James Ross On How The Government Is ‘Cooking The Books’

[@Harkness197]

How refreshing would it be to have a politician that actually takes accountability

[@markturner2971]

When you see the way New Zealand 🇳🇿 has been run the last 50 years and what the government's, have been signing up to with the UN, WEF and WHO, the way out of this jamb will mean a 180 degree about face. But who has the vision or the backbone?

[@badchefi]

Your comment has conspiracy theorist written all over it.

[@markturner2971]

@badchefi not if you read the facts, and have seen the dog attitude developing in New Zealand. You should try some facts.

[@badchefi]

@ the dog attitude is down to foreign propaganda dividing and destroying our society. Thank your own social media feed for demoralising you and your peers.

[@operatorsix6933]

yes a bunch of gov groomers pushing wef wishes and wants.

[@hariseldon3786]

Cut every single DEI consultant, program, employee, initiative and yada ya - and start with RBNZ and their "DEI Centre of Excellence" - which is an oxymoron. And don't give money to other countries - you can't pour from an empty cup!

[@MsBlueRyans]

Where's the money gone? As a taxpayer, I need to know everything..and now. No more bs.

[@badchefi]

You never know everything - you simply don’t have the capacity for it.

[@MsBlueRyans]

@@badchefi come on now...

[@MrHart450]

@MsBlueRyans Start with 3 billion dollars for landlords. Then 14 billion dollars for tax cuts. Then 40,000 more people unemployed means lower PAYE. More people on the dole (job seeker or unemployment benefit) equals greater cost. Less GST because sacked workers can't afford more. Higher cost for smaller ferries and while they think they maybe able to save on smaller wharf infrastructure? Mark my words that wharfs which may start to be constructed next year will cost the same if not more than wharfs which were already started to be built in 2023 unless they ask China to build them for us? Anyway it all adds up to 27 billion dollars and they have only been in power for 14 months. More than what Labour was able to achieve in the six years and a pandemic.

[@MsBlueRyans]

@@MrHart450 omg..I'm shook!

[@TheAllEngineering]

If all the money being paid out for DEI initiatives, and payments to iwi and othe Maori orgaisations was reigned in then the economy would be in a better place.

[@MartinCraig-zt2sv]

How much did it total this year?

[@TheAllEngineering]

@@MartinCraig-zt2sv There are a lot of deals that are done behind closed doors, and the amounts are hidden from the financials of Government agencies and local bodies. That is an immediate red flag. Genesis and Meridian energy did a deal earlier this year with iwi in the south island. There was an amount of $180 million put up. The amounts paid to some parties (not iwi) was declared, leaving over $100 Million not accounted for presumably iwi being the recipients. This type of thing is going on up and down the country, so it is not a small amount. Iwi involvement invariably means that they are being paid out. The same things goes on in local bodies as well, hidden deals with iwi and Maori organisations. These deals are not out in the open and do not show up in financial reporting. We pay for this carry on in our rates as well.

[@jimbotussock3856]

​@@MartinCraig-zt2svThe smoking excise tax take is about $2b annually... Maori make up ~35% of smokers... All treaty settlements to date have cost $2.24b... so 3-4 years of Maori smoking from 2020 to now has already paid for all of it and some...

[@tahanaparker2660]

​@@jimbotussock3856 😂 50,000 more European on benifit in NZ then any other ethnicity, thats 3 billion per year , superannuation is 14 billion per year guess the % of that going to Europeans then any other ethnicity in Nz , as for treaty settlements the total in cash / assest to iwis will be in total 2.6 billion that would pay the superannuation of nz for not even two months 😂.

[@johnmartin7158]

Politicians always blame everyone but themselves.

[@hariseldon3786]

Our debt is approximately 180 Billion NZD and our servicing costs are approximately 3.7 billion per year. Our GDP is about 422.5 Billion and our economic growth is -0.2% - what does that tell you - we are going backwards... we actually owe about $36,000 NZD per head of people in NZ. I hope that clarifies things with all the blather.

