Economist Eric Crampton Breaks Down the 2024 Budget
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- Опубліковано 10 вер 2024
- Sean Plunket talks to NZ Initiative’s Eric Crampton who breaks down the 2024 Budget.
Watch the full interview at theplatform.kiwi/
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So... We're worse off than before?
Labour and it's coalition have the nerve to criticise the Budget when they definitely used the last 2 terms to max out all available credit cards.. 🤔
This lot is not much better. At least hard working, struggling middle class has paid for the land lord tax cuts,
They just borrowed another 12 billion looks like the new government just got another credit card
Government stuffed up calling the changes tax cuts.
I love these "experts" high level Waffalage to try and convince us economics is difficult, NZ is fkd we borrowed money AT INTEREST from shylock and the interest is killing us, its that simple. money based on debt needs continual growth take interest out of the debt and within 6 years we will be a "rockstar" economy its been done many times before ,,,and every time has worked wonders
From what i’m hearing the video game industry could and it moving towards being really positive in Nz, we need to focus on diversifying into new revenue generating streams and this could be huge!
I thought video and online gaming was boasting about how profitable they were. That means surely with all the talked about lifestyle choices of being able to work in NZ they'd be the least likely industry to need subsidies. We got rid of them in agriculture so why not this lot?
The video game industry is bigger than Hollywood
Keep digging ‼️
When economists or anyone else talk about government budgeting as a piggy bank.... disregard them. What matters is home budgets.
labour and ardern should be in jail
Why what have they done?
Breathing
@@chrismckellar9350it appears you were not watching the video
@@atomicinv2 - Rubbish.
I will never forget my next Birthday 31st July 2024! From 31 July this year, average income households will receive tax relief of up to $102 a fortnight. On top of that, eligible families will receive a Family Boost childcare payment of up to $150 per fortnight. Thankyou Nationals Nicola 💌
A totally neoliberal BS budget. $3bn in tax cuts for landlords - simply insane, which the poor get 0.
29% taxation vs GDP is low and thats why NZ screws over its poor and is becoming more and more unequal. We will end up with the same mess they have in the USA.
Its not a goal we should be trying to achieve. NZ is not improving at all running a neoliberal system, we have a badly distorted tax system (no comprehensive capital gains tax etc) and unsustainable immigration.
More advanced countries run much higher tax to gdp ratios.
That said I have absolutely no problem all government departments being run on socioeconomic cost/benefit basis to ensure their staffing and projects and funding is appropriate. Something National is completely incapable of, and simply takes a knife to the financials.
More neoliberal economic waffle. If people thought Labour was bad, this lot are not much better, as they have to borrow to pay for general tax cuts oops tax adjustments. At least hard working, struggling middle class has paid for the land lord tax cuts. At least Nicola waffle kept her job.
35.000 maori familys are on the family benafit 60% of maori children dont go to school 17.000 maori are living in emergency houseing is the big mouth going to suport her people as our goverment could save alot of money if we didnt pay them big mouth and her big mouth mates in govt get $200k a year each
Get a job.
Yawn
Spend $20 on your lotto ticket and you'll be better off maybe and not so bored ?
@@stevehughes1510 dont buy lotto tickets or suffer fools and they should have found a better narrator. I'm sure hes good for those in the field but English please.