>the free market doesn't wor-
The free market doesn't wor-
Jacob Ramirez
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Dominic Lopez
…we sold off telecommunications, airlines, irrigation schemes, computing services, government printing offices, insurance companies, banks, securities, mortgages, railways, bus services, hotels, shipping lines, agricultural advisory services, etc. In the main, when we sold those things off, their productivity went up and the cost of their services went down, translating into major gains for the economy. Furthermore, we decided that other agencies should be run as profit-making and tax-paying enterprises by government. For instance, the air traffic control system was made into a stand-alone company, given instructions that it had to make an acceptable rate of return and pay taxes, and told that it couldn’t get any investment capital from its owner (the government). We did that with about 35 agencies. Together, these used to cost us about one billion dollars per year; now they produced about one billion dollars per year in revenues and taxes.
Jordan Miller
>the free market doesn't wo-
Adam Sanchez
Hows that Apartheid doing for you guys? Fixed the race-based electoral divisions yet?
Also am I still allowed to grow garlic and rub it on my neighbours smelly feet without going to jail for "illegally prescribing"? Oh wait, I can't even fucking grow a garlic! Gardening is illegal in NZ.
Isaiah Scott
what in the bloody fuck are you talking about m8 shit is fucked
Brayden Perez
>gardening is illegal in NZ
?
Owen Bennett
parliament.nz
Food cannot be grown or eaten without an agricultural permit. You cannot "gift" your unregulated produce either.
Jordan Bennett
or this short version which got deleted after too much press coverage.
Easton Smith
>what in the bloody fuck are you talking about m8 shit is fucked
Your country is doing much better than all other nations.
You and Switzerland are the ideal the rest of the world should look up to on economic policy.
High levels of economic freedom.
heritage.org/index/ranking
Jace Evans
or approved for eating*
you can eat it illegally and not break a law, the producer has broken the law.
illegal. fucking. carrots.
ALSO tell the yanks about your "Diesel engines need a daily log book" scam.
Hudson Wright
legislation.govt.nz
This is the entire bill -- as far as I can tell it's a bill which prevents people from growing food with the express purpose of selling it onward (say, at a roadside) without a license to do so (license required for oversight to ensure food safety standards are met). Point me to the section where it says I can't grow potatoes and give some to my neighbour.
Hunter Long
If they're economically free why do they pay taxes?
Nolan Diaz
>daily log book scam
m8 what on Earth are you talking about -- commercial drivers must keep a logbook to ensure that they receive a proper amount of rest (this is too prevent fatigued drivers -- one of the leading causes of fatal car accidents). The log books are also used to calculate the appropriate road user charges since diesel doesn't have an excise tax in NZ
Brody Torres
it's 480 pages of paheka-ese that you need to sort out yourself if you want to be above ignorant ridicule.
Asher Allen
>road user charges
hahahahahaha but you already paid registration! JOHN KEY DOUBLE TAP
Jack Cruz
Total lie. In debt massively, short term false economic results propped up by mass immigration with a huge burden on infrastructure and society crushing a shrinking middle class.
Owen Moore
>diesel does not have en excise tax
Petrol is taxed at the pump. Diesel is not -- this is why it is much cheaper than petrol. The user is instead taxed based on how much they drive and is worked in to their rego. It often works out cheaper.
sort yourself out m8 are you actually retarded or what
Mason Parker
They're the MOST economically free out of every other country.
They aren't fully economically free, no country is.
>Total lie.
Bullshit, you don't even know your own country.
>short term false economic results
Bullshit, the economic reforms lifted your country out of a massive crisis.
>propped up by mass immigration
Hey bud that's your own problem, nothing to do with economics.
Jayden Smith
Switzerland and New Zealand are the most economically free white countries on earth.
Why do you think they are so much better than anywhere else?
Free the fucking market.
Let's all be rich like New Zealand and Singapore.
Kill all socialists.
Lucas Bennett
The fuck are you smoking cunt public service are shit tier.
Wyatt Jones
>shit tier
>shifted a massive burden off the taxpayer and economy's back
>resulted in higher wages and better service
How is this shit tier?
Why don't you go live in Greece or Venezuela instead if you like socialism so much?
