• NZ Government finances are the envy of the OECD

    From JohnO@3:770/3 to All on Wednesday, October 12, 2016 19:58:09
    Budget surplus now $1.8 billion. Outstanding.

    And it is sustainable. Looking forward to the tax cut.

    Remember when the Labour flunkies used to howl about how the surplus would never arrive? Where are those idiots now?

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  • From JohnO@3:770/3 to nor...@googlegroups.com on Wednesday, October 12, 2016 21:00:30
    On Thursday, 13 October 2016 16:21:05 UTC+13, nor...@googlegroups.com wrote:
    JohnO <johno1234@gmail.com> wrote:
    Budget surplus now $1.8 billion. Outstanding.

    And it is sustainable. Looking forward to the tax cut.

    Remember when the Labour flunkies used to howl about how the surplus would >never arrive? Where are those idiots now?
    Where indeed?
    "New Zealanders are not benefiting from economic growth Grant Robertson
    says."
    Well Grant who is then?
    "Green party co-leader James Shaw says the surplus is 'inefficient'." Does he

    Hilarious. He thinks it would be more efficient for the government to take some
    more money out of the free economy and spend it on our behalf? No thanks James,
    I can spend it much more efficiently than your cardigan wearing public servant jobsworths.

    actually understand what a surplus is, or would he prefer a deficit? Contemptible!
    Tony

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  • From Tony @3:770/3 to JohnO on Wednesday, October 12, 2016 22:21:00
    JohnO <johno1234@gmail.com> wrote:
    Budget surplus now $1.8 billion. Outstanding.

    And it is sustainable. Looking forward to the tax cut.

    Remember when the Labour flunkies used to howl about how the surplus would >never arrive? Where are those idiots now?
    Where indeed?
    "New Zealanders are not benefiting from economic growth Grant Robertson says." Well Grant who is then?
    "Green party co-leader James Shaw says the surplus is 'inefficient'." Does he actually understand what a surplus is, or would he prefer a deficit? Contemptible!
    Tony

    --- SoupGate-Win32 v1.05
    * Origin: Agency HUB, Dunedin - New Zealand | Fido<>Usenet Gateway (3:770/3)
  • From Gordon@3:770/3 to JohnO on Thursday, October 13, 2016 04:55:46
    On 2016-10-13, JohnO <johno1234@gmail.com> wrote:
    Budget surplus now $1.8 billion. Outstanding.

    And it is sustainable. Looking forward to the tax cut.

    Remember when the Labour flunkies used to howl about how the surplus would
    never arrive? Where are those idiots now?

    Remember when the Government promised a surplus before now? Like 2 years
    ago.

    Tax cuts, not until there is an opposition breathing hard on the Govenments tail.

    --- SoupGate-Win32 v1.05
    * Origin: Agency HUB, Dunedin - New Zealand | Fido<>Usenet Gateway (3:770/3)
  • From Tony @3:770/3 to Gordon on Thursday, October 13, 2016 00:50:25
    Gordon <Gordon@clear.net.nz> wrote:
    On 2016-10-13, JohnO <johno1234@gmail.com> wrote:
    Budget surplus now $1.8 billion. Outstanding.

    And it is sustainable. Looking forward to the tax cut.

    Remember when the Labour flunkies used to howl about how the surplus would >>never arrive? Where are those idiots now?

    Remember when the Government promised a surplus before now? Like 2 years
    ago.

    Tax cuts, not until there is an opposition breathing hard on the Govenments >tail.
    No different from any government ever.
    Tony

    --- SoupGate-Win32 v1.05
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  • From Crash@3:770/3 to Gordon on Thursday, October 13, 2016 20:18:10
    On 13 Oct 2016 04:55:46 GMT, Gordon <Gordon@clear.net.nz> wrote:

    On 2016-10-13, JohnO <johno1234@gmail.com> wrote:
    Budget surplus now $1.8 billion. Outstanding.

    And it is sustainable. Looking forward to the tax cut.

    Remember when the Labour flunkies used to howl about how the surplus would never arrive? Where are those idiots now?

    Remember when the Government promised a surplus before now? Like 2 years
    ago.
    So how is this relevant? IIRC this budget surplus is the second in as
    many years.

    Tax cuts, not until there is an opposition breathing hard on the Govenments >tail.

    Talk of tax cuts at this early stage bother me. We have survived the
    GFC on government borrowing so surely debt repayment trumps tax cuts
    until government debt is reduced to levels similar to pre-GFC.


