@wekatweets

Transition is hope with its sleeves rolled up (Rob Hopkins) | Climate solutions: https://nitter.cf/t.co/mRbgXKnpn7 | https://nitter.cf/t.co/NPqoFWeE6n

New Zealand
Joined August 2014
for those of us wondering what happened to the NZ Left? It's here πŸ‘‡ Fantastic stuff. BHN Finance (economics) Debate Chloe Swarbrick (Greens), Craig Rennie (Labour), Quilae Wong (OP), Ganesh Nana (economist), Pat and Chewie (BHN) youtube.com/watch?v=k7P8Lo4P…
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weka 🐬 ✊🐬 retweeted
I've never pretended the debt doesn't exist, Henry. I've said it's real in every reply, it's the private sector's savings, held as bonds. That IS the other side of your ledger. And this is the half you're missing. When the government's debt rose 20 points, the private sector's financial savings rose by about the same. That's what a deficit is: the government's red ink is the public's black ink. That "debt" is sitting in KiwiSaver funds and bank balance sheets. It's our asset. Owed to somebody? Yes, owed to us, in dollars the government issues, so always payable. You're reading one side of the ledger and calling half of it a crisis. Read the whole thing. If the 'Debt' clock was renamed the 'Savings' clock then maybe we wouldn't need to keep explaining this myth that you, and the majority of the public, have bought into. Learn more about how money works nowadays - therebeleconomist.substack.c… πŸ˜€
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weka 🐬 ✊🐬 retweeted
The maddening part is that a government that issues its own currency is never short of the dollars to fund a hospital bed or a nurse's wage. So the shortages aren't an affordability problem, they're a choice not to fund the capacity. And it's even worse than that. We train the nurses, then don't fund the positions to employ them, so they leave for Australia. We're not even short of the trained people, the real resource is standing right there. We just won't pay for the role. That's not "we can't afford it". It's a political decision, dressed up as an affordability one, based on the same myth I keep on writing about.
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We need a strong left/green government, one of the functions of the Greens is to shift what is acceptable policy in ways that Labour can't, but that then enable Labour to move in that direction. L/G know how to work together and can demonstrate an alternative to this term's chaos
So One News poll is basically: we either have a centre left coalition where the major party is weak or a centre right coalition where the major party is weak. Sigh
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The idea that Lab is weak is predicated on the idea that the Greens should never break out of their 10/12% historical norm. But for those of us that want a government that will shift from the centrist position, two strong centre left parties who can work together is a good thing.
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weka 🐬 ✊🐬 retweeted
"The truck driver in Pakuranga helps pay off a lawyer's loan." No, Simeon. He doesn't. Not a cent. When the government lends a student money, it creates the dollars and credits their account. No tradie's tax was collected and posted to a law degree. When the graduate repays, those dollars are deleted, drained back out like tax. They don't land in the truck driver's pocket either. So nobody foots the bill. The worker and the graduate aren't on opposite sides of a ledger. Setting them against each other is the trick, and it runs on the same myth as "add it to the tab", that the government is a household counting coins. It issues the currency. The real limits are real resources and inflation, not a truck driver's tax bill. "Someone always pays." Sure. Just never the person you keep pointing at. Read more: therebeleconomist.substack.c…
Labour wants a truck driver in Pakuranga, a builder in Howick, and a tradie in Bucklands Beach to help pay off the student loans of lawyers and other high earners. Let that sink in for a moment. Hardworking Kiwis footing the bill so that some of the highest earners in the country can pay off their degrees faster. Students who borrow from taxpayers should be expected to pay it back. That's only fair on the millions of Kiwis who graft, pay their taxes and never ask for a handout. We already have one of the most generous student support schemes in the western world. Apparently that's still not enough for Labour, who reckon a few hundred million more won't hurt. Classic Labour. Add it to the tab. They've already racked up more than $18 billion in unfunded spending promises, and the gap between what they've promised and what they can actually pay for keeps growing. National is taking a smarter, fairer path. We want to help graduates get ahead by reducing the compulsory student loan repayment rate from 12% to 10%. Graduates keep more of what they earn while still paying back what they borrowed. No gimmicks, no shifting the burden onto everyone else, just a fairer deal for people who did the right thing and took out a loan in good faith. Because here's the truth Labour won't say out loud. There's no such thing as free money. Someone always pays, and too often it's the tradie in East Auckland. I'd rather focus on growing our economy, creating good jobs, backing our farmers, tradies, workers and small businesses, and giving people a real shot at getting ahead through hard work and ambition. That's the real choice this election. Reward effort, or reward everyone else picking up the tab. Party Vote National 🩡
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Tertiary education stopped being free when I was in my 20s. In the 1980s it was normal for all taxpayers to contribute towards healthcare, education, roads, conservation, all the things that make our society function that the government is responsible for. Why not education?
Why should you be forced to pay for someone else's degree?
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weka 🐬 ✊🐬 retweeted
Replying to @TaxpayersUnion
Why should I be forced to pay for someone else’s investment property interest payments?
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weka 🐬 ✊🐬 retweeted
Replying to @TaxpayersUnion
because education is a public good ya dumb cunts. Someone paid for my surgeon's education, they paid for their kids teacher's education, I paid for someone's plumber. Learn the meaning of forced you discredited voice for dirty money
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weka 🐬 ✊🐬 retweeted
Replying to @CarlBates
Then why do those same farmers pay for roads in town? Why does the kiwifruit worker pay taxes that help elderly people they've never met? This punching down on students is the most stupid, cynical framing I seen yet from the Nats. And from Bates who's nicely wealthy & sorted;
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weka 🐬 ✊🐬 retweeted
Replying to @CarlBates
To be clear, youth aren't having children, because people like you want to rent them expensive houses and bill them for their educations. They are too indebted to have children. Yet you remain implacably opposed to giving them any relief whatsoever.