[@2L82H8]

I pay more than that annually in tax bud so doesn’t seem bad to me or from my Contribution!!

[@MartinCraig-zt2sv]

The top DEI hire in NZ is the Minister of Finance with its Liberal Arts degree. Luxon getting Winston to take on the man's work

[@WwBb-t2v]

4 billion black hole wow, maybe giving 3 billion to landlords was wrong

[@MichaelFisher-t8z]

Pretending to have a deep voice doesn't mask the bs

[@Peter_Pepper_Love]

Freakin cookers 🤷

[@Freeeedumb]

Coalition of Cookers

[@colindyer5233]

FFS! They have 6 years of out of control spending to sort out & it has only been 12 months. Give em a chance!

[@2L82H8]

Never encountered a recession in their time tho 😂😂! Within a year in power BAM all most a depression don’t worry about the word RECESSION

[@jimbotussock3856]

In 1 year, let's cut 4k civil service jobs, another 7k public sector jobs, do nothing about record numbers leaving the country and cut taxes... I wonder why there's less tax take.... Year 2 & 3 privatize everything! Sell it all to foreign corporations, that'll fix it!!

[@johnmartin7158]

According to Nicky no boats, I thought the economy was humming.

[@adsdft585]

just read how the three party government wants reduce the taxes transferred to Superfund by 2.1 billion over 5 years due the fund producing good returns on investment. So the non-Labour government is again short changing the Superfund as they did during 2009-2017 period.

[@kiwidiesel]

Why does that guy sound like a darleck from dr who😂

[@Adogsmate4267]

If this government is spending more, imagine what chippy would be spending by now. He hid the books because he didn't have the brains to cook them. Six yrs of ardern did more than cook the books. They fernest them.

[@xman3702]

yes glad National is in charge now. They’ll sort us out. Make NZ great again!

[@Adogsmate4267]

@xman3702 hopefully, my man.

[@2L82H8]

Did they encounter a recession in their time in power? 😂

[@Adogsmate4267]

@2L82H8 yes, did they pull us out of it? No, they didn't . Not capable.

[@Adogsmate4267]

@@2L82H8 chippy is an idiot

[@excelsior9698]

Decrease the money supply, drop spending. The government doesn't contribute productivity.

[@peterrhodes5663]

Last century NZ used to give financial aid to Singapore to aid its development. Now look at it. Maybe NZ should ask for a reciprocal arrangement.

[@badchefi]

Typical Boomer looking for handouts.

[@peterrhodes5663]

@@badchefi You're too thick to see the irony of it. You sound like another 'fine product' of the NZ education system.

[@petepaton828]

He is not very inspiring. I have lost confidence in the taxpayers union.

[@user-yq2bp1ho3n]

spending more as a % of gdp. Or... gdp has dropped significantly to reflect global economy. Are they REALLY spending more, or just earning less??

[@Marius_vanderLubbe]

You only go around in circles when the reality you live it has just two options - inflation and unemployment. The only thing that comes of this is the hollowing out of health system etc and an ability for people to live with a modicum of decency - which will accelerate and become even more severe. 'We didn't know the books were this bad' is the eternal catch cry. But keep voting and believing things will change.

[@ixample]

DOGE

[@operatorsix6933]

bingo....

[@DCG-dg5sd]

Labour muppets cooked the books ... "Yorn desh born, der ritt de gitt der gue, Orn desh, dee born desh, de umn bork! bork! bork!"

[@xman3702]

yes they did and i fear National will get the blame for it come next election

[@Freeeedumb]

​@xman3702 the guy 'sorting out the healthcare' for this shambles of a govt, got caught trying to sneak cuts this govt made into last years books.. was quite alot too. Was on the news

[@badchefi]

You must be lobotomised to ignore the current governments poor management since they got in power. First they made empty promises and now the reality slowly kicks in.

