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Thread ID: 116729	2011-03-17 20:59:00	Where is our future?	bk T (215)	PC World Chat

Post ID	Timestamp	Content	User
1187043	2011-03-18 02:11:00	Stop overcharging your customers then. :) If he stops overcharging his customers, he can't survive!:D because others are overcharging him!	bk T (215)
1187044	2011-03-18 02:14:00	You have to overcharge these days just to pay the taxes. :(	Snorkbox (15764)
1187045	2011-03-18 02:17:00	@Snorkbox People have been saying that we should be processing our primary products for years. Great idea. Surely they have tried. But Japan wants to make their own pallets out our logs China wants to make their own baby formula and cheese and yoghurt out of our milk power. The USA want to make their own hamburger patties from our beef. We are now importing furniture and timber (form Chile at Bunnings) even though we are full of trees, so how can we export furniture?! But there is some good news. There are a surpsieing number of niche companies in New Zealand doing very well exporting all sorts of stuff, but we don't hear enough about them, and there are not enough of them, and they don't export enough stuff to pay for what we want. No one is owed a living by divine right. Ask anyone who lives in the African desert. Japan wont be making pallets for a while they will be building houses, in the hills hopefully China making baby powder, we have seen how good they are at that NZ Mcdonalds uses nz beef dont they? Good post Digby 100%	Gobe1 (6290)
1187046	2011-03-18 02:22:00	... Wonder what they new "fix" will be once theree's no assets left. Merge with OZ - provided OZ accept us.:D ... Working For Families springs to mind Labour introduced this system so as to produce a captive group of voters. ... Social welfare should support only the needy not the greedy. It's true that was introduced by Labour, but it's National's responsibility to put it right! What have they done? It's also very true that Social Welfare should support only the needy not the greedy. As far as greediness is concerned, I think our whole bunch of politicians in the beehive are the most greedy and good for nothing lot.	bk T (215)
1187047	2011-03-18 02:29:00	@Snorkbox People have been saying that we should be processing our primary products for years. Great idea. Surely they have tried. Snip But there is some good news. There are a surpsieing number of niche companies in New Zealand doing very well exporting all sorts of stuff, but we don't hear enough about them, and there are not enough of them, and they don't export enough stuff to pay for what we want. The trouble is that they are not generating enough jobs to cure our inherent unemployment problem. There are only two ways NZ can correct it's chronic trade balance problems, 1. Exporting one hell of a lot more than we are currently doing, plus get a massive increase in tourism; and 2. Import a lot less goods, this is either by forgoing an amount of imported goods currently consumed, or an import replacement manufacturing programme, that has consumers complaining that Chinese made goods are cheaper. The hidden cost of importing the majority of our needs, is the social welfare cost of providing for those who are unemployed, and the social cost of the resulting crime and domestic strife iassociated with increased unemployment. Exporting jobs to Asia, as done by New Zealand, much of Europe and the USA, is a quick path to increasing unemployment, unless the country has either a shortage of labour, or other gainful employment to offer those workers who are casualies of the system. A growth in service industries that provide only services to resident New Zealanders may provide some employment, but does nothing to solve the country's balance of payment problems, just as paying one's son to mow the lawns does not increase the net worth or the family.	KenESmith (6287)
1187048	2011-03-18 05:03:00	@Ken E Smith Well said. And I really like the family lawns analogy. But cure "our" unemployment, arn't you a deserter sitting there in Brisbane ? My prediction for the long term is that Australia will price itself off the world market. You can t create import substitution industries when western wages are going up by 5% a year (a lot) and Chinese wages are going up by 5% a year. (not much)	Digby (677)
1187049	2011-03-18 05:26:00	Well here’s my version of what’s wrong with the country. :2cents: It’s bogged down with B…l S…T! We have more Public Servants (that’s a misnomer) and Bureaucrats holding up production than probably anywhere in the world. Here’s an example. In Tauranga the local Council will charge you $19,000 in fees just to build an average three bedroom home. Then, after all their approvals, it leaks like a sieve, the drains block, or whatever, they don’t want to know about it. Now, this is just one example which is multiplied a thousands of times countrywide. And for a bonus, think about the effect of all these Health & Safety zealots who believe that getting out of bed in the morning could be dangerous. What do they cost industry without producing a $ themselves.	B.M. (505)
1187050	2011-03-18 06:22:00	Is there anything else can our government do other than borrowing (www.nzherald.co.nz)? If the politicians just sit there and keep on borrowing, where are we heading to? NZ still has amongst the lowest percentage "Public debt/government debt" per GPD in the developed world. Borrowing in such a emergency is clearly the right thing to do. Why is the NZ currency so low, simple because NZ as a nation consistently spends more overseas than it earns when one takes into account invisibles. \r. NZ currency is not low lol, it is at some of the highest sustained levels seen against the $US and Euro etc, try and get some facts straight before posting ah! Against the $Aus it is low, however there is a international currency war going on atm, many countries are trying to devalue there currency to be more competitive and boost exports. If anything Australia is loosing the currency war.	Battleneter2 (9361)
1187051	2011-03-18 06:43:00	.. Borrowing in such a emergency is clearly the right thing to do. ... It 'maybe' OK to borrow in this incidence but look at the amount (I've lost count on the amount- can someone here fill in the gap?) that we have to borrow per week is a nightmare! And our govt still can afford to buy 30 (or more?) BMWs for those idiot ministers!	bk T (215)
1187052	2011-03-18 07:23:00	It 'maybe' OK to borrow in this incidence but look at the amount (I've lost count on the amount- can someone here fill in the gap?) that we have to borrow per week is a nightmare! And our govt still can afford to buy 30 (or more?) BMWs for those idiot ministers! Most countries in the developed world are running deficits atm, US, Britain, Australia, Canada, Ireland (insane deficit), Britain, Canada, & US higher percentage of debt per GDP than NZ off the top of my head (prior to borrowing for earthquake). You wont get a argument from me about tightening our belts and increasing productivity, all I am saying the government borrowing is not out of control and is manageable with a plan to return to surplus. Its all happened before 80's and 90's nothing new here.	Battleneter2 (9361)
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