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weka 🐬 ✊🐬 retweeted
Replying to @CarlBates
I bet that builder in Whanganui went to the local polytech to do his 1 year ppe-apprenticeship course, the farmer from Waverley to Massey for his B AgSci, the small business owner in Hawera could be the local lawyer or doctor or any number of people with student loans. 1/
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yep. And those lawyers, doctors etc will help pay off the student loans of the labourers and business owners. Win all round. What's the problem? It's not like it comes out of people's individual bank account or savings.
So let me get this straight. Labour wants a truck driver in Eltham, a builder in Whanganui, a farmer in Waverley, a kiwifruit worker in Mangamahu, and a small business owner in Hāwera to help pay off the student loans of lawyers, doctors, engineers and other high earners...
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many people in the comments missing the point. He's not saying a woman president/PM. He's saying across government, across the world. Of course there will be bad women, and he said it won't be perfect, but women organise differently than men and are hardwired to tend and befriend
Obama: "If you put women in charge of every government for two years... I have a strong belief that things would be better. I'm confident about that."
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weka 🐬 ✊🐬 retweeted
Every election, public servants get political neutrality drilled into us. But apparently a former National deputy PM who ran National’s 2023 fundraising campaign, works as a lobbyist for Bayleys and now chairs Pharmac is fine. She got a 63% pay rise and backdated to September πŸ™ƒ
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weka 🐬 ✊🐬 retweeted
Next time the neolibs get excited about Fonterra's profits & claim it's good for our GDP, this is what they're celebrating. And the added bonus: our rivers are full of cow shit.
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weka 🐬 ✊🐬 retweeted
Class war from National
Labour wants a truck driver in Pakuranga, a builder in Howick, and a tradie in Bucklands Beach to help pay off the student loans of lawyers and other high earners. Let that sink in for a moment. Hardworking Kiwis footing the bill so that some of the highest earners in the country can pay off their degrees faster. Students who borrow from taxpayers should be expected to pay it back. That's only fair on the millions of Kiwis who graft, pay their taxes and never ask for a handout. We already have one of the most generous student support schemes in the western world. Apparently that's still not enough for Labour, who reckon a few hundred million more won't hurt. Classic Labour. Add it to the tab. They've already racked up more than $18 billion in unfunded spending promises, and the gap between what they've promised and what they can actually pay for keeps growing. National is taking a smarter, fairer path. We want to help graduates get ahead by reducing the compulsory student loan repayment rate from 12% to 10%. Graduates keep more of what they earn while still paying back what they borrowed. No gimmicks, no shifting the burden onto everyone else, just a fairer deal for people who did the right thing and took out a loan in good faith. Because here's the truth Labour won't say out loud. There's no such thing as free money. Someone always pays, and too often it's the tradie in East Auckland. I'd rather focus on growing our economy, creating good jobs, backing our farmers, tradies, workers and small businesses, and giving people a real shot at getting ahead through hard work and ambition. That's the real choice this election. Reward effort, or reward everyone else picking up the tab. Party Vote National 🩡
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National don't want truck drivers' and tradies' kids to go to uni or polytech. Let that sink in for a moment.
Labour wants a truck driver in Pakuranga, a builder in Howick, and a tradie in Bucklands Beach to help pay off the student loans of lawyers and other high earners. Let that sink in for a moment. Hardworking Kiwis footing the bill so that some of the highest earners in the country can pay off their degrees faster. Students who borrow from taxpayers should be expected to pay it back. That's only fair on the millions of Kiwis who graft, pay their taxes and never ask for a handout. We already have one of the most generous student support schemes in the western world. Apparently that's still not enough for Labour, who reckon a few hundred million more won't hurt. Classic Labour. Add it to the tab. They've already racked up more than $18 billion in unfunded spending promises, and the gap between what they've promised and what they can actually pay for keeps growing. National is taking a smarter, fairer path. We want to help graduates get ahead by reducing the compulsory student loan repayment rate from 12% to 10%. Graduates keep more of what they earn while still paying back what they borrowed. No gimmicks, no shifting the burden onto everyone else, just a fairer deal for people who did the right thing and took out a loan in good faith. Because here's the truth Labour won't say out loud. There's no such thing as free money. Someone always pays, and too often it's the tradie in East Auckland. I'd rather focus on growing our economy, creating good jobs, backing our farmers, tradies, workers and small businesses, and giving people a real shot at getting ahead through hard work and ambition. That's the real choice this election. Reward effort, or reward everyone else picking up the tab. Party Vote National 🩡
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weka 🐬 ✊🐬 retweeted
How dire it is that in order to understand the politico-technical hellscape we are now forced to inhabit, we are obliged to learn about all these weirdo grunt-flipping Zooshkas every single day because apparently they are in charge of it all
So many incredible parts of the Slutcon discourse. My favorite may be the framing of "we're just helping shy men learn how to flirt πŸ₯ΊπŸ‘‰πŸ‘ˆ" Meanwhile, the actual agenda:
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weka 🐬 ✊🐬 retweeted
'Remember those tax cuts we gave you!?' 'Not really. Hey the health system is collaps..' 'Well, we're going to give you some more!' 'Huh? See, there's not enough nurses and..' 'They won't be as big as the last time & you'll have to wait a couple of years, but tax cuts! '...'
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