    --
    Crash McBash

    --- SoupGate-Win32 v1.05
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  • From JohnO@3:770/3 to Gordon on Thursday, October 13, 2016 01:07:37
    On Thursday, 13 October 2016 17:55:47 UTC+13, Gordon wrote:
    On 2016-10-13, JohnO <johno1234@gmail.com> wrote:
    Budget surplus now $1.8 billion. Outstanding.

    And it is sustainable. Looking forward to the tax cut.

    Remember when the Labour flunkies used to howl about how the surplus would
    never arrive? Where are those idiots now?

    Remember when the Government promised a surplus before now? Like 2 years
    ago.

    Nope it was last year.


    Tax cuts, not until there is an opposition breathing hard on the Govenments tail.

    --- SoupGate-Win32 v1.05
    * Origin: Agency HUB, Dunedin - New Zealand | Fido<>Usenet Gateway (3:770/3)
  • From JohnO@3:770/3 to They haven't on Thursday, October 13, 2016 01:07:00
    On Thursday, 13 October 2016 20:25:39 UTC+13, Rich80105 wrote:
    On Wed, 12 Oct 2016 22:21:00 -0500, Tony <lizandtony at orcon dot net
    dot nz> wrote:

    JohnO <johno1234@gmail.com> wrote:
    Budget surplus now $1.8 billion. Outstanding.

    And it is sustainable. Looking forward to the tax cut.

    Remember when the Labour flunkies used to howl about how the surplus would >>never arrive? Where are those idiots now?
    Where indeed?
    "New Zealanders are not benefiting from economic growth Grant Robertson
    says."
    Well Grant who is then?
    "Green party co-leader James Shaw says the surplus is 'inefficient'." Does
    he
    actually understand what a surplus is, or would he prefer a deficit? >Contemptible!
    Tony
    It is certainly very good that at long last we do have an operating
    surplus - only about 5 years later than promised, but at lest it is
    there.

    5 years? The lies come so easily for you, don't they, Dickbot?

    The Nats originally forecast surpluses by the 2014/2015 year and they did achieved that within a year of the target, you lying little loser.

    http://on-cue.co.nz/NZAE/Returning_to_surplus_NZAE.pdf


    And remember this almost exactly a year ago: http://www.labour.org.nz/bill_english_s_first_surplus_will_be_his_last

    "On Wednesday it is almost certain the Government will announce a surplus for the last financial year – when it was at the peak of the economic cycle – but will be on course to break its promise for surpluses in the years ahead, Labour’s Finance
    spokesperson Grant Robertson says.
    ...
    “In the last Budget Bill English promised surpluses over the next three years
    but with economic growth flattening out and major industries like dairy struggling, this year’s books and the years after will be in the red."

    Nice work Robbo - you're a financial genius - not!

    Of course the government has already promised money for the Housing Corporation who are already running out of money, and they are

    They need capital, not operating cashflow. But as shown above, people should not listen to financial retards such as Robbo and yourself.

    promising a small increase in police numbers, and then there is an

    They haven't said what the police numbers are so stop your lying.

    election to run with associated bribes - and then there is paying back
    the debt accrued from the last tax cuts - surely you don;t expect our government to promote Trump-like policies of unaffordable tax cuts and
    higher debt?

    As has just been demonstrated, tax cuts are affordable and due.

    Now be off, you lying little worm.

    --- SoupGate-Win32 v1.05
    * Origin: Agency HUB, Dunedin - New Zealand | Fido<>Usenet Gateway (3:770/3)
  • From Rich80105@3:770/3 to dot nz on Thursday, October 13, 2016 20:25:31
    On Wed, 12 Oct 2016 22:21:00 -0500, Tony <lizandtony at orcon dot net
    dot nz> wrote:

    JohnO <johno1234@gmail.com> wrote:
    Budget surplus now $1.8 billion. Outstanding.

    And it is sustainable. Looking forward to the tax cut.

    Remember when the Labour flunkies used to howl about how the surplus would >>never arrive? Where are those idiots now?
    Where indeed?
    "New Zealanders are not benefiting from economic growth Grant Robertson says." >Well Grant who is then?
    "Green party co-leader James Shaw says the surplus is 'inefficient'." Does he >actually understand what a surplus is, or would he prefer a deficit? >Contemptible!
    Tony
    It is certainly very good that at long last we do have an operating
    surplus - only about 5 years later than promised, but at lest it is
    there.
    Of course the government has already promised money for the Housing
    Corporation who are already running out of money, and they are
    promising a small increase in police numbers, and then there is an
    election to run with associated bribes - and then there is paying back
    the debt accrued from the last tax cuts - surely you don;t expect our government to promote Trump-like policies of unaffordable tax cuts and
    higher debt?

