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		<title>Public Address | Cafe | OnPoint: 2009: &quot;Blithe&quot; (Part 1)</title>
		<link>https://publicaddress.net/system/cafe/</link>
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		<description><![CDATA[A talking shop where we put the questions and our community illuminates the issues.]]></description>
			<language>en-us</language>
			<copyright>Copyright (c) 2026 Public Address</copyright>
			

		
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				<title>andin</title>
				<link>https://publicaddress.net/system/cafe/onpoint-2009-blithe-part-1/?p=145999#post145999</link>
				<guid>https://publicaddress.net/system/cafe/onpoint-2009-blithe-part-1/?p=145999#post145999</guid>
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						<blockquote><p>Weren't they mostly busy having rationing and dying in world wars? Unless you count the expenditure on WWII and its aftermath, and I'm inclined to give them the benefit of the doubt on that one, it's hard to see where they had time to be selfish...</p></blockquote><p>A romantic generalised notion,…</p>
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				<pubDate>Fri, 18 Dec 2009 06:36:26 +1300</pubDate>
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				<title>Rich of Observationz</title>
				<link>https://publicaddress.net/system/cafe/onpoint-2009-blithe-part-1/?p=145981#post145981</link>
				<guid>https://publicaddress.net/system/cafe/onpoint-2009-blithe-part-1/?p=145981#post145981</guid>
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						<p><a href="http://www.rocketlab.co.nz/" target="_blank" rel="noopener noreferrer">"Space" rockets</a>, <a href="http://www.stuff.co.nz/national/554954" target="_blank" rel="noopener noreferrer">jetpacks</a>, <a href="http://www.gibbstech.com/aquada.php" target="_blank" rel="noopener noreferrer">amphibious cars</a>.</p><p>There doesn't seem to be a shortage of funding for (questionably) good ideas. I'm not sure the public purse needs to join in the fun.</p><p>Maybe bring back tax relief on R&amp;D, though..</p>
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				<pubDate>Thu, 17 Dec 2009 22:09:02 +1300</pubDate>
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				<title>Andre</title>
				<link>https://publicaddress.net/system/cafe/onpoint-2009-blithe-part-1/?p=145973#post145973</link>
				<guid>https://publicaddress.net/system/cafe/onpoint-2009-blithe-part-1/?p=145973#post145973</guid>
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						<p>The Herald editorialised that the second problem in our capital markets is the dearth of high-quality investment opportunities, which has prompted an unhealthy penchant for the housing market.</p><p>The problem seems to be all to do with tall poppies and little faith in good ideas. Finance is available for business…</p>
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				<pubDate>Thu, 17 Dec 2009 21:37:18 +1300</pubDate>
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				<title>Lucy Stewart</title>
				<link>https://publicaddress.net/system/cafe/onpoint-2009-blithe-part-1/?p=145971#post145971</link>
				<guid>https://publicaddress.net/system/cafe/onpoint-2009-blithe-part-1/?p=145971#post145971</guid>
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						<blockquote><p>Our dairying/forestry/tourism economy might just die in a similar situation. Remember the year that Ruapehu got hardly any snow and the ski operators and lodges almost went under? Imagine it after six years.</p></blockquote><p>That's highly unlikely on a country-wide scale. We're a maritime nation. It's always going to be raining…</p>
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				<pubDate>Thu, 17 Dec 2009 21:16:43 +1300</pubDate>
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				<title>Sacha</title>
				<link>https://publicaddress.net/system/cafe/onpoint-2009-blithe-part-1/?p=145970#post145970</link>
				<guid>https://publicaddress.net/system/cafe/onpoint-2009-blithe-part-1/?p=145970#post145970</guid>
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						Only if it's that spanking <a href="http://www.bridge2015.org.nz/" target="_blank" rel="noopener noreferrer">new one</a>, Craig. :)
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				<pubDate>Thu, 17 Dec 2009 21:14:14 +1300</pubDate>
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				<title>Craig Ranapia</title>
				<link>https://publicaddress.net/system/cafe/onpoint-2009-blithe-part-1/?p=145968#post145968</link>
