• Re: A Political Lesson

    From John Bowes@21:1/5 to All on Wed Feb 22 17:04:27 2023
    On Thursday, February 23, 2023 at 1:38:43 PM UTC+13, Rich80105 wrote:
    https://www.stuff.co.nz/national/politics/131308473/adrian-orr-gives-the-political-class-a-wakeup-call-on-borrowandspend

    Which is shorthand for saying that Luxon and National are getting it
    wrong, and Labour need to follow through on their plans to cut other spending to meet the needs of the communities hit by floods.

    Nothing new there then . . .

    As usual you miss the message Rich! Orr was talking to your useless fucking government NOT National. after all it is still Labour in power for a few more months and they still have several high value wasteful spends on the books and others in wings just
    in case they manage to win the next election! But guess typical of the loopy left and Labour it's never them at fault when in reality they tend to be the problem rather than solutions!

    The nothing new Rich is that yet again your lack of comprehension leaves you looking like a useless fucking imbecile!

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Rich80105@21:1/5 to All on Thu Feb 23 13:37:33 2023
    https://www.stuff.co.nz/national/politics/131308473/adrian-orr-gives-the-political-class-a-wakeup-call-on-borrowandspend

    Which is shorthand for saying that Luxon and National are getting it
    wrong, and Labour need to follow through on their plans to cut other
    spending to meet the needs of the communities hit by floods.

    Nothing new there then . . .

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Tony@21:1/5 to Rich80105@hotmail.com on Thu Feb 23 01:43:09 2023
    Rich80105 <Rich80105@hotmail.com> wrote: >https://www.stuff.co.nz/national/politics/131308473/adrian-orr-gives-the-political-class-a-wakeup-call-on-borrowandspend

    Which is shorthand for saying that Luxon and National are getting it
    wrong, and Labour need to follow through on their plans to cut other
    spending to meet the needs of the communities hit by floods.

    Nothing new there then . . .
    What bullshit - can you even read?
    What it is saying is that either the government or the opposition have got it worng or even that both have.
    What a jerk you are to think that you can fool people with such childish lies. If you could understand the word balance you would fall over and break your nose.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From John Bowes@21:1/5 to All on Wed Feb 22 18:34:19 2023
    On Thursday, February 23, 2023 at 3:28:30 PM UTC+13, Rich80105 wrote:
    On Thu, 23 Feb 2023 01:43:09 -0000 (UTC), Tony
    <lizan...@orcon.net.nz> wrote:

    Rich80105 <Rich...@hotmail.com> wrote: >>https://www.stuff.co.nz/national/politics/131308473/adrian-orr-gives-the-political-class-a-wakeup-call-on-borrowandspend

    Which is shorthand for saying that Luxon and National are getting it >>wrong, and Labour need to follow through on their plans to cut other >>spending to meet the needs of the communities hit by floods.

    Nothing new there then . . .
    What bullshit - can you even read?
    What it is saying is that either the government or the opposition have got it
    worng or even that both have.
    What a jerk you are to think that you can fool people with such childish lies.
    If you could understand the word balance you would fall over and break your >nose.
    From that article:
    "Instead, he stated the obvious: that if the Government borrows up big
    to spend on the cyclone recovery it will pump new cash into the
    economy.

    That, in turn, will make his job harder.

    Ergo, too much borrowing could mean more interest rate hikes and
    higher repayments on household mortgages and business loans.

    He diplomatically suggested if the government were minded to do some “reprioritisation” of spending (in other words, to make cuts to redistribute funds to cyclone relief) or jack up taxes to help pay for
    it, that would make his life easier. "

    or from this article: https://www.stuff.co.nz/national/politics/131304505/tax-or-borrow-labour-and-national-clash-over-cyclone-recovery?rm=a&cx_rm-ctrl=true

    "Robertson, who is also the first Cyclone Recovery Minister, faced
    questions at select committee and in the House from opposition MPs
    about how the Government will pay for the crisis which has caused
    serious damage to housing, productive land, businesses and
    infrastructure. However, he said no decisions had been made.

    “There are people whose homes, whose businesses have been completely devastated. We owe it to them to consider carefully both how much this
    is going to cost and how we pay for it,” he said.

    Labour promised it wouldn’t bring any new taxes in 2020. But Robertson said he wouldn’t play “political games and do rule in, rule out”."

    and later:

    "National leader Christopher Luxon said his party would still give
    people a tax cut through adjusting the tax thresholds to account for inflation, and would borrow to pay for the flood recovery work."



    Here is another report that may make it clearer for you:

    https://www.politik.co.nz/orr-raise-taxes-or-i-will-raise-interest-rates/

    from which:
    "Reserve Bank Governor Adrian Orr could not have been more clear.

    If the Government includes raising taxes in its plans to pay for the
    Cyclone Gabrielle rebuild, then that will take pressure off him to
    raise interest rates.

    Twice in his Monetary Policy press conference yesterday, he carefully
    stated that position.

    “Reprioritisation of current spending and revenue arising through
    other alternatives makes the job of monetary policy easier because
    it’s redirecting current income rather than creating new cash in the economy,” he said.

    And then: “If they (the Government) chose the reprioritisation and
    tax increases, then that does mean less increase in aggregate demand;
    less monetary policy pressure.”

    Orr’s comments came after National Leader Christopher Luxon, Finance spokesperson Nicola Willis and ACT Leader, David Seymour, had all
    piled on to Prime Minister Chris Hipkins and Finance Minister
    Robertson during this year’s first Question Time in Parliament,
    claiming that Labour intended to raise taxes.

    Robertson, presumably unaware of what Orr was about to say at the
    press conference, did not put the possibility that not raising taxes
    could lead to higher interest rates to Parliament. Instead, he
    insisted the Government had yet to make any decisions. “However, what responsible Governments do in this situation is assess options,’ he
    said.

    ______________

    Most of us have two eyes, Tony - it appears you have lost perspective
    and gone down a rabbit hole . .
    So who is the government at present Rich? It certainly isn't National which makes your comment just more childish and politically biased bullshit and lies from you Rich! Besides BOTH party's are suggesting borrowing is the answer to the problem. Facts
    that as usual you conveniently ignore like most Marxist muppets like you!

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Tony@21:1/5 to Rich80105@hotmail.com on Thu Feb 23 03:09:43 2023
    Rich80105 <Rich80105@hotmail.com> wrote:
    On Thu, 23 Feb 2023 01:43:09 -0000 (UTC), Tony
    <lizandtony@orcon.net.nz> wrote:

    Rich80105 <Rich80105@hotmail.com> wrote: >>>https://www.stuff.co.nz/national/politics/131308473/adrian-orr-gives-the-political-class-a-wakeup-call-on-borrowandspend

    Which is shorthand for saying that Luxon and National are getting it >>>wrong, and Labour need to follow through on their plans to cut other >>>spending to meet the needs of the communities hit by floods.

    Nothing new there then . . .
    What bullshit - can you even read?
    What it is saying is that either the government or the opposition have got it >>worng or even that both have.
    What a jerk you are to think that you can fool people with such childish lies.
    If you could understand the word balance you would fall over and break your >>nose.