    --- SoupGate-Win32 v1.05
    * Origin: Agency HUB, Dunedin - New Zealand | Fido<>Usenet Gateway (3:770/3)
  • From george152@3:770/3 to Gordon on Friday, October 14, 2016 08:49:26
    On 10/13/2016 5:55 PM, Gordon wrote:
    On 2016-10-13, JohnO <johno1234@gmail.com> wrote:
    Budget surplus now $1.8 billion. Outstanding.

    And it is sustainable. Looking forward to the tax cut.

    Remember when the Labour flunkies used to howl about how the surplus would never arrive? Where are those idiots now?

    Remember when the Government promised a surplus before now? Like 2 years
    ago.

    Tax cuts, not until there is an opposition breathing hard on the Govenments tail.

    And from where will this opposition be found.
    Imagine, a tax cut in election year.
    Mr 5% now 10% will not be happy

    --- SoupGate-Win32 v1.05
    * Origin: Agency HUB, Dunedin - New Zealand | Fido<>Usenet Gateway (3:770/3)
  • From Rich80105@3:770/3 to All on Friday, October 14, 2016 08:23:06
    On Thu, 13 Oct 2016 01:07:00 -0700 (PDT), JohnO <johno1234@gmail.com>
    wrote:

    On Thursday, 13 October 2016 20:25:39 UTC+13, Rich80105 wrote:
    On Wed, 12 Oct 2016 22:21:00 -0500, Tony <lizandtony at orcon dot net
    dot nz> wrote:

    JohnO <johno1234@gmail.com> wrote:
    Budget surplus now $1.8 billion. Outstanding.

    And it is sustainable. Looking forward to the tax cut.

    Remember when the Labour flunkies used to howl about how the surplus would >> >>never arrive? Where are those idiots now?
    Where indeed?
    "New Zealanders are not benefiting from economic growth Grant Robertson says."
    Well Grant who is then?
    "Green party co-leader James Shaw says the surplus is 'inefficient'." Does he
    actually understand what a surplus is, or would he prefer a deficit?
    Contemptible!
    Tony
    It is certainly very good that at long last we do have an operating
    surplus - only about 5 years later than promised, but at lest it is
    there.

    5 years? The lies come so easily for you, don't they, Dickbot?

    The Nats originally forecast surpluses by the 2014/2015 year and they did achieved that within a year of the target, you lying little loser.

    http://on-cue.co.nz/NZAE/Returning_to_surplus_NZAE.pdf


    And remember this almost exactly a year ago: >http://www.labour.org.nz/bill_english_s_first_surplus_will_be_his_last

    "On Wednesday it is almost certain the Government will announce a surplus for the last financial year – when it was at the peak of the economic cycle – but will be on course to break its promise for surpluses in the years ahead, Labour’s Finance
    spokesperson Grant Robertson says.
    ...
    “In the last Budget Bill English promised surpluses over the next three years but with economic growth flattening out and major industries like dairy struggling, this year’s books and the years after will be in the red."

    Nice work Robbo - you're a financial genius - not!

    Of course the government has already promised money for the Housing
    Corporation who are already running out of money, and they are

    They need capital, not operating cashflow. But as shown above, people should not listen to financial retards such as Robbo and yourself.

    promising a small increase in police numbers, and then there is an

    They haven't said what the police numbers are so stop your lying.

    election to run with associated bribes - and then there is paying back
    the debt accrued from the last tax cuts - surely you don;t expect our
    government to promote Trump-like policies of unaffordable tax cuts and
    higher debt?

    As has just been demonstrated, tax cuts are affordable and due.

    Now be off, you lying little worm.

    Now i've had a look I see that this is just a shift of one qaurter -
    doubtless known about for weeks, but in reality a statistical blip -
    leaving out a bad quarter and bringing in a better one. Desperation by National. As Bill English says in the the political press release: https://www.beehive.govt.nz/release/government-surplus-increases-18-billion

    “If there is any further fiscal headroom, we may have the opportunity
    to reduce debt faster and as we’ve always said, if economic and fiscal conditions allow, we will begin to reduce income taxes."

    In other words thiis is a dog-whistle to those baying for the
    government to ignore the housing crisis, the deficits of DHBs, the
    underfunding of education, the poverty crisis, the high unemployment,
    etc, etc. All they need, Trump-like, is to be able to look at tax cuts
    for the wealthy!

