Utopia, you are standing in it!

It was a simple question about housing and Point of Order listened closely to Housing Minister Megan Woods’ response.

Alas, we are none the wiser on one part of the question, about advice on how long it will take to get the waiting list down to around 5844. But – if we have done our sums correctly – we can tell readers there has been a hefty increase in the numbers of people on the state housing waiting list over the past five years.

We took a crack at working this out after Parliamentary questions were put by National MP Chris Bishop to the Associate Minister of Housing (Public Housing), who presumably was not in Parliament at the time.  Megan Woods did the answering.

Bishop asked:

“How many people are on the State housing waitlist now compared to September 2017, and has she received advice on when that number will…

A week is a long time in politics, so said Harold Wilson.

One week ago the police were saying they were sufficiently resourced and in control.

One week ago the Police Minister Potato Williams, was, on her own assessment, on top of her game.

One week ago New Zealand was a nation at peace with crime under good management of Commissione Coster so any talk of Labour Being “soft on Crime” only mere baseless denigration by misogynistic dog whistling of males unable to accept a “Female Minister”

Forward seven days and suddenly there is a need for an additional six hundred million dollars to be spent over four years?

The Government will spend an extra $562m on police over the next four years – promising to keep a ratio of one cop for every 480 people.
It comes as ramraids have gained significant national media attention, despite an overall drop…

As I’ve written before, our fight to restrain the size and scope of government will be severely hamstrung – perhaps even mortally wounded – if the crowd in Washington ever succeeds in getting a value-added tax as a new source of revenue.

This is why many statists are pushing so hard for the VAT. It’s a money machine for big government.

But what makes this battle especially frustrating is that there are some otherwise sensible people who are on the wrong side of the issue. I was stunned, for instance, when Rand Paul and Ted Cruz included VATs as part of their presidential tax plans.

And I’ve been less surprised, but still disappointed, to find support for a VAT from people such as Tom Dolan, Greg Mankiw, and Paul Ryan, as well as Kevin Williamson, Josh Barro, and Andrew Stuttaford. And I wrote…

As part of my (reality-based) opposition to a value-added tax, I testified to the Ways & Means Committee back in 2011.

My primary argument against the VAT is that it would enable a bigger burden of government spending.

I frequently share this chart, for instance, that shows that the nations in Western Europe were quite similar to the United States back in the 1960s, with government budgets that consumed about 30 percent of economic output.

That was before they enacted VATs.

But once European politicians got that new source of revenue, the spending burden diverged, with the welfare state becoming a much larger burden in Western Europe than in the United States.

In other words, the VAT was a money machine for big government.

That argument is just as accurate today as it was back in 2011.

For today’s column, however, I want to…

So-called green groups that help cover up the wind industry’s rampant slaughter of birds and bats are just as guilty as those who directly profit from the carnage.

A fair proportion of their practised acquiescence is explained by bags of cash – aka helpful “donations” from outfits such as NextEra to the likes of the Sierra Club. But not all. Running silent is one thing, running interference is something altogether more sinister.

Robert Bryce lists the lid on a particularly toxic brand of virtue signalling hypocrisy.

America’s Biggest ‘Green’ Groups Love Wind Turbines, Not Eagles
Real Clear Energy
Robert Bryce
20 April 2022

I’m old enough to remember when environmentalists cared about protecting our birds, bats, and whales. Alas, concern about protecting our wildlife has been lost amid the headlong rush to cover the countryside with oceans of solar panels and forests of wind turbines in the hope that they…

There are many reasons to admireSwitzerland.

• The nation’s very effectivespending cap.
• The nation’s libertarian-leaninggovernance.
• The nation’s system of private pensions.
• The nation’s genuine decentralization.
• The nation’s support for gun rights.
• The nation’s high public sector efficiency.

For today, let’s focus on how tax competition is one of the benefits of Swiss decentralization.

More specifically, most fiscal policy (both taxes and spending) takes place at the cantonal and municipal level. And this means that the Swiss can vote with their feet if they want more government or less government.

