*1. We used to have pre-election policy that was economic strategy to increase productivity and prosperity - what happened?
2. Today the political system disrespects the will of the people - there is no trust.
3. The ASX has not moved for the last 5 years!
4. The next crash will happen after June 30th - get your money out of high risk shares and into gold.
5. Analysts that count call it the 'flash crash'- I call it simply another step along the path of self destruction as we step down to third world status.
6. We cannot continue to use debt to fill the gap in our reducing production outputs.
7. The dependence on a totalitarian, dictatorship run by facists using a police state is a fantasy that will end in continued destruction of our way of life. China is for China. Do not take too long to face the reality!!!
8. The fundemental thinking must change for any rational economic strategy to emerge. There are answers but they cannot be found unless the problems are faced. Nick
*Do you believe New Zealand needs to develop a national economic strategy?
Every Government in N.Z. has a strategy or rather strategies BEFORE an election, and to be honest most political parties know that whatever their strategies are, they must convince the general public that they are primarily in the country’s interest.
Without sounding cynical these strategies after an election however, must conform to the political necessary of having enough Members of Parliament to be able to pass any election promises and/or strategies into law before the first term of Government expires.
This has become the golden rule, especially so under an M.M.P situation, whereby minorities actually control Government to such a degree that all strategies become adulterated and so washed out as to be unrecognisable. Thus they fail, not only in practice but also to the voters.
The merit of a National Strategy whereby all parties sit down and agree on a single course of action is only available in such dire emergencies such as a State of War. To expect all political parties to sit down together is in itself a dream; to expect them to formulate a National Economic Strategy is a nightmare.
Why? Answer we are a democracy, (or in reality half of one) a nation of differing fundamental views and opinions so diverse that only the gravest emergency will send our political masters to the table, and come to a collective agreement!
We must get the fundamentals correct, firstly where are the checks and balances of a second house in this equation?
How can public opinion such as the overwhelming vote against the “Smacking Bill” be ignored? How can one ethnic group be given, subsidize, supported and wet nursed into being awarded under such a flimsy demand as “customary rights”, to such a huge coast line overriding the rights of the majority of New Zealanders?
How can any Government whatever its political persuasion publically ignore and refuse to allow a free vote on any of the above measures, especially before we can expect to arrive at any national economic strategy?
What is a plain strategy is that we cannot continue our present standard of living by borrowing against the future; we must encourage and remove the obstacles which our huge bureaucracy has imposed upon business; coupled with the “Luddite” attitude to a further expansion of an export led industry and agricultural development.
The myth of a clean green New Zealand and its exports need to be brought into the practical world of reality. Does anyone really think that the primary cause against selling our exports is a view that some overseas buyer thinks we are messing up our environment!!
The only criteria is first and foremost is price, not the airy fairy world of an unpolluted “God’s Own”, and the “life saving” Carbon Tax which, it seems we are ahead of the world with. No doubt the major powers are hastening to equal our bizarre logic and ruin their economy as soon as possible. Brian
*We have to get rid of our cargo cult thinking. Forbes
*One does not have to go far to thing of ways to improve the economy 1.A flat tax 2. Youth wage rate 3. tax insentives for green field start ups 4, Redice government spending and so reduce taxes 5. Ask Roger Douglas. John
*Have a look at ISRAEL'S thriving economy. Tiny country, same population but Israelis have the education, skills and DRIVE to succeed that we should try to emulate. Refer http://www.cicweb.ca/scene/2011/04/israeli-professor-on-israels-thriving-high-tech-startup-economy/
*Absolutely they could start by taking off some of the rules and regulations that are strangling growth and those who want to get ahead. Clark
*NZ is going backwards due to a lack of direction. Carleon
*Where to start? Government - the Civil Service - is too big, too ready to defend vested interests. Government is too ready to legislate. Acts of parliament don't necessarily solve problems, thanks to the law of unintended consequences amongst other things. Government is too ready to absolve citizens of their responsibilities. The state - bureaucracy, both central & local - is too overweening, too intrusive, too controlling, to allow the needed progress & prosperity. Dave
*And it needs to be a strategy for all NZers not just the chosed few. Carol
*No mention about all the Maori welfare separatist payouts which would be an economic saving. Why would John Key want to develop an economic strategy because then we might be able to criticize him and expose his vagueness & disinterest in NZ's future. Monica
*Perhaps a good starting point would be a Finance Minister with aclear sense of direction and the balls to follow it. Ron