[@geofflewis8599]

..yes, but those public sector jobs that are not filled, have been budgeted for - so they are no longer a cost..

[@Gray-x7g]

Thankyou Nationals Nicola! Ka pai ...We can all heal now and move on...Yeah right! 🤣 NZ $100 billion debt for 5 million population // OZ $25 billion debt for 25 million population that is why we kicked Labour, Greens to the gutter! Wadda ya reckon? Australia you can do better get rid of Labour 💯 Haere ra and Merry Xmas 💯

[@richardcox3713]

Poor audio plus some much needed voice training. Try again later.

[@denyswoodroffe490]

Being left wing this man is struggling. He needs to look at a larger picture.

[@pgreen8531]

There should have been no cuts yo the official cash rate on interest rates . National is lying to the people they are trying to hurry up the process ut it is actually not working😮😮

[@fraserguthrie4692]

It is time that kiwis faced reality that we have wasted the nations capital in housing - so business is staved and productivity never increases. think about this kiwi households owe half a trillion in debt. That is NZD500,000,000,000. Firing 9,000 several won't fix this

[@Sharon-yk7xm]

I think our council's should keep our property tax to look after our own councils roads drains ect not the govt they should just deal with the country

[@MartinCraig-zt2sv]

What property tax?

[@greetingsfromnewzealand]

It's SIMPLE, no one ever says it, we talk productivity. The WORD is EXPORTS. We don't need ANYTHING except more EXPORTS, and we have a malaise of not understanding this because Farmers took care of it, and no city person ever had to think EXPORTS. PM, Minister of Finance, the word is EXPORTS. Why do kiwis choke on that word?

[@deantairi8357]

We don’t have more to export der that ship has sailed time for our politicians to actually start investing back into our own mining instead of taking from kiwis pockets to attract overseas investors.

[@greetingsfromnewzealand]

@@deantairi8357 Yes, of course, but we can't make much real cash from that. How we going to get rich on tiny percentages from coal mines, it's the COAL we need in that case, but investment and the 175 billion have to paid back, EXPORTS is the word, and it shows just how many kiwis are vaguely hoping big companies paying average wages can do it, because we haven't learned that we live off exports. Ashburton produces 80,000 litres of milk powder daily and it ALL goes overseas, that's what I'm talking about. All the artists down at the markets are wasting their time when no one has any money. EXPORT is the word Dean. All the best.

[@MartinCraig-zt2sv]

We specialise in unproductive exports and always have - wool, carcasses, gold, milk powder. The country that buys our exports and manufactures them into consumable products is the productive economy. Ashburton is wasting opportunity by EXPORTING raw materials that could be used to produce jobs and wealth in Ashburton.. CCP LOVES Ashburton

[@evelynbruton1805]

Loud er please

[@kungfutzu3779]

& less vocal fry

[@SunoAIMusic-j9o]