    Look here for a summary of other options for government : https://bootstheory.wordpress.com/2016/10/13/there-is-no-surplus/

    and a summary of the hypocrisy of this government: http://norightturn.blogspot.co.nz/2016/10/fiscal-prudence.html

    and even here: http://www.newshub.co.nz/politics/govt-posts-18b-surplus-but-not-everything-sitting-pretty-2016101313

    and even on laura norder National are failing us: http://www.labour.org.nz/andrew_little_speech_to_the_police_association_conference_2016

    --- SoupGate-Win32 v1.05
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  • From george152@3:770/3 to JohnO on Friday, October 14, 2016 08:44:28
    On 10/13/2016 3:58 PM, JohnO wrote:
    Budget surplus now $1.8 billion. Outstanding.

    And it is sustainable. Looking forward to the tax cut.

    Remember when the Labour flunkies used to howl about how the surplus would
    never arrive? Where are those idiots now?

    Oh they're still there changing the cry as to how many police they'll be employing when they get back to the benches.
    But Peters has outbid them. :)

    And getting desperate as more houses are built changing their whine to
    the lack of houses expressedly built for 'first home owners'

    --- SoupGate-Win32 v1.05
    * Origin: Agency HUB, Dunedin - New Zealand | Fido<>Usenet Gateway (3:770/3)
  • From JohnO@3:770/3 to All on Thursday, October 13, 2016 13:57:38
    On Friday, 14 October 2016 08:23:12 UTC+13, Rich80105 wrote:
    On Thu, 13 Oct 2016 01:07:00 -0700 (PDT), JohnO <johno1234@gmail.com>
    wrote:

    On Thursday, 13 October 2016 20:25:39 UTC+13, Rich80105 wrote:
    On Wed, 12 Oct 2016 22:21:00 -0500, Tony <lizandtony at orcon dot net
    dot nz> wrote:

    JohnO <johno1234@gmail.com> wrote:
    Budget surplus now $1.8 billion. Outstanding.

    And it is sustainable. Looking forward to the tax cut.

    Remember when the Labour flunkies used to howl about how the surplus
    would
    never arrive? Where are those idiots now?
    Where indeed?
    "New Zealanders are not benefiting from economic growth Grant Robertson
    says."
    Well Grant who is then?
    "Green party co-leader James Shaw says the surplus is 'inefficient'."
    Does he
    actually understand what a surplus is, or would he prefer a deficit?
    Contemptible!
    Tony
    It is certainly very good that at long last we do have an operating
    surplus - only about 5 years later than promised, but at lest it is
    there.

    5 years? The lies come so easily for you, don't they, Dickbot?

    The Nats originally forecast surpluses by the 2014/2015 year and they did
    achieved that within a year of the target, you lying little loser.

    http://on-cue.co.nz/NZAE/Returning_to_surplus_NZAE.pdf


    And remember this almost exactly a year ago: >http://www.labour.org.nz/bill_english_s_first_surplus_will_be_his_last

    "On Wednesday it is almost certain the Government will announce a surplus
    for the last financial year – when it was at the peak of the economic cycle – but will be on course to break its promise for surpluses in the years ahead, Labour’s Finance
    spokesperson Grant Robertson says.
    ...
    “In the last Budget Bill English promised surpluses over the next three
    years but with economic growth flattening out and major industries like dairy struggling, this year’s books and the years after will be in the red."

    Nice work Robbo - you're a financial genius - not!

    Of course the government has already promised money for the Housing
    Corporation who are already running out of money, and they are

    They need capital, not operating cashflow. But as shown above, people should
    not listen to financial retards such as Robbo and yourself.

    promising a small increase in police numbers, and then there is an

    They haven't said what the police numbers are so stop your lying.

    election to run with associated bribes - and then there is paying back
    the debt accrued from the last tax cuts - surely you don;t expect our
    government to promote Trump-like policies of unaffordable tax cuts and
    higher debt?

    As has just been demonstrated, tax cuts are affordable and due.

    Now be off, you lying little worm.

    Now i've had a look I see that this is just a shift of one qaurter -

    Meaningless drivel from a financial illiterate.

    doubtless known about for weeks, but in reality a statistical blip -
    leaving out a bad quarter and bringing in a better one. Desperation by

    It's not quarterly it's annual year to June budget you financial illiterate.

    National. As Bill English says in the the political press release: https://www.beehive.govt.nz/release/government-surplus-increases-18-billion

    “If there is any further fiscal headroom, we may have the opportunity
    to reduce debt faster and as we’ve always said, if economic and fiscal conditions allow, we will begin to reduce income taxes."


    Excellent!

    In other words thiis is a dog-whistle to those baying for the
    government to ignore the housing crisis, the deficits of DHBs, the underfunding of education, the poverty crisis, the high unemployment,
    etc, etc. All they need, Trump-like, is to be able to look at tax cuts
    for the wealthy!

    No, Dickbot. It's the release of some dry financial results. You can't spin it any other way.

    I am not interested in your uninformed lefty fuckwit opinions.