    From that article:
    "Instead, he stated the obvious: that if the Government borrows up big
    to spend on the cyclone recovery it will pump new cash into the
    economy.

    That, in turn, will make his job harder.

    Ergo, too much borrowing could mean more interest rate hikes and
    higher repayments on household mortgages and business loans.

    He diplomatically suggested if the government were minded to do some >reprioritisation of spending (in other words, to make cuts to
    redistribute funds to cyclone relief) or jack up taxes to help pay for
    it, that would make his life easier. "

    or from this article: >https://www.stuff.co.nz/national/politics/131304505/tax-or-borrow-labour-and-national-clash-over-cyclone-recovery?rm=a&cx_rm-ctrl=true

    "Robertson, who is also the first Cyclone Recovery Minister, faced
    questions at select committee and in the House from opposition MPs
    about how the Government will pay for the crisis which has caused
    serious damage to housing, productive land, businesses and
    infrastructure. However, he said no decisions had been made.

    There are people whose homes, whose businesses have been completely >devastated. We owe it to them to consider carefully both how much this
    is going to cost and how we pay for it, he said.

    Labour promised it wouldnt bring any new taxes in 2020. But Robertson
    said he wouldnt play political games and do rule in, rule out."

    and later:

    "National leader Christopher Luxon said his party would still give
    people a tax cut through adjusting the tax thresholds to account for >inflation, and would borrow to pay for the flood recovery work."



    Here is another report that may make it clearer for you:

    https://www.politik.co.nz/orr-raise-taxes-or-i-will-raise-interest-rates/

    from which:
    "Reserve Bank Governor Adrian Orr could not have been more clear.

    If the Government includes raising taxes in its plans to pay for the
    Cyclone Gabrielle rebuild, then that will take pressure off him to
    raise interest rates.

    Twice in his Monetary Policy press conference yesterday, he carefully
    stated that position.

    Reprioritisation of current spending and revenue arising through
    other alternatives makes the job of monetary policy easier because
    its redirecting current income rather than creating new cash in the >economy, he said.

    And then: If they (the Government) chose the reprioritisation and
    tax increases, then that does mean less increase in aggregate demand;
    less monetary policy pressure.

    Orrs comments came after National Leader Christopher Luxon, Finance >spokesperson Nicola Willis and ACT Leader, David Seymour, had all
    piled on to Prime Minister Chris Hipkins and Finance Minister
    Robertson during this years first Question Time in Parliament,
    claiming that Labour intended to raise taxes.

    Robertson, presumably unaware of what Orr was about to say at the
    press conference, did not put the possibility that not raising taxes
    could lead to higher interest rates to Parliament. Instead, he
    insisted the Government had yet to make any decisions. However, what >responsible Governments do in this situation is assess options, he
    said.

    ______________

    Most of us have two eyes, Tony - it appears you have lost perspective
    and gone down a rabbit hole . .
    You cherry pick and lie like lizard you are.
    Here are the quotes that support my post.
    I have two eyes and you have none.
    "He diplomatically suggested if the government were minded to do some reprioritisation of spending (in other words, to make cuts to redistribute funds to cyclone relief) or jack up taxes to help pay for it, that would make his life easier.
    That presents significant challenges for both of the major political parties, because Orrs point is that more government borrowing and spending simply works against getting inflation under control."
    and
    "For the politics of the moment, this will sharpen the difference between Labour and National. If Labour is to heed the governors advice it will either have to cut spending or raise taxes, and Finance Minister Grant Robertson has so far refused to rule out any tax hikes."
    and
    "In other words, both major parties may now be forced into something they don't really wish to do.
    In an election year Labour probably doesn't really want to raise taxes (although it may calculate some upside in a limited cyclone-related hike), and National doesnt really want to show how it would pay for the cyclone or where it would make any cuts.
    The centre-right party is convinced there is plenty of fat and poor quality spending in Government and there clearly is but actually identifying cuts creates losers and people could campaign against you."
    All of which supports what I wrote. Shove your lies and cherrypicking, one-eyed marxist garbage where it belongs.
    It was a criticism of the government and the opposition you retarded little turd.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Gordon@21:1/5 to Rich80105@hotmail.com on Thu Feb 23 02:55:38 2023
    On 2023-02-23, Rich80105 <Rich80105@hotmail.com> wrote:
    https://www.stuff.co.nz/national/politics/131308473/adrian-orr-gives-the-political-class-a-wakeup-call-on-borrowandspend

    Which is shorthand for saying that Luxon and National are getting it
    wrong, and Labour need to follow through on their plans to cut other
    spending to meet the needs of the communities hit by floods.

    Nothing new there then . . .


    Which is the issue.

    In the past, and recent past, national disasters were taken as a given and
    the Government took responsibilty to help $ wise. It readjusted the cash
    flow and the people in the affected area(s) recovered.

    Now we have the Reserve Bank saying $20B for Covid relief at a moments
    notice, and now the Reserve Bank is suggesting that there might not be
    enough maney to pay for the natural disaster.

    It is fair to say that most people agree on the principle that they (we) all need to pay our fair share for the recovery. Next time it might be in your area.

    It is the Government's job to "find" the money for the recovery, as money is needed for the recovery. It is an investment in the country. Sure the
    recovery might hold the inflation rate slightly higher for longer, but the economy is not going to recovery without money.

    During Covid the response was to splash the cash to keep the economy alive. Rich has told us how successful this was, now it is time to repeat.

    The Reserve Bank is starting to sound like a Big bank, not the country's
    bank.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Rich80105@21:1/5 to lizandtony@orcon.net.nz on Thu Feb 23 15:27:19 2023
    On Thu, 23 Feb 2023 01:43:09 -0000 (UTC), Tony
    <lizandtony@orcon.net.nz> wrote:

    Rich80105 <Rich80105@hotmail.com> wrote: >>https://www.stuff.co.nz/national/politics/131308473/adrian-orr-gives-the-political-class-a-wakeup-call-on-borrowandspend

    Which is shorthand for saying that Luxon and National are getting it
    wrong, and Labour need to follow through on their plans to cut other >>spending to meet the needs of the communities hit by floods.

    Nothing new there then . . .
    What bullshit - can you even read?
    What it is saying is that either the government or the opposition have got it >worng or even that both have.
    What a jerk you are to think that you can fool people with such childish lies. >If you could understand the word balance you would fall over and break your >nose.

    From that article:
    "Instead, he stated the obvious: that if the Government borrows up big
    to spend on the cyclone recovery it will pump new cash into the
    economy.

    That, in turn, will make his job harder.

    Ergo, too much borrowing could mean more interest rate hikes and
    higher repayments on household mortgages and business loans.

    He diplomatically suggested if the government were minded to do some reprioritisation of spending (in other words, to make cuts to
    redistribute funds to cyclone relief) or jack up taxes to help pay for
    it, that would make his life easier. "

    or from this article: https://www.stuff.co.nz/national/politics/131304505/tax-or-borrow-labour-and-national-clash-over-cyclone-recovery?rm=a&cx_rm-ctrl=true

    "Robertson, who is also the first Cyclone Recovery Minister, faced
    questions at select committee and in the House from opposition MPs
    about how the Government will pay for the crisis which has caused
    serious damage to housing, productive land, businesses and
    infrastructure. However, he said no decisions had been made.

