@bsky.app.profile.bernardchickey.bsky.social@rss-parrot.net
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Podcaster and newsletter writer about housing, climate and poverty in Aotearoa. Free and paid versions here: https://open.substack.com/pub/thekaka?r=akd4&utm_medium=ios
Site URL: bsky.app/profile/bernardchickey.bsky.social
Feed URL: bsky.app/profile/bernardchickey.bsky.social/rss
Posts: 14
Followers: 4
https://bsky.app/profile/bernardchickey.bsky.social/post/3l5zhluvedr2a
Published: October 8, 2024 18:34
The Govt is telling us 'there's no money left' + 'Health NZ has 'blown its budget'. That's based on a false idea Govt is like a business/household. It's not. It can tax. It creates & spends NZ$, then mops it up via taxes/bonds. Households can't do either…
https://bsky.app/profile/bernardchickey.bsky.social/post/3l5zhasbcjo2b
Published: October 8, 2024 18:28
Remember this: a Government is not like a household or business. It cannot be compartmentalised and treated like a collection of profit and loss centres. 1/3
https://bsky.app/profile/bernardchickey.bsky.social/post/3l5zhbrh3bx2x
Published: October 8, 2024 18:28
It can never run out of money while issuing debt in its own currency that floats, and the effects of cuts in one or more places (housing, health & public transport) will inevitably squirt out over time in higher spending elsewhere (A&Es, prisons, mental…
https://bsky.app/profile/bernardchickey.bsky.social/post/3l5x3eiblh72j
Published: October 7, 2024 19:50
More short-termism to spend money at the bottom of the cliff, after cutting spending to build the fence at the top of the cliff.…
https://bsky.app/profile/bernardchickey.bsky.social/post/3l5fm3spc6g2a
Published: September 30, 2024 21:01
The PM makes $316k/yr after PAYE tax as PM. He has also just made $460k in income from capital gains. He was asked if he should pay tax on the income from capital gains. He said he didn't see the point of the question because wealth creators needed the…
https://bsky.app/profile/bernardchickey.bsky.social/post/3l5csnsvuf52p
Published: September 29, 2024 18:21
The Government’s popularity just took a huge hit, in the South Island at least, and maybe right across the motu. https://thekaka.substack.com/p/one-in-four-march-against-govt-in
https://bsky.app/profile/bernardchickey.bsky.social/post/3l53rbvvmql2r
Published: September 26, 2024 23:08
Here's our weekly climate wrap with Cathrine Dyer . We were advised to drink large glasses of whiskey after considering the research on climate sensitivity.…
https://bsky.app/profile/bernardchickey.bsky.social/post/3l53mqxry262f
Published: September 26, 2024 21:47
Oh. And by the way. Take a look at the desperation of Erica Stanford (and the rest of Cabinet) to avoid having to come up with a migration strategy that matches any sort of infrastructure strategy. Great get from Jem Traylen.…
https://bsky.app/profile/bernardchickey.bsky.social/post/3l53mplzkux2l
Published: September 26, 2024 21:46
And check out the backlash that is about to wreck support for the Government in the bottom half of the South Island, at the least. The council and the ODT have gone ballistic over the Govt's plan to downgrade the new hospital building plans.…
https://bsky.app/profile/bernardchickey.bsky.social/post/3l53mnpladu2j
Published: September 26, 2024 21:45
Great scoop from @marcdaalder.bsky.social on the Government looking to assume away its emissions reduction problem. When is the big end of town going to challenge the Government on its climate policies?…
https://bsky.app/profile/bernardchickey.bsky.social/post/3l53mmjs6q72w
Published: September 26, 2024 21:44
If you think the Government's spending & jobs cuts are bad already, Treasury has just informed us 'we ain't seen nuthin' yet.' Brace yourself for the deepest cuts in public spending and services in real per-capita terms ever.…
https://bsky.app/profile/bernardchickey.bsky.social/post/3l4yzumdugh2r
Published: September 25, 2024 21:03
Great interview here with Raymond Yeung on the real meaning of China’s stimulus plans. https://open.substack.com/pub/5in5withanz/p/thursday-services-inflation-to-worry?r=akd4&utm_campaign=post&utm_medium=web
https://bsky.app/profile/bernardchickey.bsky.social/post/3l4yzpt37bz2k
Published: September 25, 2024 21:01
In which the PM accuses the CEO of the country's biggest bank to stop getting involved in politics by advocating 'taking more money off New Zealanders,' which was described as an attack 'unbecoming of a leader' from a PM 'under a bit of pressure'.…
https://bsky.app/profile/bernardchickey.bsky.social/post/3l4yzog372e2z
Published: September 25, 2024 21:00
In which the head of hospital infrastructure tells the Government its plans to cut back on its $3.2b of hospital building will mean moving to a ‘reactive maintenance (‘run to fail’)’ mode, & that the $3.2b current plan already only allows for 4% growth in…