The point that Jacinda and her Government of Losers appear to be missing is that to raise the cost of fuel is effectively, to raise the cost of everything.
National had it right when they ran with the mantra ‘Improve the economy and the people will benefit’…
The problem with this, and likely the reason Labour couldn’t comprehend it, is because it’s not a ‘quick fix’ like our governing party of losers seem to favour; building a stable economy takes time.
…This principle makes so much sense it ought to be a millionaire; the idea is to boost New Zealand’s economy by, for example, improving the cash-flow of our big exporters so that the money they make can then trickle down through small businesses enabling them to pay their staff better wages meaning they have more money for their families which would put an end to child poverty also probably a lot of the domestic violence we see about at the moment and hey, everybody’s happy – but certainly not the way it’s currently being done where the idiot Government simply demands that employers pay their staff more; what if the businesses can’t afford to pay more, what if they’re struggling themselves? Forcing a small business to pay its staff higher wages can easily be the end of that small business; then what? The alternative, the businesses lay off employees until they can afford to pay their staff more then we’re even worse off than before because while existing employees might now be earning a better wage, taking into account those redundant employees and the failed business owners from before, now unemployment has gone up steeply.
If unemployment goes up we have more people on unemployment benefits, which the Government pays anyway and (although one could argue in that case they’ve shot themselves in the foot) with so many people no longer contributing, the country’s economy will begin to slip; if we’re not careful it will fall right back to where it was before National took charge in 2008 and fixed it – back to the way Aunty Helen left it before she happily handed over the reins of a broken sulky to Uncle John and he had to bring us back on course from, basically, national bankruptcy – then the Global Financial Crisis hit so Uncle John and National had to steer us clear of that calamity as well.
Possibly the worst thing to come from higher fuel prices thus higher commodity prices thus less expendable cash for families thus renewed demand for higher wages thus increased minimum wage thus increase in unemployment thus loss in overall production thus less national income thus falling value of the New Zealand dollar, is increased inflation.
Inflation is a tricky one; it’s always going to increase, the goal is to ensure it increases as little as possible because ultimately, inflation is the value of money.
When a country is doing well, for instance when competent governance ensures a nation’s economy is healthy, inflation remains low; when a country begins to slip, for instance if poor governance means a country is spending more than it can afford (Helen Clark led Labour Government), inflation will rise sharply.
When this happens interest rates tend to rise also; I feel as though New Zealand’s homeowners will be pleased with the way National left New Zealand’s interest rates but, you can be damn sure that with Jacinda’s coalition of losers at the helm and with a Finance Minister who struggles to do basic sums also a Deputy PM who seems hell-bent on all things outrageous, they’ll be back up soon enough.
Roads need to be built and maintained therefore money needs to be spent, yet the Government’s exorbitant tax on fuel, as outlined above (and if I can see it where the hell are they looking?), is not a prudent way to go about sourcing that funding.
Worrying as it sounds, it’s as though New Zealand’s Government doesn’t understand how money works anymore; does our Labour led Government not understand that the economy is a fragile beast?
Article by Tim Walker
Edited by Acon Nomie
Photography by Esther Unsar