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454 days ago

Economics 101

Marie from Waikanae

The National party assures us that their proposed tax cuts are funded in a way that is not inflationary. But according to a number of economists, the income streams they are counting on to fund the tax cuts do not exist. National will have to cut core services.
Tax cuts are inherently inflationary. Once the tax cuts are realized, National has no control over how the money is spent. As the money supply increases, that is the amount of money in circulation, inflationary pressures arise. Not only do National not have the money to fund their proposed tax cuts, any gains to the taxpayer will be quickly given back by rising inflation. And cuts to core services may mean that things like access to health care are adversely affected. Whether the tax cuts are funded in a non-inflationary way or not is irrelevant. The real inflationary pressure occurs when the money is spent. National has no control over that.
Poor old Adrienne Orr must be tearing his hair out listening to Christopher Luxon and Nicola Willis. For all their right wing think tank expertise, they appear to have a scant understanding of monetary policy. As one former Secretary to the Treasury once commented to me;
"If only politicians understood the basics of Economics 101, we would be a lot better off". These tax cuts would not make the country better off.

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More messages from your neighbours
11 hours ago

Comment from Manager/Owner of Kapiti Rest - "I LOOK FORWARD TO SEEING HER NAME IN THE DEATH NOTICES"

Annette from Paraparaumu

PLEASE SHARE:
Comment from Manager/Owner of Kapiti Rest home say’s to the leaving residents daughter after she had packed her Mum’s items into her car to transfer her from their Rest Home Care to a facility that will provide for her Mums current needs - Dementia Care Level:

"I LOOK FORWARD TO SEEING HER NAME IN THE DEATH NOTICES"

How could a Manager / Owner say that to a daughter who is only making the best choice for her Mother.... as I AM HER VOICE 💜

Mum was diagnosied with dementia 2 years ago

1 day ago

Worst Xmas ever?

The Team from Neighbourly.co.nz

There's a a lot of planning that goes into Christmas day and sometimes things just don't go to plan. But it can be a good thing - a family mishap or hilarious memory that you can laugh about in Christmases to come.

Whether you burnt the dinner or were stranded at an airport...

Share your Christmas mishaps below!

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13 days ago

⚠️ DOGS DIE IN HOT CARS. If you love them, don't leave them. ⚠️

The Team from SPCA New Zealand

It's a message we share time and time again, and this year, we're calling on you to help us spread that message further.
Did you know that calls to SPCA about dogs left inside hot cars made up a whopping 11% of all welfare calls last summer? This is a completely preventable issue, and one which is causing hundreds of dogs (often loved pets) to suffer.
Here are some quick facts to share with the dog owners in your life:

👉 The temperature inside a car can heat to over 50°C in less than 15 minutes.
👉 Parking in the shade and cracking windows does little to help on a warm day. Dogs rely on panting to keep cool, which they can't do in a hot car.
👉 This puts dogs at a high risk of heatstroke - a serious condition for dogs, with a mortality rate between 39%-50%.
👉 It is an offence under the Animal Welfare Act to leave a dog in a hot vehicle if they are showing signs of heat stress. You can be fined, and prosecuted.
SPCA has created downloadable resources to help you spread the message even further. Posters, a flyer, and a social media tile can be downloaded from our website here: www.spca.nz...
We encourage you to use these - and ask your local businesses to display the posters if they can. Flyers can be kept in your car and handed out as needed.
This is a community problem, and one we cannot solve alone. Help us to prevent more tragedies this summer by sharing this post.
On behalf of the animals - thank you ❤️

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