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The Economy


Will you offer cheaper loans for first home buyers? How will you help low and middle income families get through the recession?

{ 25 comments… read them below or add one }

MachineLegion August 17, 2010 at 2:12 am

You’re right, he didn’t cause it, but he did play a part. Wasting a billion dollars a day in Iraq did its fair share of damage.

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musicdied August 17, 2010 at 2:42 am

The monetary system aswell as the religious, are out of date. Human behavior has the ability to change, just look at technology. We are entering an age when human labour will come to a massive hault. This is because manufacturing is becoming automated. As a species we need to embrace a paradise like society with the whole world. It wont be god who gave it to us, it was us who created it. Become apart of the Zeitgeist Movement. Its the ONLY way we could experience our true human potential….

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saveurhomenow August 17, 2010 at 3:18 am

Don’t Get Foreclosed On Modify Your Loan go to homesaver(DOT)tk

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iowahawkeye4485 August 17, 2010 at 3:19 am

Bush didnt cause this. Bush didnt cause gas prices. Some Gizzies just wanted to raise prices. Energy is everything. You need tranportation. heat your house. and everything else. Also The economy being down is a great time to become successful. people are to lazy to try and make more money. there also to stupid.

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bondhemibond August 17, 2010 at 3:20 am

Environment is a huge issue – far bigger than the economy. What use is the economy if we have nothing to support. Also I object to my tax dollars propping up foreign banks like Westpac and ANZ. I want to support New Zealand industry – like Kiwibank. Also to those dumbasses that dont already know it – Asian were here well before the European. Maori and Polynesian DNA proves that.

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PAiiGEANDCOURTNEY August 17, 2010 at 3:41 am

<3 i love u LOVE MEEEEE J

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unisyn09 August 17, 2010 at 4:19 am

I dont want to vote for any of these 2 idiots, they both sound like children, im going to vote for the Family party, so we can atleast have someone in parliament that cares about families.

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User19844891 August 17, 2010 at 4:24 am

Screw the environment we can always buy a new one if we have a good economy!

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brianoh99 August 17, 2010 at 4:45 am

I really don’t know whether that will happen. Can’t the central bank just create more credit for the banks to lend? IE. “Print more money”. I am inclined to give the Clark Govt credit for seeing the error of the ways of the US starting in 2001. Clark and co pressured (as I see it) the Reserve Bank to raise rates to bring the housing bubble under control. It is too easy for some political clowns to call for lower rates – it is popular. Whether rates escalate because of lack of liquidity???

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jasonandrewford August 17, 2010 at 5:03 am

why do you have a problem with ‘the executive businessmen’ on three figure salaries. Should we all earn 95 a week?
Why is Helen in Politics? oh yeh thats all she’s ever done.

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jasonandrewford August 17, 2010 at 5:24 am

we are headed for double digit interest rates (after the short term lowering at present has become impossible to sustain) The money supply is going to dry up big time around the world. No NZ government can change that.

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jasonandrewford August 17, 2010 at 6:19 am

Yes I am, the people running the markets are obviously incapable of self regulation.

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jasonandrewford August 17, 2010 at 6:51 am

speculation v fact

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Lowkey1979 August 17, 2010 at 7:29 am

So Labours failure to regulate the Housing market, ie allowing the free market to regulate itself, wouldn’t have occurred under National, the “capitalist” party that is an even stronger backer of free market oriented economics??? And you think National wouldn’t have also invested in schemes that every banker on the planet was recommending????

So I guess you must be in favor of full state intervention in the markets. Some kind of weird user pays/Communist crossbreed perhaps would suit you????

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jasonandrewford August 17, 2010 at 7:54 am

yeh I would much rather ride a unicycle 50km to work than fly on a jet pack. Actually we don’t need either of those, we should just walk nude everywhere, fuck enterprise and the competitive nature of the human being.

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jasonandrewford August 17, 2010 at 8:24 am

Its funny how labour and their supporters seem to make the middle classes and successful people the enemy. According to labour you are evil if you work hard run a business, employ people, and actually contribute to economic growth. That is why we need National, to encourage growth in what is undoubtedly going to be (and has already been for much of the year) difficult times.

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jasonandrewford August 17, 2010 at 8:54 am

ever heard of user pays? A much fairer tax system, where heading there anyway, so we might as well have as much money in our own pockets back that the government takes from you. Our economy is ‘fucked’ is it. How’d you come to that conclusion? NZ is okay, its the US that is ‘fucked’ Oh I know what you mean, Labour failed to regulate the booming housing market, and they sent our retirement money overseas for someone else to use. They are very clever. Cullen is a Dr of Fuck All by the way.

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MrDialup August 17, 2010 at 9:23 am

The economy is as you so eloquently put it “fucked” because Helen Clark overtaxed and put money into nonproductive election bribes like interest free student loans. Were it put into tax cuts, more productive people would remain in NZ, we would not have the problems of skills shortages and needing to spend so much extra on education. Lower company taxes and less red tape would similiarly incourage more business to move to or stay in New Zealand, and we would not have all these factories closing.

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Smashitz August 17, 2010 at 9:25 am

please someone get rid of Working for Families by giving the equivilant amount back to in tax cuts? i.e., cut taxes back so that families (workers) get back the equivilant of what they would get through working for families! surely this would cut out beaurocracy (processing costs), & also set a threshold around 5 to 10 grand annual income where you don’t pay tax at all! allowing famlies to invest,save,own homes,.. but no nanny state is scared of inflation & people determining their own futures

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Smashitz August 17, 2010 at 10:17 am

look at it this way,.. tax is YOUR money you’ve worked hard for and are forced to hand over to the government! Dubai is TAX free!, we can achieve a better economy than what Labour has done,.. I do agree though that some form of taxation is necesary but not at 30% and above…

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brianoh99 August 17, 2010 at 10:39 am

I think if you do a little research you will realise that low interest rates cause asset-bubbles in income-earning assets. Many bubbles eventually burst – as is now happening in the US. NZ and Australia have the highest or almost the highest house prices in the world relative to incomes. The reason the investors flocked to buy houses was initially caused by stocks rising forcing them to look elsewhere for a return on capital using borrowed money. House prices fall very slowly relative to stocks.

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jimpendo August 17, 2010 at 10:55 am

people who want tax cuts are ignorant, greedy bastards. the economies fucked and the New Zealand government simply cant afford it. Helen is a realist. John is a false profit. he cant and he wont deliver.

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spellgrounds August 17, 2010 at 11:12 am

fuck off clark, you dont give a shit about kiwi’s, you have fucked N.Z up!and key, your a goose! please go away

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benthemuzz August 17, 2010 at 11:50 am

also im not impressed by helens debating skills. First skill i learnt in debating is not to make a personal attack on the opposing party. Helen stikes a low blow when she says “you might be used to shouting people down at home but your not shouting me down” hmmm ego issues? or perhaps shes not used to being the least manly voice in the room haha. shes a joke. GO NATIONAL!!

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benthemuzz August 17, 2010 at 12:17 pm

maori party haha newzealand would crash and burn. Helen clark needs to go. Shes ruined nz enough already. i want a healthy economy when im older not one thats munted. i also want to stay in nz its the best place to raise a family. helens all about power and domination (probably in the bedroom aswell, ahh bad image) john key actually cares about newzealanf you can see by the way he argues his points.

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