.@MaxRashbrooke wants to close Jetstar and give Telecom its monopoly back! Seriously; that is the test of whether he believes what he is saying

From https://www.newshub.co.nz/home/shows/2018/09/opinion-the-surprising-evidence-about-how-well-government-works.html

Does this mean Max always flys Air New Zealand and has his mobile phone contract with Telecom?

Everyone’s household income has gone up according to these impeccable left-wing sources despite the dead hand of neoliberalism; there was the return of real wages growth after 20 years stagnation after the passage of the Employments Contracts Act. After staying at $24 per hour for 20 years from 1975 in the good old days of union power and collective bargaining, average wages increased from $24 an hour to about $28 per hour by 2014 in one of the most deregulated labour markets in the world.

The increase in percentage terms of Maori and Pasifika real household income is much larger than for Pakeha since the economic reforms of the 1980s and 1990s. As Bryan Perry (2015, p. 67) explains when commenting on table D6 sourced by Closer Together Whakatata Mai:

From a longer-term perspective, all groups showed a strong rise from the low point in the mid 1990s through to 2010. In real terms, overall median household income rose 47% from 1994 to 2010: for Maori, the rise was even stronger at 68%, and for Pacific, 77%. These findings for longer- term trends are robust, even though some year on year changes may be less certain. For 2004 to 2010, the respective growth figures were 21%, 31% and 14%.

The classic in Australia is Kim Beazley in the 1998 federal election:

  • He was asked by a journalist that if the GST is a mistake, as he claimed, would he repeal the GST if he won office at some later time.
  • Beazley waffled about you can’t unscramble an egg and so on. He could not admit the truth.

If deregulation was a mistake, campaign for a reintroducing of the two-airline policy, the bank regulation that suppressed competition, high tariffs on cars, electrical goods and clothes, and media regulation that outlawed cable TV. Campaign for a repeal of the GST and for 66% tax rates again on the middle class! The Left must campaign for a buy back of the Commonwealth Bank, Qantas and Telecom. They will be a good buy. Public ownership is said by them to be as least as efficient as private ownership, and the cost of capital cost for state owned enterprises is allegedly less.

Advertisements

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.