Labour/Green budget rules make sense
The more the Green Party talks about economic policy the more it is perceived by some on the left as becoming mainstream and accepting neoliberal philosophies. Sue Bradford and the CTU have protested that the agreed fiscal constraints announced by Labour and the Greens are a sellout and that the growing inequality in New Zealand won't be addressed under the proposed Budget Responsibility Rules. Many on the left are feeling uncomfortable that the business community and David Farrar are praising the announcement. There is a widely held perception that National Governments constrain spending, and are therefore fiscally responsible, and Labour Governments spend large and accumulate debt. There is also another perception that to rectify the social inequalities in New Zealand, and address our environmental degradation, then fiscal restraints must be put to one side. Both perceptions display a good deal of economic ignorance. There are also some Green supporters who want to see