On Wed, 8 Jun 2016 13:43:19 -0700 (PDT), JohnO <johno1234@gmail.com>
wrote:
http://www.kiwiblog.co.nz/2016/06/labour_lies_on_health.html
Real health expenditure per capita is up - fact.
Government borrowing per capita to pay for real health expenditure is skyrocketing - fact...
...because the rate of increase in real wealth-producing productivity
is declining - fact.
Only pinheads will argue over the noise generated by the yah-boo
infantilism that characterises New Zealand politics, the core problem
being that both the government and the Reserve Bank have sleep-walked
into an irretrievable Catch-22 entirely of their own making.
When, as in New Zealand, a country's reserve bank loses control of its
core mandate,
the jig is surely up, along with whatever the thinnest
thread of credibility its government may once have enjoyed.
http://www.kiwiblog.co.nz/2016/06/labour_lies_on_health.html
Real health expenditure per capita is up - fact.
On Wed, 8 Jun 2016 13:43:19 -0700 (PDT), JohnO <johno1234@gmail.com>
wrote:
http://www.kiwiblog.co.nz/2016/06/labour_lies_on_health.html
Real health expenditure per capita is up - fact.
Government borrowing per capita to pay for real health expenditure is >skyrocketing - fact...
...because the rate of increase in real wealth-producing productivity
is declining - fact.
Only pinheads will argue over the noise generated by the yah-boo
infantilism that characterises New Zealand politics, the core problem
being that both the government and the Reserve Bank have sleep-walked
into an irretrievable Catch-22 entirely of their own making.
When, as in New Zealand, a country's reserve bank loses control of its
core mandate, the jig is surely up, along with whatever the thinnest
thread of credibility its government may once have enjoyed.
On Thursday, 9 June 2016 10:25:09 UTC+12, Newsman wrote:
On Wed, 8 Jun 2016 13:43:19 -0700 (PDT), JohnO <johno1234@gmail.com>
wrote:
http://www.kiwiblog.co.nz/2016/06/labour_lies_on_health.html
Real health expenditure per capita is up - fact.
Government borrowing per capita to pay for real health expenditure is
skyrocketing - fact...
Cite this fact please.
...because the rate of increase in real wealth-producing productivity
is declining - fact.
Non sequitur.
Only pinheads will argue over the noise generated by the yah-boo
infantilism that characterises New Zealand politics, the core problem
being that both the government and the Reserve Bank have sleep-walked
into an irretrievable Catch-22 entirely of their own making.
You are wandering off topic.
When, as in New Zealand, a country's reserve bank loses control of its
core mandate,
What "core mandate" would that be?
the jig is surely up, along with whatever the thinnest
thread of credibility its government may once have enjoyed.
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