    There are people whose homes, whose businesses have been completely devastated. We owe it to them to consider carefully both how much this
    is going to cost and how we pay for it, he said.

    Labour promised it wouldnt bring any new taxes in 2020. But Robertson
    said he wouldnt play political games and do rule in, rule out."

    and later:

    "National leader Christopher Luxon said his party would still give
    people a tax cut through adjusting the tax thresholds to account for
    inflation, and would borrow to pay for the flood recovery work."



    Here is another report that may make it clearer for you:

    https://www.politik.co.nz/orr-raise-taxes-or-i-will-raise-interest-rates/

    from which:
    "Reserve Bank Governor Adrian Orr could not have been more clear.

    If the Government includes raising taxes in its plans to pay for the
    Cyclone Gabrielle rebuild, then that will take pressure off him to
    raise interest rates.

    Twice in his Monetary Policy press conference yesterday, he carefully
    stated that position.

    Reprioritisation of current spending and revenue arising through
    other alternatives makes the job of monetary policy easier because
    its redirecting current income rather than creating new cash in the
    economy, he said.

    And then: If they (the Government) chose the reprioritisation and
    tax increases, then that does mean less increase in aggregate demand;
    less monetary policy pressure.

    Orrs comments came after National Leader Christopher Luxon, Finance spokesperson Nicola Willis and ACT Leader, David Seymour, had all
    piled on to Prime Minister Chris Hipkins and Finance Minister
    Robertson during this years first Question Time in Parliament,
    claiming that Labour intended to raise taxes.

    Robertson, presumably unaware of what Orr was about to say at the
    press conference, did not put the possibility that not raising taxes
    could lead to higher interest rates to Parliament. Instead, he
    insisted the Government had yet to make any decisions. However, what responsible Governments do in this situation is assess options, he
    said.

    ______________

    Most of us have two eyes, Tony - it appears you have lost perspective
    and gone down a rabbit hole . .

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Rich80105@21:1/5 to lizandtony@orcon.net.nz on Thu Feb 23 22:34:57 2023
    On Thu, 23 Feb 2023 03:09:43 -0000 (UTC), Tony
    <lizandtony@orcon.net.nz> wrote:

    Rich80105 <Rich80105@hotmail.com> wrote:
    On Thu, 23 Feb 2023 01:43:09 -0000 (UTC), Tony
    <lizandtony@orcon.net.nz> wrote:

    Rich80105 <Rich80105@hotmail.com> wrote: >>>>https://www.stuff.co.nz/national/politics/131308473/adrian-orr-gives-the-political-class-a-wakeup-call-on-borrowandspend

    Which is shorthand for saying that Luxon and National are getting it >>>>wrong, and Labour need to follow through on their plans to cut other >>>>spending to meet the needs of the communities hit by floods.

    Nothing new there then . . .
    What bullshit - can you even read?
    What it is saying is that either the government or the opposition have got it
    worng or even that both have.
    What a jerk you are to think that you can fool people with such childish lies.
    If you could understand the word balance you would fall over and break your >>>nose.

    From that article:
    "Instead, he stated the obvious: that if the Government borrows up big
    to spend on the cyclone recovery it will pump new cash into the
    economy.

    That, in turn, will make his job harder.

    Ergo, too much borrowing could mean more interest rate hikes and
    higher repayments on household mortgages and business loans.

    He diplomatically suggested if the government were minded to do some >>reprioritisation of spending (in other words, to make cuts to >>redistribute funds to cyclone relief) or jack up taxes to help pay for
    it, that would make his life easier. "

    or from this article: >>https://www.stuff.co.nz/national/politics/131304505/tax-or-borrow-labour-and-national-clash-over-cyclone-recovery?rm=a&cx_rm-ctrl=true

    "Robertson, who is also the first Cyclone Recovery Minister, faced >>questions at select committee and in the House from opposition MPs
    about how the Government will pay for the crisis which has caused
    serious damage to housing, productive land, businesses and
    infrastructure. However, he said no decisions had been made.

    There are people whose homes, whose businesses have been completely >>devastated. We owe it to them to consider carefully both how much this
    is going to cost and how we pay for it, he said.

    Labour promised it wouldnt bring any new taxes in 2020. But Robertson
    said he wouldnt play political games and do rule in, rule out."

    and later:

    "National leader Christopher Luxon said his party would still give
    people a tax cut through adjusting the tax thresholds to account for >>inflation, and would borrow to pay for the flood recovery work."



    Here is another report that may make it clearer for you:

    https://www.politik.co.nz/orr-raise-taxes-or-i-will-raise-interest-rates/

    from which:
    "Reserve Bank Governor Adrian Orr could not have been more clear.

    If the Government includes raising taxes in its plans to pay for the >>Cyclone Gabrielle rebuild, then that will take pressure off him to
    raise interest rates.

    Twice in his Monetary Policy press conference yesterday, he carefully >>stated that position.

    Reprioritisation of current spending and revenue arising through
    other alternatives makes the job of monetary policy easier because
    its redirecting current income rather than creating new cash in the >>economy, he said.

    And then: If they (the Government) chose the reprioritisation and
    tax increases, then that does mean less increase in aggregate demand;
    less monetary policy pressure.

    Orrs comments came after National Leader Christopher Luxon, Finance >>spokesperson Nicola Willis and ACT Leader, David Seymour, had all
    piled on to Prime Minister Chris Hipkins and Finance Minister
    Robertson during this years first Question Time in Parliament,
    claiming that Labour intended to raise taxes.

    Robertson, presumably unaware of what Orr was about to say at the
    press conference, did not put the possibility that not raising taxes
    could lead to higher interest rates to Parliament. Instead, he
    insisted the Government had yet to make any decisions. However, what >>responsible Governments do in this situation is assess options, he
    said.

    ______________

    Most of us have two eyes, Tony - it appears you have lost perspective
    and gone down a rabbit hole . .
    You cherry pick and lie like lizard you are.
    Here are the quotes that support my post.
    I have two eyes and you have none.
    "He diplomatically suggested if the government were minded to do some >reprioritisation of spending (in other words, to make cuts to redistribute >funds to cyclone relief) or jack up taxes to help pay for it, that would make >his life easier.
    That presents significant challenges for both of the major political parties, >because Orrs point is that more government borrowing and spending simply works
    against getting inflation under control."
    and
    "For the politics of the moment, this will sharpen the difference between >Labour and National. If Labour is to heed the governors advice it will either >have to cut spending or raise taxes, and Finance Minister Grant Robertson has >so far refused to rule out any tax hikes."
    and
    "In other words, both major parties may now be forced into something they don't
    really wish to do.
    In an election year Labour probably doesn't really want to raise taxes >(although it may calculate some upside in a limited cyclone-related hike), and >National doesnt really want to show how it would pay for the cyclone or where >it would make any cuts.
    The centre-right party is convinced there is plenty of fat and poor quality >spending in Government and there clearly is but actually identifying cuts >creates losers and people could campaign against you."
    All of which supports what I wrote. Shove your lies and cherrypicking, one-eyed
    marxist garbage where it belongs.
    It was a criticism of the government and the opposition you retarded little >turd.