    <delete Dickbot's usenet diarrhea>

    and even on laura norder National are failing us: http://www.labour.org.nz/andrew_little_speech_to_the_police_association_conference_2016

    Quoting Angry little Andy on police when we are discussing finance budgets? And
    you are the hypocritical little fuckwit that constantly whines about others' thread diversion?

    Fuck off.

    --- SoupGate-Win32 v1.05
    * Origin: Agency HUB, Dunedin - New Zealand | Fido<>Usenet Gateway (3:770/3)
  • From Newsman@3:770/3 to All on Thursday, October 13, 2016 22:11:07
    On Thu, 13 Oct 2016 20:18:10 +1300, Crash <nogood@dontbother.invalid>
    wrote:

    On 13 Oct 2016 04:55:46 GMT, Gordon <Gordon@clear.net.nz> wrote:

    On 2016-10-13, JohnO <johno1234@gmail.com> wrote:
    Budget surplus now $1.8 billion. Outstanding.

    And it is sustainable. Looking forward to the tax cut.

    Remember when the Labour flunkies used to howl about how the surplus would never arrive? Where are those idiots now?

    Remember when the Government promised a surplus before now? Like 2 years >>ago.
    So how is this relevant? IIRC this budget surplus is the second in as
    many years.

    Tax cuts, not until there is an opposition breathing hard on the Govenments >>tail.

    Talk of tax cuts at this early stage bother me. We have survived the
    GFC on government borrowing so surely debt repayment trumps tax cuts
    until government debt is reduced to levels similar to pre-GFC.

    Ask yourself: in a country bind-drunk on debt under a National
    government, who has most to gain by favouring tax cuts rather than
    debt repayment?

    --- SoupGate-Win32 v1.05
    * Origin: Agency HUB, Dunedin - New Zealand | Fido<>Usenet Gateway (3:770/3)
  • From Tony @3:770/3 to Newsman on Thursday, October 13, 2016 17:37:03
    slaybot@hotmail.com (Newsman) wrote:
    On Thu, 13 Oct 2016 20:18:10 +1300, Crash <nogood@dontbother.invalid>
    wrote:

    On 13 Oct 2016 04:55:46 GMT, Gordon <Gordon@clear.net.nz> wrote:

    On 2016-10-13, JohnO <johno1234@gmail.com> wrote:
    Budget surplus now $1.8 billion. Outstanding.

    And it is sustainable. Looking forward to the tax cut.

    Remember when the Labour flunkies used to howl about how the surplus would >>>>never arrive? Where are those idiots now?

    Remember when the Government promised a surplus before now? Like 2 years >>>ago.
    So how is this relevant? IIRC this budget surplus is the second in as
    many years.

    Tax cuts, not until there is an opposition breathing hard on the Govenments >>>tail.

    Talk of tax cuts at this early stage bother me. We have survived the
    GFC on government borrowing so surely debt repayment trumps tax cuts
    until government debt is reduced to levels similar to pre-GFC.

    Ask yourself: in a country bind-drunk on debt under a National
    government, who has most to gain by favouring tax cuts rather than
    debt repayment?
    Even better - ask yourself what any government would do with only a year left to the next election! Their political stripes are irrelevant in that case.
    Tony

    --- SoupGate-Win32 v1.05
    * Origin: Agency HUB, Dunedin - New Zealand | Fido<>Usenet Gateway (3:770/3)
  • From JohnO@3:770/3 to Newsman on Thursday, October 13, 2016 15:52:07
    On Friday, 14 October 2016 11:11:10 UTC+13, Newsman wrote:
    On Thu, 13 Oct 2016 20:18:10 +1300, Crash <nogood@dontbother.invalid>
    wrote:

    On 13 Oct 2016 04:55:46 GMT, Gordon <Gordon@clear.net.nz> wrote:

    On 2016-10-13, JohnO <johno1234@gmail.com> wrote:
    Budget surplus now $1.8 billion. Outstanding.

    And it is sustainable. Looking forward to the tax cut.

    Remember when the Labour flunkies used to howl about how the surplus
    would never arrive? Where are those idiots now?

    Remember when the Government promised a surplus before now? Like 2 years >>ago.
    So how is this relevant? IIRC this budget surplus is the second in as
    many years.

    Tax cuts, not until there is an opposition breathing hard on the Govenments >>tail.

    Talk of tax cuts at this early stage bother me. We have survived the
    GFC on government borrowing so surely debt repayment trumps tax cuts
    until government debt is reduced to levels similar to pre-GFC.

    Ask yourself: in a country bind-drunk on debt under a National
    government, who has most to gain by favouring tax cuts rather than
    debt repayment?