James Ross is making ASSUMPTIVE REASONS for actions that it is impossible for anyone OUTSIDE of Cabinet to know about. The 'balancing" of the "books" for any government are totally variable and are dependent upon factors that are impossible to understand without that internal knowledge. The Taxpayer's Union like to think and promote themselves as knowing all the facts, but they lack any actual insider knowledge as to what is a debt, an asset, and a cost when related to Government income and expenditure. They rely on what interpretations they individually make about information available in general nature, not on actual commercially sensitive privileged facts that are withheld to prevent insider trading. The reasons for personal debt when related to taxation being increased is actually not the fault of any Government anywhere, but in the buying power of the currency concerned. Consumer inflation caused by the less product/service for more cost/taxation is a far bigger cause of increasing debt to any Government, simply because it is a mathematical equation that nobody can change. Costs of supply increase, amount of supply decreases, purchase of amount of supply increases, or decreases if the buyer reduces consumption. Any market, anywhere. That creates less revenue for the supplier and for the Government in reduced taxation. So when you compare expenditure to taxation expenditure can and will always drop as taxation increases due to inflationary supply costs. An example is a supplier of a packet of biscuits. 10 biscuits, total weight of the packet, say 100 grams, consumer cost of $2 The supplier's cost go up, he reduces the packet to 9 biscuits and 90 grams saving those costs by volume, and increases the consumer cost to $2.20 The profit and tax increase yet the product supplied decreases. If you needed 10 biscuits you are forced to buy another packet. But you decide to change the type, ( go to bulk buy brand etc ) then the original supplier is out of pocket, so is the Government, and unemployment/benefits rise upwards. The circle of debt is best broken by investment into areas that will provide employment, real living wages, fair taxation based upon supply, and bring about fair competition. If the Government of New Zealand PAID for Apprenticeship Training by way of SUBSIDISED EMPLOYMENT ( equal to Benefit expenditure for example ) then you get young people staying in New Zealand, learning AS THEY EARN a fair wage, and helping rebuild the industrial industry which New Zealand presently relies on immigrant labour to do. Take the Canterbury Earthquake recovery rebuild. The number of qualified industry staff in New Zealand was, and still is, a joke. When the next disaster happens New Zealand will go broke, because there is nobody trained to fix it, and the costs to IMPORT LABOUR will BANKRUPT the nation. I understand where James Ross is coming from, but the worst thing to do is to incorrectly blame present problems on present options and actions, it must be understood that EVERYTHING that is wrong today, WAS CAUSED years ago when the Labour/Greens/Maori Alliance Party ( that is what they are, one big "Co-Governance" group ) brought in policies that HAVE CREATED THE PRESENT PROBLEMS. Any discussions today should be about WHAT EFFECTS the changes the Government policies may/should/will have on the ECONOMY, IN THE FUTURE. It only shows a lack of understanding of the actual fiscal situation to make statements that are just opinions, and without actually looking at what was inherited, and what is intended to repair any damage. Of the GREATEST IMPORTANCE that is being looked at, that NOBODY is talking about, is THE WORLDWIDE SWITCH to using digital currency FOR TRADING purposes. The present system is so outdated and controlled by all the overseas banking organisations that charge absolutely unbelievable amounts for financial transactions, that it causes massive problems for businesses as well as individuals. Check why the Kiwibank came into existence, and you will see it. Soon the entire world will not be using the USD as a trading currency, but digital XRP currency with MASSIVE SAVINGS and ease of use where there are no banks, like in Africa. All the world's leading financial institutions have been forced to adopt it, and it is now started to be used. This switch alone will save every Nation trillions in costs that the banks have been creaming off the top of every single payment anyone has made using their bank account. ( google XRP Ripple ) The ACC is the biggest taxation fraud that ever existed, the tax collected far exceeds expenditure and the use of that tax could well be put to use by investing the approx. $ 26 billion NZD it has grown to in a New Zealand owned Industry such as Gold Mining/Kitset Homes/Fruit & Vegetable Production Supply etc rather than in some offshore hedge fund who take enormous amounts of profit as commissions. The answers are in the future, but the reasons are here today. Yesterday is gone, stop repeating it. Today is tomorrow if you make it that, or else you can keep living in the past. The rest of us will leave you behind.

[@raywheeler3135]

Verbose word salad full of nonsense

[@SunoAIMusic-j9o]

@@raywheeler3135 Some people miss the boat, some people don't. Some people don't see the boat and end up not even knowing that they had a chance to get aboard it. Other people that have already been on the boat and have seen all the views from it, and pass them on for others to consider before deciding if they want to get on the boat, only do so to help them. But some people have such bad habits they don't realise that they don't know what they are talking about because they have not "been on the boat." How the hell can anyone know what was even talked about in any private meeting, let alone use that as an excuse for a present situation ?

[@brianhenderson4736]

Wake up national and 🛑 wasting our taxs on civil service they are overspending everyone s hard work and giving us a life times taxes 😂