    Somewhwere in that last few paragraphs you stopped quoting and
    inserted your own views; Orr did not say that there was plenty of fat
    and poor quality spending - that is your lie . . .

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Rich80105@21:1/5 to Gordon on Thu Feb 23 22:32:34 2023
    On 23 Feb 2023 02:55:38 GMT, Gordon <Gordon@leaf.net.nz> wrote:

    On 2023-02-23, Rich80105 <Rich80105@hotmail.com> wrote:
    https://www.stuff.co.nz/national/politics/131308473/adrian-orr-gives-the-political-class-a-wakeup-call-on-borrowandspend

    Which is shorthand for saying that Luxon and National are getting it
    wrong, and Labour need to follow through on their plans to cut other
    spending to meet the needs of the communities hit by floods.

    Nothing new there then . . .


    Which is the issue.

    In the past, and recent past, national disasters were taken as a given and >the Government took responsibilty to help $ wise. It readjusted the cash
    flow and the people in the affected area(s) recovered.

    Now we have the Reserve Bank saying $20B for Covid relief at a moments >notice, and now the Reserve Bank is suggesting that there might not be
    enough maney to pay for the natural disaster.

    No they are not - it is really a question of where the money comes
    from - cutting some other costs (which both parties believe
    appropriate - besides the resources needed for the flooding will
    prevent some other spending anyway), borrowing (which National want to
    do as well as cutting taxes) or a mix of borrowing and raising money
    by other means including increasing some taxes (and Labour is
    considering but has not yet made a decision, but it is doubtful that
    they will drop the top tax rate as Luxon says he will still do . . .)

    It is fair to say that most people agree on the principle that they (we) all >need to pay our fair share for the recovery. Next time it might be in your >area.

    It is the Government's job to "find" the money for the recovery, as money is >needed for the recovery. It is an investment in the country. Sure the >recovery might hold the inflation rate slightly higher for longer, but the >economy is not going to recovery without money.

    During Covid the response was to splash the cash to keep the economy alive. >Rich has told us how successful this was, now it is time to repeat.

    The Reserve Bank is starting to sound like a Big bank, not the country's >bank.

    No, they are leaving what happens to the government, but warning that
    borrowing and reducing taxes would make it harder to control
    inflation; reducng other costs and/or increasing taxes to raise some
    money but borrowing the rest would make it slightly easier to control inflation.

    Our inflation rate is well below some of our trading partners, but
    most have not just had a major weather event.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Tony@21:1/5 to Rich80105@hotmail.com on Thu Feb 23 19:53:00 2023
    Rich80105 <Rich80105@hotmail.com> wrote:
    On Thu, 23 Feb 2023 03:09:43 -0000 (UTC), Tony
    <lizandtony@orcon.net.nz> wrote:

    Rich80105 <Rich80105@hotmail.com> wrote:
    On Thu, 23 Feb 2023 01:43:09 -0000 (UTC), Tony
    <lizandtony@orcon.net.nz> wrote:

    Rich80105 <Rich80105@hotmail.com> wrote: >>>>>https://www.stuff.co.nz/national/politics/131308473/adrian-orr-gives-the-political-class-a-wakeup-call-on-borrowandspend

    Which is shorthand for saying that Luxon and National are getting it >>>>>wrong, and Labour need to follow through on their plans to cut other >>>>>spending to meet the needs of the communities hit by floods.

    Nothing new there then . . .
    What bullshit - can you even read?
    What it is saying is that either the government or the opposition have got >>>>it
    worng or even that both have.
    What a jerk you are to think that you can fool people with such childish >>>>lies.
    If you could understand the word balance you would fall over and break your >>>>nose.

    From that article:
    "Instead, he stated the obvious: that if the Government borrows up big
    to spend on the cyclone recovery it will pump new cash into the
    economy.

    That, in turn, will make his job harder.

    Ergo, too much borrowing could mean more interest rate hikes and
    higher repayments on household mortgages and business loans.

    He diplomatically suggested if the government were minded to do some >>>reprioritisation of spending (in other words, to make cuts to >>>redistribute funds to cyclone relief) or jack up taxes to help pay for >>>it, that would make his life easier. "

    or from this article: >>>https://www.stuff.co.nz/national/politics/131304505/tax-or-borrow-labour-and-national-clash-over-cyclone-recovery?rm=a&cx_rm-ctrl=true

    "Robertson, who is also the first Cyclone Recovery Minister, faced >>>questions at select committee and in the House from opposition MPs
    about how the Government will pay for the crisis which has caused
    serious damage to housing, productive land, businesses and >>>infrastructure. However, he said no decisions had been made.

    There are people whose homes, whose businesses have been completely >>>devastated. We owe it to them to consider carefully both how much this
    is going to cost and how we pay for it, he said.

    Labour promised it wouldnt bring any new taxes in 2020. But Robertson >>>said he wouldnt play political games and do rule in, rule out."

    and later:

    "National leader Christopher Luxon said his party would still give
    people a tax cut through adjusting the tax thresholds to account for >>>inflation, and would borrow to pay for the flood recovery work."



    Here is another report that may make it clearer for you:
    https://www.politik.co.nz/orr-raise-taxes-or-i-will-raise-interest-rates/ >>>
    from which:
    "Reserve Bank Governor Adrian Orr could not have been more clear.

    If the Government includes raising taxes in its plans to pay for the >>>Cyclone Gabrielle rebuild, then that will take pressure off him to
    raise interest rates.

    Twice in his Monetary Policy press conference yesterday, he carefully >>>stated that position.

    Reprioritisation of current spending and revenue arising through
    other alternatives makes the job of monetary policy easier because
    its redirecting current income rather than creating new cash in the >>>economy, he said.

    And then: If they (the Government) chose the reprioritisation and
    tax increases, then that does mean less increase in aggregate demand; >>>less monetary policy pressure.

    Orrs comments came after National Leader Christopher Luxon, Finance >>>spokesperson Nicola Willis and ACT Leader, David Seymour, had all
    piled on to Prime Minister Chris Hipkins and Finance Minister
    Robertson during this years first Question Time in Parliament,
    claiming that Labour intended to raise taxes.

    Robertson, presumably unaware of what Orr was about to say at the
    press conference, did not put the possibility that not raising taxes >>>could lead to higher interest rates to Parliament. Instead, he
    insisted the Government had yet to make any decisions. However, what >>>responsible Governments do in this situation is assess options, he
    said.

