Friday, October 14, 2016

The Real Cost of Bill's Surplus

The Government revealed a $1.8 billion surplus and hinted at possible tax cuts. The surplus is the product of increased income and limiting spending. Bill English explained how the surplus will "increase options" for the Government but the reality is that it has mostly been achieved by restricting options for too many and delaying important expenditure. Rather than saving money in a useful way the arbitrary limits on spending in crucial areas will result in increasing future costs and unnecessary suffering, the examples are numerous:
So Bill has delivered a budget surplus and future tax cuts are being held like a shining carrot in front of voters ahead of the 2017 elections. Any tax cuts will be paid for through reduced services and the increased suffering. According to Judith Collins the poor are to blame for their circumstances and the rich deserve their privileges (her candid thoughts reveal her government's lack of empathy for our struggling communities). 


David R said...

Sadly a summary that reaches a conclusion fallen so far short of, it would have to be considered totally facetious.
Really, when a government makes a promise, " for a brighter future", but which is led by a man known internationally as the "Smiling Assassin", and whose fortune comes from gambling on the the money market, and whose mantra is is "more for less", and whose knights include individuals condemned in court for exploitation, questioning leadership is not a challenge, but a matter of principle.

bsprout said...

David, I'm sure there are some who have enjoyed a "brighter future" under Key, but it certainly hasn't been an inclusive one. All the property investors and foreign trust owners have certainly achieved more wealth for less effort ;-)