Noah Moore
>We lowered the high income tax rate from 66 to 33 percent, and set that flat rate for high-income earners. In addition, we brought the low end down from 38 to 19 percent, which became the flat rate for low-income earners. We then set a consumption tax rate of 10 percent and eliminated all other taxes – capital gains taxes, property taxes, etc. We carefully designed this system to produce exactly the same revenue as we were getting before and presented it to the public as a zero sum game. But what actually happened was that we received 20 percent more revenue than before. Why? We hadn’t allowed for the increase in voluntary compliance.
Adrian Perry
You stupid ancap nigger we have record crown debt and still have a low wage economy if you look at GDP Per Person we haven't moved one Iota. The only thing that has happened is things have stayed the same relative to the rest of the world, we have sold of state assets and have increased crown debt. I can do that if you make me Prime minister you can do that anyone can do that this is not a good economy.
Alexander Brooks
>have record crown debt
Still less than most countries on earth.
If you didn't have that debt you'd be much better off.
>GDP Per Person
ABSOLUTELY useless metric
GDP is bullshit
>still have a low wage economy
lel I heard you and Australia have high wages
Australia is very economically free too.
Josiah Reed
>>the free market doesn't wor-
we pay $5 for a bloc of butter
Eli Perez
>Let's all be rich like New Zealand
could you not lie NZ as poor as fuck
Adam Perry
I don't give a flying fuck about other countries, i live in NZ i have to deal with the problems in NZ this country was built on the back of government investment into infrastructure now they are selling it off to any chang fucking cunt from China and every piece of manufactured goods sold in this country is stamped with a fucking communist flag.
Aiden Barnes
if you actually watched the NZ/pol docos you would know that NZ was betrayed to the jews
NZ/pol/ Docos
Someone Else's Country
youtube.com
Muldoon - The Grim Face of Power
youtube.com
The New Zealand Wars
youtube.com
The Hollowmen(05 Election)
youtube.com
In a land Of Plenty
youtube.com
Revolution
youtube.com
Robert Butler
I'm glad ACT is finished now we have to deal with the Neo Libs in National.
Christopher Thompson
Selling off things to foreign government owned firms should be illegal in a free market.
It's basically fascism.
Gabriel Hall
New Zealand only recently became somewhat economically free.
Meanwhile Switzerland has been economically free for a very long time and that's why they are so fucking rich.
Also look at Ireland, used to be poor potato farmers, then they embraced free markets and thrived.
New Zealand needs more economic freedom, not less.
Wyatt Brooks
I have no idea how much 5$ is in your country.
Why don't you try abolishing your central bank so your economy can grow?
Parker Parker
>Immigration has nothing to do with economics
BRAINLET
Camden Williams
>Why don't you try abolishing your central bank so your economy can grow?
because the RBNZ is the only tool that can be used to keep inflation low
Juan Miller
It's okay i am certain there will be another economic collapse soon there is so much sovereign debt and the housing markets are inflated again maybe this one will wipe us all out.
Wyatt Adams
A country where everyone with any kind of money invests into housing because there is no capital gains tax when you sell it for a couple hundred thousand more next year to an overseas investor.. where the shocking state of the economy is disguised by the highest immigration in the western world. There's no reason to start a business when the limited housing is so profitable
Nz is a fantastic country but its going down the gutter so the rich can continue getting richer on pure speculation, it's no wonder half a million of them moved here
William Phillips
Immigration should be strongly limited anyway.
>because the RBNZ is the only tool that can be used to keep inflation low
AHAHAHAHA
This is what brainlets actually believe.
The RBNZ is responsible for inflation in the first place.
If you didn't have it, there would be massive deflation which is a good thing.
Economic collapses are cleansing, remember that.
Also economic collapses only happen because the government intervened in the economy and distorted shit.
Adrian Morris
the LVR is now 20% needed for a deposit which means in auckland you need a min of 200k deposit to buy a house. so now only the existing rich and the chinese can afford houses
James Rogers
>Nz is a fantastic country but its going down the gutter so the rich can continue getting richer on pure speculation
Jesus fucking christ kill yourself.
Why do you think all of these people are investing in housing.
Because the government literally prints money and gives it to these people who turn around and invest it directly into the housing market.
When interest rates were HIGH this bullshit didn't happen and prices were lower.