    ______________

    Most of us have two eyes, Tony - it appears you have lost perspective
    and gone down a rabbit hole . .
    You cherry pick and lie like lizard you are.
    Here are the quotes that support my post.
    I have two eyes and you have none.
    "He diplomatically suggested if the government were minded to do some >>reprioritisation of spending (in other words, to make cuts to redistribute >>funds to cyclone relief) or jack up taxes to help pay for it, that would make >>his life easier.
    That presents significant challenges for both of the major political parties, >>because Orrs point is that more government borrowing and spending simply >>works
    against getting inflation under control."
    and
    "For the politics of the moment, this will sharpen the difference between >>Labour and National. If Labour is to heed the governors advice it will >>either
    have to cut spending or raise taxes, and Finance Minister Grant Robertson has >>so far refused to rule out any tax hikes."
    and
    "In other words, both major parties may now be forced into something they >>don't
    really wish to do.
    In an election year Labour probably doesn't really want to raise taxes >>(although it may calculate some upside in a limited cyclone-related hike), >>and
    National doesnt really want to show how it would pay for the cyclone or >>where
    it would make any cuts.
    The centre-right party is convinced there is plenty of fat and poor quality >>spending in Government and there clearly is but actually identifying cuts >>creates losers and people could campaign against you."
    All of which supports what I wrote. Shove your lies and cherrypicking, >>one-eyed
    marxist garbage where it belongs.
    It was a criticism of the government and the opposition you retarded little >>turd.

    Somewhwere in that last few paragraphs you stopped quoting and
    inserted your own views; Orr did not say that there was plenty of fat
    and poor quality spending - that is your lie . . .
    You stupid man. I did not say that Orr said that.
    That quote came from the article that YOU POSTED you cretin. And it is in quotes so that even you could work out that it was a bloody quote.
    Piss off you under educated earthworm.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Tony@21:1/5 to Tony on Fri Feb 24 18:56:29 2023
    Tony <lizandtony@orcon.net.nz> wrote:
    Rich80105 <Rich80105@hotmail.com> wrote:
    On Thu, 23 Feb 2023 03:09:43 -0000 (UTC), Tony
    <lizandtony@orcon.net.nz> wrote:

    Rich80105 <Rich80105@hotmail.com> wrote:
    On Thu, 23 Feb 2023 01:43:09 -0000 (UTC), Tony >>>><lizandtony@orcon.net.nz> wrote:

    Rich80105 <Rich80105@hotmail.com> wrote: >>>>>>https://www.stuff.co.nz/national/politics/131308473/adrian-orr-gives-the-political-class-a-wakeup-call-on-borrowandspend

    Which is shorthand for saying that Luxon and National are getting it >>>>>>wrong, and Labour need to follow through on their plans to cut other >>>>>>spending to meet the needs of the communities hit by floods.

    Nothing new there then . . .
    What bullshit - can you even read?
    What it is saying is that either the government or the opposition have got >>>>>it
    worng or even that both have.
    What a jerk you are to think that you can fool people with such childish >>>>>lies.
    If you could understand the word balance you would fall over and break >>>>>your
    nose.

    From that article:
    "Instead, he stated the obvious: that if the Government borrows up big >>>>to spend on the cyclone recovery it will pump new cash into the >>>>economy.

    That, in turn, will make his job harder.

    Ergo, too much borrowing could mean more interest rate hikes and
    higher repayments on household mortgages and business loans.

    He diplomatically suggested if the government were minded to do some >>>>reprioritisation of spending (in other words, to make cuts to >>>>redistribute funds to cyclone relief) or jack up taxes to help pay for >>>>it, that would make his life easier. "

    or from this article: >>>>https://www.stuff.co.nz/national/politics/131304505/tax-or-borrow-labour-and-national-clash-over-cyclone-recovery?rm=a&cx_rm-ctrl=true

    "Robertson, who is also the first Cyclone Recovery Minister, faced >>>>questions at select committee and in the House from opposition MPs >>>>about how the Government will pay for the crisis which has caused >>>>serious damage to housing, productive land, businesses and >>>>infrastructure. However, he said no decisions had been made.

    There are people whose homes, whose businesses have been completely >>>>devastated. We owe it to them to consider carefully both how much this >>>>is going to cost and how we pay for it, he said.

    Labour promised it wouldnt bring any new taxes in 2020. But Robertson >>>>said he wouldnt play political games and do rule in, rule out."

    and later:

    "National leader Christopher Luxon said his party would still give >>>>people a tax cut through adjusting the tax thresholds to account for >>>>inflation, and would borrow to pay for the flood recovery work."



    Here is another report that may make it clearer for you:
    https://www.politik.co.nz/orr-raise-taxes-or-i-will-raise-interest-rates/ >>>>
    from which:
    "Reserve Bank Governor Adrian Orr could not have been more clear.

    If the Government includes raising taxes in its plans to pay for the >>>>Cyclone Gabrielle rebuild, then that will take pressure off him to >>>>raise interest rates.

    Twice in his Monetary Policy press conference yesterday, he carefully >>>>stated that position.

    Reprioritisation of current spending and revenue arising through
    other alternatives makes the job of monetary policy easier because
    its redirecting current income rather than creating new cash in the >>>>economy, he said.

    And then: If they (the Government) chose the reprioritisation and
    tax increases, then that does mean less increase in aggregate demand; >>>>less monetary policy pressure.

    Orrs comments came after National Leader Christopher Luxon, Finance >>>>spokesperson Nicola Willis and ACT Leader, David Seymour, had all
    piled on to Prime Minister Chris Hipkins and Finance Minister
    Robertson during this years first Question Time in Parliament, >>>>claiming that Labour intended to raise taxes.

    Robertson, presumably unaware of what Orr was about to say at the
    press conference, did not put the possibility that not raising taxes >>>>could lead to higher interest rates to Parliament. Instead, he
    insisted the Government had yet to make any decisions. However, what >>>>responsible Governments do in this situation is assess options, he >>>>said.

    ______________

    Most of us have two eyes, Tony - it appears you have lost perspective >>>>and gone down a rabbit hole . .
    You cherry pick and lie like lizard you are.
    Here are the quotes that support my post.
    I have two eyes and you have none.
    "He diplomatically suggested if the government were minded to do some >>>reprioritisation of spending (in other words, to make cuts to redistribute >>>funds to cyclone relief) or jack up taxes to help pay for it, that would >>>make
    his life easier.
    That presents significant challenges for both of the major political >>>parties,
    because Orrs point is that more government borrowing and spending simply >>>works
    against getting inflation under control."
    and
    "For the politics of the moment, this will sharpen the difference between >>>Labour and National. If Labour is to heed the governors advice it will >>>either
    have to cut spending or raise taxes, and Finance Minister Grant Robertson >>>has
    so far refused to rule out any tax hikes."
    and
    "In other words, both major parties may now be forced into something they >>>don't
    really wish to do.
    In an election year Labour probably doesn't really want to raise taxes >>>(although it may calculate some upside in a limited cyclone-related hike), >>>and
    National doesnt really want to show how it would pay for the cyclone or >>>where
    it would make any cuts.
    The centre-right party is convinced there is plenty of fat and poor quality >>>spending in Government and there clearly is but actually identifying >>>cuts
    creates losers and people could campaign against you."
    All of which supports what I wrote. Shove your lies and cherrypicking, >>>one-eyed
    marxist garbage where it belongs.
    It was a criticism of the government and the opposition you retarded little >>>turd.