Not surprisingly, they tend to move to lower-tax areas. In a summary for VoxEU, Isabel Martínez shares some of her research on the impact of tax cuts and tax competition in the canton of Obwalden.

…economic research has made important contributions, showing that top earners indeed relocate across borders for…

The latest CPI inflation report didn’t have a huge surprise in the headline number, with 8.3% being very similar to last month. But with the two most recent months of data, we can now see something very unfortunate in the data: cumulative inflation during the pandemic as measured by the CPI-U (11.6%) has now almost matched average wage growth (12.0%), as measured by the average wage for all private workers. I start in January 2020 for the pre-pandemic baseline.

What this means is that inflation-adjusted wages in the US are no greater than they were before the pandemic. They are almost identical to what they were in February 2020 (just 2 cents greater). But as regular readers will know, the CPI-U isn’t the only measure of inflation, and there’s good reason to believe it’s not the best. One alternative is the Personal Consumption Expenditures price index. Cumulative inflation…

Net-zero carbon dioxide gas emissions targets are designed to destroy the reliable and affordable power supplies that have brought prosperity to billions around the globe. Dressed up in marketing blurb, net-zero targets sound cheap, but with energy supplies there is no such thing as a free lunch. Plenty of household and businesses have already worked out that the great wind and solar scam brings with it rocketing power prices and routine power rationing.

But that is precisely what punitive mandated renewable energy targets and massive subsidies to wind and solar were designed to do.

On 21 May, Australians will line up to vote for candidates who might form a Federal government later this month. However, what’s on offer is like choosing between swallowing a string of razorblades and jumping into a pool filled with starving saltwater crocs.

Both main parties, the once conservative Liberals, and the once worker’s champion, Labor…

Intermittent wind and solar are a natural guarantee of grid chaos and rocketing power prices. every single country that’s chased the wind and solar pipe dream has watched their power prices go through the roof, with no exception.

Don’t say we didn’t warn you. STT has been banging on about this since December 2012. The graphic above from Dr Michael Crawford spells it out: add massively subsidised and chaotically intermittent wind and solar to your power grid and watch power prices spiral out of control.

As STT has pointed out a number of times, the gaming that’s the subject of the ACCC’s interest is a natural consequence of a very natural set of phenomena: wind and solar power output collapses, that occur whenever the sun sets and/or calm weather sets in:

Wind Power Output Collapses Send Power Prices into Orbit: The World’s Biggest Joke Just Got Serious

and

South Australia’s Unbridled…

By Paul Homewood

Extreme Weather during the Maunder Minimum (1645–1715 A.D.)

The region around the eastern Mediterranean (the Ottoman Empire) was severely affected by adverse climate during the Maunder Minimum.

Most areas suffered drought and plague in the 1640’s, the 1650’s and again in the 1670’s, while the winter of 1684 was the wettest recorded in the eastern Mediterranean during the past five centuries, and the winters of the later 1680’s were at least 3° C cooler than today.

In 1687 a chronicler in Istanbul, Turkey reported ‘This winter was severe to a degree that had not been seen in a very long time. For fifty days the roads were closed and people could not go outside. In cities and villages, the snow buried many houses. In the Golden Horn [major urban waterway and the primary inlet of the Bosphorus in Istanbul], the…

(Written on 2 May) Ouch! It looks increasingly likely that the headline measure of consumer price inflation is going to start with a ‘9’ in April (official data will be released on 18 May).

Most economists had expected a jump from 7pc in March to around 8.5pc. This assumed that the price increases we already know about – notably the 54pc hike in the Ofgem cap on domestic energy bills – would be at least partly offset by slower inflation elsewhere.

Unfortunately, this doesn’t appear to have happened. In particular, petrol and diesel prices have edged up further, despite the 5p cut in fuel duty, and food price inflation is continuing to rise. These pressures have been compounded by the geopolitical risks that Liam Halligan explained well in the Sunday Telegraph.

I have therefore upped my own forecast to 9pc for consumer price index (CPI) inflation in April, with the…