We need LESS government intervention, not more.
I swear to god you commies are so fucking brainwashed.
Aaron Campbell
>The RBNZ is responsible for inflation in the first place.
you really are just another stupid foreigner. Interest Rates get shot up every single time by the RBNZ to smack down inflation or do you not understand what basic economics is and the role of a central bank
Caleb Fisher
>the LVR is now 20% needed for a deposit which means in auckland you need a min of 200k deposit to buy a house. so now only the existing rich and the chinese can afford houses
Central banks caused this problem.
Houses used to be cheap and didn't appreciate in value.
Why are people so brainwashed by central banks?
Easton Ward
You'd be shocked at the variety of small businesses over here. All paying 35 per hour on the weekend
Adrian Mitchell
>Because the government literally prints money and gives it to these people
The RBNZ has never engaged in any QE and the housing market is driven by Chinese Demand both migration and investment
Joseph Rivera
>Interest Rates get shot up every single time by the RBNZ to smack down inflation
Good.
This is a good thing.
Them raising interest rates is the best thing that could happen to your economy.
Them EXISTING and doing what they do is why inflation exists.
They create inflation.
A natural free market with free banking has DEFLATION.
Deflation is good and grows the economy.
Jeremiah Adams
Its nothing. No one has been prosecuted. Youre probably salty cos we got guncity.com and we got them mad gunz
Luis Martin
China is causing massive problems with the worlds economy but there are too many greedy oligarchs in the western world who get rich off the current state of affairs and want to keep it that way. Trump was right to hammer China on trade and currency manipulation but the cucks in congress tied his hands.
Sebastian Brown
>The RBNZ has never engaged in any QE
It doesn't matter.
Low interest rates fuel housing bubbles.
Luke Wood
dude its gone down the fucking gutter, jobs are hard as fuck to come by if you arent in auckland,
and in auckland housing costs an arm and a leg because of all the immergrants the government lets in to keep us afloat
Jordan Jones
Most polacks from nz are unemployed weed smoking maoris.
Jose Price
ITS NOT THE FUCKING CENTRAL BANK YOU FUCKING YANKEE BASTARD. The LVR is a blunt tool used by the RBNZ to curve domestic demand in the housing market because the government won't act on stopping the migration which is the other source of demand because if they do then the economy crashes and we have no where near the housing supply coming on stream in auckland to lower prices for the foreseeable future
Charles Sanchez
Which government is printing the money invested into nz housing? Not the nz one. The PRC.
The only people with any real wealth in nz are those sitting on multi million dollar farms. And Chinese corporations are doing their best to relieve them of the land
William Jenkins
Read:
Asher Kelly
have you not paid attention its not low interest rates its the chinese migration which is fueling demand of 132,000 a year
stuff.co.nz
Brandon Lee
exactly its Chinese money fueling the housing
Jaxon Jackson
Our Housing market is collapsing now there are currency controls in place on Mainland China. National is so full of shit when they say it is not foreigners pushing up the price of housing i hate those lying cunts they just sell us out to foreign masters.
Chase Garcia
The real voting issue in nz is whether you stand to inherit a house or whether your family has fuck all. There will be many more degrees of separation in the next generations
Wyatt Sanchez
if in auckland you can easily inherit 1.5 milllion from a house
Julian Torres
I recognise your typing style and topic shilling from nz/pol/. Im glad uni economics classes are going well for you but you are not as smart as you think you are.
Lincoln Hall
1.5 million digits on a spreadsheet. A herd of 800 cows is worth 600 grand or so let alone the land
Chase Gonzalez
>tfw stand to inherit a house and several investment properties in auckland
>still can't afford to actually live in auckland atm
Thomas Moore
We do not have a free market.
>immigration has nothing to do with economics
Are you serious?
A bubble almost exclusive to Auckland? Is that the only place that interest rates are low?
Adam Hughes
SELL ME AN EMU
Colton Green
I wish mate, cunts fucked.
Jacob Lee
i guess the seppo was btfo
Blake Barnes
huh, that's actually pretty damn interesting
I guess people should not immediately assume a nation is 'socialist' just because muh healthcare and muh healthcare alone
Nicholas Lewis
socialism is not about the ease of doing business