    Somewhwere in that last few paragraphs you stopped quoting and
    inserted your own views; Orr did not say that there was plenty of fat
    and poor quality spending - that is your lie . . .
    You stupid man. I did not say that Orr said that.
    That quote came from the article that YOU POSTED you cretin. And it is in >quotes so that even you could work out that it was a bloody quote.
    Piss off you under educated earthworm.
    As anticipated - no response from rich80105. He either deliberately attacked me by lying aboiut what was posted or he made a mistake and has no integrity.
    In the former case - business as usual for him and in the latter I wonder what his first language really is. It isn't English that's for sure.
    He posted the article that my quotes were from - he is a low life.

    --
    This email has been checked for viruses by Avast antivirus software. www.avast.com

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From John Bowes@21:1/5 to Tony on Fri Feb 24 15:28:19 2023
    On Saturday, February 25, 2023 at 7:56:31 AM UTC+13, Tony wrote:
    Tony <lizan...@orcon.net.nz> wrote:
    Rich80105 <Rich...@hotmail.com> wrote:
    On Thu, 23 Feb 2023 03:09:43 -0000 (UTC), Tony
    <lizan...@orcon.net.nz> wrote:

    Rich80105 <Rich...@hotmail.com> wrote:
    On Thu, 23 Feb 2023 01:43:09 -0000 (UTC), Tony >>>><lizan...@orcon.net.nz> wrote:

    Rich80105 <Rich...@hotmail.com> wrote: >>>>>>https://www.stuff.co.nz/national/politics/131308473/adrian-orr-gives-the-political-class-a-wakeup-call-on-borrowandspend

    Which is shorthand for saying that Luxon and National are getting it >>>>>>wrong, and Labour need to follow through on their plans to cut other >>>>>>spending to meet the needs of the communities hit by floods.

    Nothing new there then . . .
    What bullshit - can you even read?
    What it is saying is that either the government or the opposition have got
    it
    worng or even that both have.
    What a jerk you are to think that you can fool people with such childish
    lies.
    If you could understand the word balance you would fall over and break >>>>>your
    nose.

    From that article:
    "Instead, he stated the obvious: that if the Government borrows up big >>>>to spend on the cyclone recovery it will pump new cash into the >>>>economy.

    That, in turn, will make his job harder.

    Ergo, too much borrowing could mean more interest rate hikes and >>>>higher repayments on household mortgages and business loans.

    He diplomatically suggested if the government were minded to do some >>>>“reprioritisation” of spending (in other words, to make cuts to >>>>redistribute funds to cyclone relief) or jack up taxes to help pay for >>>>it, that would make his life easier. "

    or from this article: >>>>https://www.stuff.co.nz/national/politics/131304505/tax-or-borrow-labour-and-national-clash-over-cyclone-recovery?rm=a&cx_rm-ctrl=true

    "Robertson, who is also the first Cyclone Recovery Minister, faced >>>>questions at select committee and in the House from opposition MPs >>>>about how the Government will pay for the crisis which has caused >>>>serious damage to housing, productive land, businesses and >>>>infrastructure. However, he said no decisions had been made.

    “There are people whose homes, whose businesses have been completely >>>>devastated. We owe it to them to consider carefully both how much this >>>>is going to cost and how we pay for it,” he said.

    Labour promised it wouldn’t bring any new taxes in 2020. But Robertson >>>>said he wouldn’t play “political games and do rule in, rule out”." >>>>
    and later:

    "National leader Christopher Luxon said his party would still give >>>>people a tax cut through adjusting the tax thresholds to account for >>>>inflation, and would borrow to pay for the flood recovery work."



    Here is another report that may make it clearer for you:
    https://www.politik.co.nz/orr-raise-taxes-or-i-will-raise-interest-rates/

    from which:
    "Reserve Bank Governor Adrian Orr could not have been more clear.

    If the Government includes raising taxes in its plans to pay for the >>>>Cyclone Gabrielle rebuild, then that will take pressure off him to >>>>raise interest rates.

    Twice in his Monetary Policy press conference yesterday, he carefully >>>>stated that position.

    “Reprioritisation of current spending and revenue arising through >>>>other alternatives makes the job of monetary policy easier because >>>>it’s redirecting current income rather than creating new cash in the >>>>economy,” he said.

    And then: “If they (the Government) chose the reprioritisation and >>>>tax increases, then that does mean less increase in aggregate demand; >>>>less monetary policy pressure.”

    Orr’s comments came after National Leader Christopher Luxon, Finance >>>>spokesperson Nicola Willis and ACT Leader, David Seymour, had all >>>>piled on to Prime Minister Chris Hipkins and Finance Minister >>>>Robertson during this year’s first Question Time in Parliament, >>>>claiming that Labour intended to raise taxes.

    Robertson, presumably unaware of what Orr was about to say at the >>>>press conference, did not put the possibility that not raising taxes >>>>could lead to higher interest rates to Parliament. Instead, he >>>>insisted the Government had yet to make any decisions. “However, what >>>>responsible Governments do in this situation is assess options,’ he >>>>said.

    ______________

    Most of us have two eyes, Tony - it appears you have lost perspective >>>>and gone down a rabbit hole . .
    You cherry pick and lie like lizard you are.
    Here are the quotes that support my post.
    I have two eyes and you have none.
    "He diplomatically suggested if the government were minded to do some >>>“reprioritisation” of spending (in other words, to make cuts to redistribute
    funds to cyclone relief) or jack up taxes to help pay for it, that would >>>make
    his life easier.
    That presents significant challenges for both of the major political >>>parties,
    because Orr’s point is that more government borrowing and spending simply
    works
    against getting inflation under control."
    and
    "For the politics of the moment, this will sharpen the difference between >>>Labour and National. If Labour is to heed the governor’s advice it will >>>either
    have to cut spending or raise taxes, and Finance Minister Grant Robertson >>>has
    so far refused to rule out any tax hikes."
    and
    "In other words, both major parties may now be forced into something they >>>don't
    really wish to do.
    In an election year Labour probably doesn't really want to raise taxes >>>(although it may calculate some upside in a limited cyclone-related hike),
    and
    National doesn’t really want to show how it would pay for the cyclone or
    where
    it would make any cuts.
    The centre-right party is convinced there is plenty of fat and poor quality
    spending in Government – and there clearly is – but actually identifying
    cuts
    creates losers and people could campaign against you."
    All of which supports what I wrote. Shove your lies and cherrypicking, >>>one-eyed
    marxist garbage where it belongs.
    It was a criticism of the government and the opposition you retarded little
    turd.

    Somewhwere in that last few paragraphs you stopped quoting and
    inserted your own views; Orr did not say that there was plenty of fat >>and poor quality spending - that is your lie . . .
    You stupid man. I did not say that Orr said that.
    That quote came from the article that YOU POSTED you cretin. And it is in >quotes so that even you could work out that it was a bloody quote.
    Piss off you under educated earthworm.
    As anticipated - no response from rich80105. He either deliberately attacked me
    by lying aboiut what was posted or he made a mistake and has no integrity. In the former case - business as usual for him and in the latter I wonder what
    his first language really is. It isn't English that's for sure.
    He posted the article that my quotes were from - he is a low life.