    You ask a loaded question. The debt problem in NZ is private debt - largely mortgages. Public (government) debt is relatively low at around 25% of GDP. Most of the OECD governments are envious of that but Bill English as put a target of 20% by 2020.

    The real debt problem in NZ, *private* debt, would be best helped by tax cuts as homeowners would be better able to pay off their mortgages.

    --- SoupGate-Win32 v1.05
    * Origin: Agency HUB, Dunedin - New Zealand | Fido<>Usenet Gateway (3:770/3)
  • From Pooh@3:770/3 to All on Friday, October 14, 2016 17:05:59
    On 14/10/2016 8:23 a.m., Rich80105 wrote:
    On Thu, 13 Oct 2016 01:07:00 -0700 (PDT), JohnO <johno1234@gmail.com>
    wrote:

    On Thursday, 13 October 2016 20:25:39 UTC+13, Rich80105 wrote:
    On Wed, 12 Oct 2016 22:21:00 -0500, Tony <lizandtony at orcon dot net
    dot nz> wrote:

    JohnO <johno1234@gmail.com> wrote:
    Budget surplus now $1.8 billion. Outstanding.

    And it is sustainable. Looking forward to the tax cut.

    Remember when the Labour flunkies used to howl about how the surplus would
    never arrive? Where are those idiots now?
    Where indeed?
    "New Zealanders are not benefiting from economic growth Grant Robertson says."
    Well Grant who is then?
    "Green party co-leader James Shaw says the surplus is 'inefficient'." Does
    he
    actually understand what a surplus is, or would he prefer a deficit?
    Contemptible!
    Tony
    It is certainly very good that at long last we do have an operating
    surplus - only about 5 years later than promised, but at lest it is
    there.

    5 years? The lies come so easily for you, don't they, Dickbot?

    The Nats originally forecast surpluses by the 2014/2015 year and they did achieved that within a year of the target, you lying little loser.

    http://on-cue.co.nz/NZAE/Returning_to_surplus_NZAE.pdf


    And remember this almost exactly a year ago:
    http://www.labour.org.nz/bill_english_s_first_surplus_will_be_his_last

    "On Wednesday it is almost certain the Government will announce a surplus for the last financial year – when it was at the peak of the economic cycle – but will be on course to break its promise for surpluses in the years ahead, Labour’s Finance
    spokesperson Grant Robertson says.
    ...
    “In the last Budget Bill English promised surpluses over the next three years but with economic growth flattening out and major industries like dairy struggling, this year’s books and the years after will be in the red."

    Nice work Robbo - you're a financial genius - not!

    Of course the government has already promised money for the Housing
    Corporation who are already running out of money, and they are

    They need capital, not operating cashflow. But as shown above, people should
    not listen to financial retards such as Robbo and yourself.

    promising a small increase in police numbers, and then there is an

    They haven't said what the police numbers are so stop your lying.

    election to run with associated bribes - and then there is paying back
    the debt accrued from the last tax cuts - surely you don;t expect our
    government to promote Trump-like policies of unaffordable tax cuts and
    higher debt?

    As has just been demonstrated, tax cuts are affordable and due.

    Now be off, you lying little worm.

    Now i've had a look I see that this is just a shift of one qaurter - doubtless known about for weeks, but in reality a statistical blip -
    leaving out a bad quarter and bringing in a better one. Desperation by National. As Bill English says in the the political press release: https://www.beehive.govt.nz/release/government-surplus-increases-18-billion


    Rich apart from the fact you're chronic lack of comprehension is in full flight. You like your glorious leader have absolutely no understanding
    of reality.

    “If there is any further fiscal headroom, we may have the opportunity
    to reduce debt faster and as we’ve always said, if economic and fiscal conditions allow, we will begin to reduce income taxes."

    In other words thiis is a dog-whistle to those baying for the
    government to ignore the housing crisis, the deficits of DHBs, the underfunding of education, the poverty crisis, the high unemployment,
    etc, etc. All they need, Trump-like, is to be able to look at tax cuts
    for the wealthy!


