Economist Gary Stevenson argues that New Zealand's growing wealth inequality threatens the middle class and housing affordability, urging increased taxation on the rich to prevent economic collapse and welfare system failure.
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I throw that in. I mean, that could have been a whole I've seen endless columns have been written about this. Um infrastructure just provides a base under the constru uh construction sector, you know, so that you keep workers employed, you keep them in the country. Um, and um obviously because governments in theory should be able to spend when the economy's when the private sector's not booming, that's meant to be a good time for the government to get in and um spend because you know that that they don't have face all the um compet competitive pressures of s uh of of fighting the private sector for workers and and um unfortunately the government uh by their own definition is is is broke uh now. So they they have set aside money for for infrastructure projects, um, but they came in and sort of ruled a line under a bunch of them, and there's been criticism uh of the way that that sort of stop start, so we get new governments coming in. Um yeah, look, uh I think there's there's there's potential for progress there from what I've heard uh from the Labour Party, they get it. I think National gets it. They could sit in a room and organise, you know, it would be nice to to have a list of key priority and struct um infrastructure projects that weren't gonna change out if if those two major parties changed, and um, you know, I don't know if that can happen uh before an election, but um, you know, it would make sense, you know, like something like uh uh uh another Auckland Harbour Bridge um or a tunnel, you know, th they'll come up with seven options, and um, you know, a couple at this end will be considered uh unpalatable to the right because they'll have too many cycleways and walkways or whatever, they'll be considered the woke options, and then a couple of uh other ones will be considered completely unpalatable to the left because they'll be just all about road transport. Um but somewhere in the middle is two or three there that shouldn't be it shouldn't be that hard to just go, look, this, you know, what can we agree on and then just uh stick to it so that we get a long-term uh infrastructure um plan rolling and that just underpins the construction sector in the country and underpins uh GDP and is is is the government using its money uh more efficiently.
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