On Sat, 17 Jun 2023 21:43:45 -0000 (UTC), TonyYour party political broadcast is noted but none of it refutes the article which clearly shows that we were not well led during the pandemic. There were serious mistakes and the level of autocracy was completely unnecessary.
<lizandtony@orcon.net.nz> wrote:
https://www.breitbart.com/economy/2023/06/15/new-zealand-enters-recession-after-years-of-lockdowns/
Not the great result that the MSM has been saying.
World events have certainly not been kind to our country over the last
few years - the Covid pandemic, a history of underinvestment in
housing, hospitals, education; inequality leading to high levels of
child poverty, and law wages leading to real poverty and unequal >opportunities for young people. The previous government had neglected
state highway maintenance in favour of glamour motorways (all of which
had delays through quality issues), and neglected development other
transport (rail and coastal shipping).
More recently, we have had storms and flooding that have required high
short term spending on remedial work - with the prospect of further
extreme weather events ahead.
Our Covid response was excellent - or total losses were only about 615
people more than would have been expected based on previous mortality
rates (including winter flu etc). By comparison, had we had the same >experience as the USA we could have lost 20,300 people, if the same
as the UK we would have lost 17,600; if the same as Australia we
would have lost 5,800 . Most of those ''excess deaths"" have only
occurred this year when we have dropped most precautions.
(for the data behind these ""excess deaths), see >https://ourworldindata.org/grapher/excess-deaths-cumulative-per-100k-economist?tab=chart&country=USA~AUS~NZL~GBR
- I have based our numbers on a population of 5.1 million.
In addition our government enabled most companies to continue to pay
staff - through wage subsidies - even the "NZ Taxpayer Union" was
supported - that mean that unemployment remained very low; consumer
demand was not stopped, and profits were only marginally affected -
but the continued level of profits, and hence tax on wages and company >profits, were not enough to pay for those subsidies. Nevertheless, our
level of government debt as a percentage of GPD remains very low
compared with most countries, but with further storms ahead, it is
just good financial management to ensure that we enable our country to >finance the effects of current climate change events, while also
preparing for future extreme weather events.
The level of our technical recession is very low - probably within the
margin of error for calculating GDP, and much better than many other >countries, but we will come through this, probably more quickly than
many expect.
To support that view, see: >https://www.nzherald.co.nz/business/liam-dann-harden-up-new-zealand-this-was-the-recession-we-needed-to-have/4XY6IKBFV5GHXKPIKKBIOMEIRY/
https://www.breitbart.com/economy/2023/06/15/new-zealand-enters-recession-after-years-of-lockdowns/
Not the great result that the MSM has been saying.
On Sat, 17 Jun 2023 21:43:45 -0000 (UTC), Tony
<lizan...@orcon.net.nz> wrote:
https://www.breitbart.com/economy/2023/06/15/new-zealand-enters-recession-after-years-of-lockdowns/World events have certainly not been kind to our country over the last
Not the great result that the MSM has been saying.
few years - the Covid pandemic, a history of underinvestment in
housing, hospitals, education; inequality leading to high levels of
child poverty, and law wages leading to real poverty and unequal opportunities for young people. The previous government had neglected
state highway maintenance in favour of glamour motorways (all of which
had delays through quality issues), and neglected development other transport (rail and coastal shipping).
More recently, we have had storms and flooding that have required high
short term spending on remedial work - with the prospect of further
extreme weather events ahead.
Our Covid response was excellent - or total losses were only about 615 people more than would have been expected based on previous mortality
rates (including winter flu etc). By comparison, had we had the same experience as the USA we could have lost 20,300 people, if the same
as the UK we would have lost 17,600; if the same as Australia we
would have lost 5,800 . Most of those ''excess deaths"" have only
occurred this year when we have dropped most precautions.
(for the data behind these ""excess deaths), see https://ourworldindata.org/grapher/excess-deaths-cumulative-per-100k-economist?tab=chart&country=USA~AUS~NZL~GBR
- I have based our numbers on a population of 5.1 million.
In addition our government enabled most companies to continue to pay
staff - through wage subsidies - even the "NZ Taxpayer Union" was
supported - that mean that unemployment remained very low; consumer
demand was not stopped, and profits were only marginally affected -
but the continued level of profits, and hence tax on wages and company profits, were not enough to pay for those subsidies. Nevertheless, our
level of government debt as a percentage of GPD remains very low
compared with most countries, but with further storms ahead, it is
just good financial management to ensure that we enable our country to finance the effects of current climate change events, while also
preparing for future extreme weather events.
The level of our technical recession is very low - probably within the margin of error for calculating GDP, and much better than many other countries, but we will come through this, probably more quickly than
many expect.
To support that view, see: https://www.nzherald.co.nz/business/liam-dann-harden-up-new-zealand-this-was-the-recession-we-needed-to-have/4XY6IKBFV5GHXKPIKKBIOMEIRY/
On Sat, 17 Jun 2023 21:43:45 -0000 (UTC), Tony
<lizandtony@orcon.net.nz> wrote:
https://www.breitbart.com/economy/2023/06/15/new-zealand-enters-recession-after-years-of-lockdowns/
Not the great result that the MSM has been saying.
World events have certainly not been kind to our country over the last
few years - the Covid pandemic,
a history of underinvestment in
housing, hospitals, education;
inequality leading to high levels of
child poverty, and law wages leading to real poverty and unequal opportunities for young people.
The previous government had neglected
state highway maintenance in favour of glamour motorways (all of which
had delays through quality issues), and neglected development other
transport (rail and coastal shipping).
More recently, we have had storms and flooding that have required high
short term spending on remedial work - with the prospect of further
extreme weather events ahead.
Our Covid response was excellent - or total losses were only about 615
people more than would have been expected based on previous mortality
rates (including winter flu etc). By comparison, had we had the same experience as the USA we could have lost 20,300 people, if the same
as the UK we would have lost 17,600; if the same as Australia we
would have lost 5,800 . Most of those ''excess deaths"" have only
occurred this year when we have dropped most precautions.
(for the data behind these ""excess deaths), see https://ourworldindata.org/grapher/excess-deaths-cumulative-per-100k-economist?tab=chart&country=USA~AUS~NZL~GBR
- I have based our numbers on a population of 5.1 million.
In addition our government enabled most companies to continue to pay
staff - through wage subsidies - even the "NZ Taxpayer Union" was
supported - that mean that unemployment remained very low; consumer
demand was not stopped, and profits were only marginally affected -
but the continued level of profits, and hence tax on wages and company profits, were not enough to pay for those subsidies.
Nevertheless, our
level of government debt as a percentage of GPD remains very low
compared with most countries, but with further storms ahead, it is
just good financial management to ensure that we enable our country to finance the effects of current climate change events, while also
preparing for future extreme weather events.
The level of our technical recession is very low - probably within the
margin of error for calculating GDP,
and much better than many other
countries, but we will come through this, probably more quickly than
many expect.
To support that view, see: https://www.nzherald.co.nz/business/liam-dann-harden-up-new-zealand-this-was-the-recession-we-needed-to-have/4XY6IKBFV5GHXKPIKKBIOMEIRY/
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