    You mean the Auckland over population crisis surely Rich. You mean it's
    not just a Labour government that can't get DHB funding to work and
    can't balance education funding but are quite happy to promise teachers exorbitant wage hikes during a financial crisis and AFTER they knew they
    were going to be in opposition? High unemployment? Nationals is steadily decreasing it Rich. Just like Labour did but without the benefit of a
    global financial boom! Not tax cuts for the wealthy you lying, trolling
    rabid red rat! Tax cuts for EVERYONE yet again:)

    Look here for a summary of other options for government : https://bootstheory.wordpress.com/2016/10/13/there-is-no-surplus/

    and a summary of the hypocrisy of this government: http://norightturn.blogspot.co.nz/2016/10/fiscal-prudence.html


    Hypocrisy from the chronically hypocritical. Funny Rich. VERY funny.

    and even here: http://www.newshub.co.nz/politics/govt-posts-18b-surplus-but-not-everything-sitting-pretty-2016101313

    and even on laura norder National are failing us: http://www.labour.org.nz/andrew_little_speech_to_the_police_association_conference_2016


    What would little Andy know about laura norder Rich. He's never worked
    or operated in the real world since he got his degree! Or are you
    talking about the Laura Norder who cut all ties with Labour about the
    time Jim Anderton got fed up and formed his own Labour party?

    Pooh

    --- SoupGate-Win32 v1.05
    * Origin: Agency HUB, Dunedin - New Zealand | Fido<>Usenet Gateway (3:770/3)
  • From Crash@3:770/3 to Newsman on Friday, October 14, 2016 21:52:40
    On Thu, 13 Oct 2016 22:11:07 GMT, slaybot@hotmail.com (Newsman) wrote:

    On Thu, 13 Oct 2016 20:18:10 +1300, Crash <nogood@dontbother.invalid>
    wrote:

    On 13 Oct 2016 04:55:46 GMT, Gordon <Gordon@clear.net.nz> wrote:

    On 2016-10-13, JohnO <johno1234@gmail.com> wrote:
    Budget surplus now $1.8 billion. Outstanding.

    And it is sustainable. Looking forward to the tax cut.

    Remember when the Labour flunkies used to howl about how the surplus would
    never arrive? Where are those idiots now?

    Remember when the Government promised a surplus before now? Like 2 years >>>ago.
    So how is this relevant? IIRC this budget surplus is the second in as
    many years.

    Tax cuts, not until there is an opposition breathing hard on the Govenments >>>tail.

    Talk of tax cuts at this early stage bother me. We have survived the
    GFC on government borrowing so surely debt repayment trumps tax cuts
    until government debt is reduced to levels similar to pre-GFC.

    Ask yourself: in a country bind-drunk on debt under a National
    government, who has most to gain by favouring tax cuts rather than
    debt repayment?

    Newsman I don't accept that premise. I recall many Governments, both
    National and the odd Labour flavour, who have consistently run
    debt-funded deficits for many consecutive years up to 2014-15.

    Tax cuts are not necessarily a proven path to re-election as the
    (largely) Lange-led government found out in 1990. While the current National-led government may well waltz into a 4th term this is not
    because of their actions (which may well include tax reductions in the
    future) but because there is no credible opposition party. We have
    the perpetual minor parties (Greens and Winston First) with Labour
    being an ineffectual shadow of its former self with a Trade Union
    secretary (and an always-list,
    always-defeated-electorate-MP-candidate) as its Parliamentary leader.
    Labour's brand is so damaged that their successful official candidates
    for both Auckland and Wellington mayoralties did not use the red
    Labour brand.

    Newsman, ask yourself: where to from here with the current options?
    (Hint: none-of-the-above is not valid).



    --
    Crash McBash

    --- SoupGate-Win32 v1.05
    * Origin: Agency HUB, Dunedin - New Zealand | Fido<>Usenet Gateway (3:770/3)
  • From Rich80105@3:770/3 to All on Saturday, October 15, 2016 08:14:43
    On Fri, 14 Oct 2016 21:52:40 +1300, Crash <nogood@dontbother.invalid>
    wrote:

    On Thu, 13 Oct 2016 22:11:07 GMT, slaybot@hotmail.com (Newsman) wrote:

    On Thu, 13 Oct 2016 20:18:10 +1300, Crash <nogood@dontbother.invalid> >>wrote:

    On 13 Oct 2016 04:55:46 GMT, Gordon <Gordon@clear.net.nz> wrote:

    On 2016-10-13, JohnO <johno1234@gmail.com> wrote:
    Budget surplus now $1.8 billion. Outstanding.

    And it is sustainable. Looking forward to the tax cut.

    Remember when the Labour flunkies used to howl about how the surplus would never arrive? Where are those idiots now?

    Remember when the Government promised a surplus before now? Like 2 years >>>>ago.
    So how is this relevant? IIRC this budget surplus is the second in as >>>many years.

    Tax cuts, not until there is an opposition breathing hard on the Govenments >>>>tail.

    Talk of tax cuts at this early stage bother me. We have survived the
    GFC on government borrowing so surely debt repayment trumps tax cuts >>>until government debt is reduced to levels similar to pre-GFC.

    Ask yourself: in a country bind-drunk on debt under a National
    government, who has most to gain by favouring tax cuts rather than
    debt repayment?

