3 In 10 Women

“It’s 2015 not 1915: Ministers who appoint less than 3 in 10 women to their boards must do better, they have no excuse but to do better,” said Dr Blue. More>>

Gordon Campbell: On The 1990s Retro Proposals For Our Health System

As we learned yesterday, the reviews propose that the democratically elected representation on DHBs should be reduced, such that community wishes will be able to be over-ridden by political appointees. In today’s revelations, the reviews also propose a return to the destructive competitive health model of the 1990s. More>>

ALSO:

Post-Cab Press Conference: Foreign Buyers Register, TPP And Serco

At a press conference today in Wellington, John Key discussed the foreign buyers register as well as the TPP and Serco. Key was questioned on whether a stamp tax might be used as a tool to deal with foreign buyers. More>>

ALSO:

Lyndon Hood Satire: Serco To Outsource Prison To Public Sector

In response to high-profile failings, multinational omnicorporation Serco will introduce public management in its prison system. Serco's New Zealand manager, speaking on condition of anonymity, has announced plans for managers from the Department of Corrections to run the Mt Eden Correctional Facility. More>>

National Party Conference: Plans To Nudge Immigrants Towards Regions

The Government will introduce a package of immigration measures aimed at improving the spread of workers, skills and investment across New Zealand, Immigration Minister Michael Woodhouse says. More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
 
Politics
Search Scoop  
 
 
Powered by Vodafone
NZ independent news