tag:blogger.com,1999:blog-5404820640426099135.post6005066312535555313..comments2023-10-31T00:46:35.316+13:00Comments on Anti-Dismal: What to do for prosperityPaul Walkerhttp://www.blogger.com/profile/13731003529546075700noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-5404820640426099135.post-43960424040155504442011-06-25T10:41:10.749+12:002011-06-25T10:41:10.749+12:00What we have done right has been on the back of an...What we have done right has been on the back of an energy wave. Kerr is a follower of Julian Simon who states that the human mind is the ultimate resource therefore we don't run out of oil we find substitutes. What if the peak oilers are right: the first to go are the discretionary outer layers (tourism) and then costs in the primary and secondary sectors go up?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5404820640426099135.post-86521568075239928332011-06-20T15:35:31.647+12:002011-06-20T15:35:31.647+12:00Kerr is right that there are simple things to be d...Kerr is right that there are simple things to be done.<br />But he (and you) are desperately wrong when you say we have done them! Some small changes were made under Roger in the 1980s and Ruth in 1991.<br /><br /><b>But every single one of those changes has been reversed since then</b> mostly under the previous Labour government.<br /><br />Whether it is employment law, unions, benefit levels, market reforms of health and (tertiary) education, banking, transport, every sector of the NZ economy has been recentralised and resocialised! <br /><br />When NZ's debt and deficit are now worse than Greece - when calculated on a realistic long-run NZ dollar exchange rate - it is clear that the last budget should have been as hard and fast and deep as Roger & Ruth combined, and should have pressed on to the logical conclusion of their reforms.<br /><br />There is still some hope, I guess, if Brash's ACT has enough representation in the next parliament, for an emergency budget in November.<br /><br />But apart from that, it is hard to see any of the things "we all know must be done" being done anytime soon in NZ - until like Greece, we are forced to do it at the sharp end of a bail-out package from the IMFAnonymousnoreply@blogger.com