    Newsman I don't accept that premise. I recall many Governments, both >National and the odd Labour flavour, who have consistently run
    debt-funded deficits for many consecutive years up to 2014-15.

    Tax cuts are not necessarily a proven path to re-election as the
    (largely) Lange-led government found out in 1990. While the current >National-led government may well waltz into a 4th term this is not
    because of their actions (which may well include tax reductions in the >future) but because there is no credible opposition party. We have
    the perpetual minor parties (Greens and Winston First) with Labour
    being an ineffectual shadow of its former self with a Trade Union
    secretary (and an always-list,
    always-defeated-electorate-MP-candidate) as its Parliamentary leader. >Labour's brand is so damaged that their successful official candidates
    for both Auckland and Wellington mayoralties did not use the red
    Labour brand.

    Newsman, ask yourself: where to from here with the current options?
    (Hint: none-of-the-above is not valid).

    Of course there is a credible opposition - you are blind to it, but
    polls indicate tht many are not - infact around the same number that
    find the government credible.

    The government is increasingly not believed as well - many are getting
    fed up with spin and the coterie of "independent" hangers -on: http://www.newstalkzb.co.nz/on-air/bayleys-early-edition/opinion/andrew-dickens-the-surplus-isnt-really-a-surplus-at-all/

    --- SoupGate-Win32 v1.05
    * Origin: Agency HUB, Dunedin - New Zealand | Fido<>Usenet Gateway (3:770/3)
  • From Pooh@3:770/3 to All on Thursday, October 20, 2016 10:57:38
    On 15/10/2016 8:14 a.m., Rich80105 wrote:
    On Fri, 14 Oct 2016 21:52:40 +1300, Crash <nogood@dontbother.invalid>
    wrote:

    On Thu, 13 Oct 2016 22:11:07 GMT, slaybot@hotmail.com (Newsman) wrote:

    On Thu, 13 Oct 2016 20:18:10 +1300, Crash <nogood@dontbother.invalid>
    wrote:

    On 13 Oct 2016 04:55:46 GMT, Gordon <Gordon@clear.net.nz> wrote:

    On 2016-10-13, JohnO <johno1234@gmail.com> wrote:
    Budget surplus now $1.8 billion. Outstanding.

    And it is sustainable. Looking forward to the tax cut.

    Remember when the Labour flunkies used to howl about how the surplus would never arrive? Where are those idiots now?

    Remember when the Government promised a surplus before now? Like 2 years >>>>> ago.
    So how is this relevant? IIRC this budget surplus is the second in as >>>> many years.

    Tax cuts, not until there is an opposition breathing hard on the Govenments
    tail.

    Talk of tax cuts at this early stage bother me. We have survived the
    GFC on government borrowing so surely debt repayment trumps tax cuts
    until government debt is reduced to levels similar to pre-GFC.

    Ask yourself: in a country bind-drunk on debt under a National
    government, who has most to gain by favouring tax cuts rather than
    debt repayment?

    Newsman I don't accept that premise. I recall many Governments, both
    National and the odd Labour flavour, who have consistently run
    debt-funded deficits for many consecutive years up to 2014-15.

    Tax cuts are not necessarily a proven path to re-election as the
    (largely) Lange-led government found out in 1990. While the current
    National-led government may well waltz into a 4th term this is not
    because of their actions (which may well include tax reductions in the
    future) but because there is no credible opposition party. We have
    the perpetual minor parties (Greens and Winston First) with Labour
    being an ineffectual shadow of its former self with a Trade Union
    secretary (and an always-list,
    always-defeated-electorate-MP-candidate) as its Parliamentary leader.
    Labour's brand is so damaged that their successful official candidates
    for both Auckland and Wellington mayoralties did not use the red
    Labour brand.

    Newsman, ask yourself: where to from here with the current options?
    (Hint: none-of-the-above is not valid).

    Of course there is a credible opposition - you are blind to it, but
    polls indicate tht many are not - infact around the same number that
    find the government credible.

    The government is increasingly not believed as well - many are getting
    fed up with spin and the coterie of "independent" hangers -on: http://www.newstalkzb.co.nz/on-air/bayleys-early-edition/opinion/andrew-dickens-the-surplus-isnt-really-a-surplus-at-all/

    You still living in that dream of a marxist paradise being inflicted by
    the ever useless liddle Andy and his marxist mates Rich.

    Guess you'd love to see the Trotsky trollop Clinton win the US elections
    and turn the USA into another marxist basket case with her plans to
    increase taxes and remove the American taxpayers ability to defend
    themselves from it Rich.

    Pooh

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