Pages

Showing posts with label Welfare transfers. Show all posts
Showing posts with label Welfare transfers. Show all posts

Friday, December 27, 2024

Professor Robert MacCulloch: End welfare transfers to high income families...


The Only Way Out for the Coalition (and NZ) in 2025 is to end welfare transfers to high income families

Budget 2025 should be the austerity budget that Finance Minister Nicola Willis didn't have the guts to deliver in 2024. Instead, her lame first year Budget prolonged New Zealand's economic stagnation (of course, former PM Hipkins and Worst Finance Minister Ever, Grant Robertson, bear most responsibility). The problem is that Willis doesn't want to associated with former National Party Finance Minister Ruth Richardson, who cut government spending by over 5% in her famous 1991 Budget. However, that problem is easily solved.