    --
    This email has been checked for viruses by Avast antivirus software. www.avast.com
    He's just a member of the woke left wing river of filth and like so many of his(?) kind he's to imbecilic to understand that fact!

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Tony@21:1/5 to Tony on Sat Feb 25 04:28:54 2023
    John Bowes <bowesjohn02@gmail.com> wrote:
    On Saturday, February 25, 2023 at 7:56:31 AM UTC+13, Tony wrote:
    Tony <lizan...@orcon.net.nz> wrote:
    Rich80105 <Rich...@hotmail.com> wrote:
    On Thu, 23 Feb 2023 03:09:43 -0000 (UTC), Tony
    <lizan...@orcon.net.nz> wrote:

    Rich80105 <Rich...@hotmail.com> wrote:
    On Thu, 23 Feb 2023 01:43:09 -0000 (UTC), Tony
    <lizan...@orcon.net.nz> wrote:

    Rich80105 <Rich...@hotmail.com> wrote:

    https://www.stuff.co.nz/national/politics/131308473/adrian-orr-gives-the-political-class-a-wakeup-call-on-borrowandspend

    Which is shorthand for saying that Luxon and National are getting it >> >>>>>>wrong, and Labour need to follow through on their plans to cut other >> >>>>>>spending to meet the needs of the communities hit by floods.

    Nothing new there then . . .
    What bullshit - can you even read?
    What it is saying is that either the government or the opposition have >> >>>>>got
    it
    worng or even that both have.
    What a jerk you are to think that you can fool people with such
    childish
    lies.
    If you could understand the word balance you would fall over and break >> >>>>>your
    nose.

    From that article:
    "Instead, he stated the obvious: that if the Government borrows up big >> >>>>to spend on the cyclone recovery it will pump new cash into the
    economy.

    That, in turn, will make his job harder.

    Ergo, too much borrowing could mean more interest rate hikes and
    higher repayments on household mortgages and business loans.

    He diplomatically suggested if the government were minded to do some
    “reprioritisation” of spending (in other words, to make cuts to
    redistribute funds to cyclone relief) or jack up taxes to help pay for >> >>>>it, that would make his life easier. "

    or from this article:

    https://www.stuff.co.nz/national/politics/131304505/tax-or-borrow-labour-and-national-clash-over-cyclone-recovery?rm=a&cx_rm-ctrl=true

    "Robertson, who is also the first Cyclone Recovery Minister, faced
    questions at select committee and in the House from opposition MPs
    about how the Government will pay for the crisis which has caused
    serious damage to housing, productive land, businesses and
    infrastructure. However, he said no decisions had been made.

    “There are people whose homes, whose businesses have been completely >> >>>>devastated. We owe it to them to consider carefully both how much this >> >>>>is going to cost and how we pay for it,” he said.

    Labour promised it wouldn’t bring any new taxes in 2020. But Robertson >> >>>>said he wouldn’t play “political games and do rule in, rule out”." >> >>>>
    and later:

    "National leader Christopher Luxon said his party would still give
    people a tax cut through adjusting the tax thresholds to account for
    inflation, and would borrow to pay for the flood recovery work."



    Here is another report that may make it clearer for you:


    https://www.politik.co.nz/orr-raise-taxes-or-i-will-raise-interest-rates/

    from which:
    "Reserve Bank Governor Adrian Orr could not have been more clear.

    If the Government includes raising taxes in its plans to pay for the
    Cyclone Gabrielle rebuild, then that will take pressure off him to
    raise interest rates.

    Twice in his Monetary Policy press conference yesterday, he carefully
    stated that position.

    “Reprioritisation of current spending and revenue arising through
    other alternatives makes the job of monetary policy easier because
    it’s redirecting current income rather than creating new cash in the >> >>>>economy,” he said.

    And then: “If they (the Government) chose the reprioritisation and
    tax increases, then that does mean less increase in aggregate demand;
    less monetary policy pressure.”

    Orr’s comments came after National Leader Christopher Luxon, Finance >> >>>>spokesperson Nicola Willis and ACT Leader, David Seymour, had all
    piled on to Prime Minister Chris Hipkins and Finance Minister
    Robertson during this year’s first Question Time in Parliament,
    claiming that Labour intended to raise taxes.

    Robertson, presumably unaware of what Orr was about to say at the
    press conference, did not put the possibility that not raising taxes
    could lead to higher interest rates to Parliament. Instead, he
    insisted the Government had yet to make any decisions. “However, what >> >>>>responsible Governments do in this situation is assess options,’ he
    said.

    ______________

    Most of us have two eyes, Tony - it appears you have lost perspective
    and gone down a rabbit hole . .
    You cherry pick and lie like lizard you are.
    Here are the quotes that support my post.
    I have two eyes and you have none.
    "He diplomatically suggested if the government were minded to do some
    “reprioritisation” of spending (in other words, to make cuts to
    redistribute
    funds to cyclone relief) or jack up taxes to help pay for it, that would >> >>>make
    his life easier.
    That presents significant challenges for both of the major political
    parties,
    because Orr’s point is that more government borrowing and spending
    simply
    works
    against getting inflation under control."
    and
    "For the politics of the moment, this will sharpen the difference between >> >>>Labour and National. If Labour is to heed the governor’s advice it will >> >>>either
    have to cut spending or raise taxes, and Finance Minister Grant Robertson >> >>>has
    so far refused to rule out any tax hikes."
    and
    "In other words, both major parties may now be forced into something they >> >>>don't
    really wish to do.
    In an election year Labour probably doesn't really want to raise taxes
    (although it may calculate some upside in a limited cyclone-related
    hike),
    and
    National doesn’t really want to show how it would pay for the cyclone >> >>>or
    where
    it would make any cuts.
    The centre-right party is convinced there is plenty of fat and poor
    quality
    spending in Government – and there clearly is – but actually
    identifying
    cuts
    creates losers and people could campaign against you."
    All of which supports what I wrote. Shove your lies and cherrypicking,
    one-eyed
    marxist garbage where it belongs.
    It was a criticism of the government and the opposition you retarded
    little
    turd.

    Somewhwere in that last few paragraphs you stopped quoting and
    inserted your own views; Orr did not say that there was plenty of fat
    and poor quality spending - that is your lie . . .
    You stupid man. I did not say that Orr said that.
    That quote came from the article that YOU POSTED you cretin. And it is in >> >quotes so that even you could work out that it was a bloody quote.
    Piss off you under educated earthworm.
    As anticipated - no response from rich80105. He either deliberately attacked >>me
    by lying aboiut what was posted or he made a mistake and has no integrity. >> In the former case - business as usual for him and in the latter I wonder >>what
    his first language really is. It isn't English that's for sure.
    He posted the article that my quotes were from - he is a low life.

    --
    This email has been checked for viruses by Avast antivirus software.
    www.avast.com
    He's just a member of the woke left wing river of filth and like so many of >his(?) kind he's to imbecilic to understand that fact!
    He is a bloody coward - he stuffed up and is cowering under his rock with the other cockroaches.
    Not to worry the exterminaitors are finally on their way.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From John Bowes@21:1/5 to Tony on Fri Feb 24 21:02:30 2023
    On Saturday, February 25, 2023 at 5:28:57 PM UTC+13, Tony wrote:
    John Bowes <bowes...@gmail.com> wrote:
    On Saturday, February 25, 2023 at 7:56:31 AM UTC+13, Tony wrote:
    Tony <lizan...@orcon.net.nz> wrote:
    Rich80105 <Rich...@hotmail.com> wrote:
    On Thu, 23 Feb 2023 03:09:43 -0000 (UTC), Tony
    <lizan...@orcon.net.nz> wrote:

    Rich80105 <Rich...@hotmail.com> wrote:
    On Thu, 23 Feb 2023 01:43:09 -0000 (UTC), Tony
    <lizan...@orcon.net.nz> wrote:

    Rich80105 <Rich...@hotmail.com> wrote:

    https://www.stuff.co.nz/national/politics/131308473/adrian-orr-gives-the-political-class-a-wakeup-call-on-borrowandspend

    Which is shorthand for saying that Luxon and National are getting it
    wrong, and Labour need to follow through on their plans to cut other
    spending to meet the needs of the communities hit by floods.

    Nothing new there then . . .
    What bullshit - can you even read?
    What it is saying is that either the government or the opposition have
    got
    it
    worng or even that both have.
    What a jerk you are to think that you can fool people with such
    childish
    lies.
    If you could understand the word balance you would fall over and break
    your
    nose.

    From that article:
    "Instead, he stated the obvious: that if the Government borrows up big
    to spend on the cyclone recovery it will pump new cash into the
    economy.

    That, in turn, will make his job harder.

    Ergo, too much borrowing could mean more interest rate hikes and
    higher repayments on household mortgages and business loans.

    He diplomatically suggested if the government were minded to do some >> >>>>“reprioritisation” of spending (in other words, to make cuts to >> >>>>redistribute funds to cyclone relief) or jack up taxes to help pay for
    it, that would make his life easier. "

    or from this article:

    https://www.stuff.co.nz/national/politics/131304505/tax-or-borrow-labour-and-national-clash-over-cyclone-recovery?rm=a&cx_rm-ctrl=true

    "Robertson, who is also the first Cyclone Recovery Minister, faced
    questions at select committee and in the House from opposition MPs
    about how the Government will pay for the crisis which has caused
    serious damage to housing, productive land, businesses and
    infrastructure. However, he said no decisions had been made.

    “There are people whose homes, whose businesses have been completely
    devastated. We owe it to them to consider carefully both how much this
    is going to cost and how we pay for it,” he said.

    Labour promised it wouldn’t bring any new taxes in 2020. But Robertson
    said he wouldn’t play “political games and do rule in, rule out”."

    and later:

    "National leader Christopher Luxon said his party would still give
    people a tax cut through adjusting the tax thresholds to account for >> >>>>inflation, and would borrow to pay for the flood recovery work."



    Here is another report that may make it clearer for you:


    https://www.politik.co.nz/orr-raise-taxes-or-i-will-raise-interest-rates/

    from which:
    "Reserve Bank Governor Adrian Orr could not have been more clear.

    If the Government includes raising taxes in its plans to pay for the >> >>>>Cyclone Gabrielle rebuild, then that will take pressure off him to
    raise interest rates.

    Twice in his Monetary Policy press conference yesterday, he carefully >> >>>>stated that position.

    “Reprioritisation of current spending and revenue arising through >> >>>>other alternatives makes the job of monetary policy easier because
    it’s redirecting current income rather than creating new cash in the
    economy,” he said.

    And then: “If they (the Government) chose the reprioritisation and >> >>>>tax increases, then that does mean less increase in aggregate demand; >> >>>>less monetary policy pressure.”

    Orr’s comments came after National Leader Christopher Luxon, Finance
    spokesperson Nicola Willis and ACT Leader, David Seymour, had all
    piled on to Prime Minister Chris Hipkins and Finance Minister
    Robertson during this year’s first Question Time in Parliament,
    claiming that Labour intended to raise taxes.

    Robertson, presumably unaware of what Orr was about to say at the
    press conference, did not put the possibility that not raising taxes >> >>>>could lead to higher interest rates to Parliament. Instead, he
    insisted the Government had yet to make any decisions. “However, what
    responsible Governments do in this situation is assess options,’ he >> >>>>said.

    ______________

    Most of us have two eyes, Tony - it appears you have lost perspective >> >>>>and gone down a rabbit hole . .
    You cherry pick and lie like lizard you are.
    Here are the quotes that support my post.
    I have two eyes and you have none.
    "He diplomatically suggested if the government were minded to do some >> >>>“reprioritisation” of spending (in other words, to make cuts to
    redistribute
    funds to cyclone relief) or jack up taxes to help pay for it, that would
    make
    his life easier.
    That presents significant challenges for both of the major political >> >>>parties,
    because Orr’s point is that more government borrowing and spending >> >>>simply
    works
    against getting inflation under control."
    and
    "For the politics of the moment, this will sharpen the difference between
    Labour and National. If Labour is to heed the governor’s advice it will
    either
    have to cut spending or raise taxes, and Finance Minister Grant Robertson
    has
    so far refused to rule out any tax hikes."
    and
    "In other words, both major parties may now be forced into something they
    don't
    really wish to do.
    In an election year Labour probably doesn't really want to raise taxes >> >>>(although it may calculate some upside in a limited cyclone-related
    hike),
    and
    National doesn’t really want to show how it would pay for the cyclone
    or
    where
    it would make any cuts.
    The centre-right party is convinced there is plenty of fat and poor
    quality
    spending in Government – and there clearly is – but actually
    identifying
    cuts
    creates losers and people could campaign against you."
    All of which supports what I wrote. Shove your lies and cherrypicking, >> >>>one-eyed
    marxist garbage where it belongs.
    It was a criticism of the government and the opposition you retarded >> >>>little
    turd.

    Somewhwere in that last few paragraphs you stopped quoting and
    inserted your own views; Orr did not say that there was plenty of fat >> >>and poor quality spending - that is your lie . . .
    You stupid man. I did not say that Orr said that.
    That quote came from the article that YOU POSTED you cretin. And it is in
    quotes so that even you could work out that it was a bloody quote.
    Piss off you under educated earthworm.
    As anticipated - no response from rich80105. He either deliberately attacked
    me
    by lying aboiut what was posted or he made a mistake and has no integrity.
    In the former case - business as usual for him and in the latter I wonder >>what
    his first language really is. It isn't English that's for sure.
    He posted the article that my quotes were from - he is a low life.

    --
    This email has been checked for viruses by Avast antivirus software.
    www.avast.com
    He's just a member of the woke left wing river of filth and like so many of >his(?) kind he's to imbecilic to understand that fact!
    He is a bloody coward - he stuffed up and is cowering under his rock with the
    other cockroaches.
    Not to worry the exterminaitors are finally on their way.
    You'll have the poor wee soulless twit grizzling about threats soon Tony :)

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