				<guid>https://publicaddress.net/system/cafe/onpoint-2009-blithe-part-1/?p=145968#post145968</guid>
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						<blockquote><p>Herald defies Ranapia</p></blockquote><p>Ah yes, the same people who made up an imaginary broadcasting standard because taking a few seconds to check the actual code on the BSA website was too much effort.  Now, would you like to buy the Auckland Harbour Bridge, Sacha?</p>
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				<pubDate>Thu, 17 Dec 2009 21:11:12 +1300</pubDate>
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				<title>Andre</title>
				<link>https://publicaddress.net/system/cafe/onpoint-2009-blithe-part-1/?p=145962#post145962</link>
				<guid>https://publicaddress.net/system/cafe/onpoint-2009-blithe-part-1/?p=145962#post145962</guid>
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						<p>This is the sixth successive season of failed rains in an area of East Africa already hit by its worst drought in 20 years. Some 20 million people face starvation in vast areas of Kenya, Somalia and Ethiopia, the UN has already warned. <br />([http://news.bbc.co.uk/2/hi/africa/8417516.stm])<br />Our dairying/forestry/tourism economy might just die…</p>
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				<pubDate>Thu, 17 Dec 2009 20:51:03 +1300</pubDate>
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				<title>Andre</title>
				<link>https://publicaddress.net/system/cafe/onpoint-2009-blithe-part-1/?p=145960#post145960</link>
				<guid>https://publicaddress.net/system/cafe/onpoint-2009-blithe-part-1/?p=145960#post145960</guid>
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						They have always said that they will bow to their business owning wealthy 47 years or older backers when they get in a second time. it's always been the plan. It's not a fire sale, they have already secured their Fay Richwhites and we're suddenly up-for-sale for some reason. The…
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				<pubDate>Thu, 17 Dec 2009 20:23:07 +1300</pubDate>
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				<title>Sacha</title>
				<link>https://publicaddress.net/system/cafe/onpoint-2009-blithe-part-1/?p=145953#post145953</link>
				<guid>https://publicaddress.net/system/cafe/onpoint-2009-blithe-part-1/?p=145953#post145953</guid>
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						<blockquote><p>Don't you think we've got enough real problems to deal with, without getting into "little boy who cries wolf, again" mode?</p></blockquote><p>Herald <a href="http://www.nzherald.co.nz/politics/news/article.cfm?c_id=280&amp;objectid=10615940&amp;pnum=0" target="_blank" rel="noopener noreferrer">defies</a> Ranapia:</p><blockquote><p>This underpins the taskforce's most worthwhile recommendation, that the Government should sell off minority stakes in state-owned enterprises.<br />...<br />The Government has, of course, promised no state…</p></blockquote>
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				<pubDate>Thu, 17 Dec 2009 19:41:18 +1300</pubDate>
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				<title>Jim Cathcart</title>
				<link>https://publicaddress.net/system/cafe/onpoint-2009-blithe-part-1/?p=145870#post145870</link>
				<guid>https://publicaddress.net/system/cafe/onpoint-2009-blithe-part-1/?p=145870#post145870</guid>
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						Doesn't the "selfish generation" rely on a steady stream of suckers and/or migrants to ensure that the their property values continue to out-pace inflation and to prop up the prices of their funds? From my outpost, they may have severed their limbs below the knees and not even realize it.
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				<pubDate>Thu, 17 Dec 2009 14:30:29 +1300</pubDate>
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				<title>Andre</title>
				<link>https://publicaddress.net/system/cafe/onpoint-2009-blithe-part-1/?p=145865#post145865</link>
				<guid>https://publicaddress.net/system/cafe/onpoint-2009-blithe-part-1/?p=145865#post145865</guid>
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						The boomers paid for Muldoons election bribes &ndash; supporting farmers (average farm value $3 million today), superannuation and 27% interest rates. They are now joining in and borrowing up big to ensure that their house prices don't drop and are actively planning to give less to my childrens' generation. If…
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				<pubDate>Thu, 17 Dec 2009 14:13:17 +1300</pubDate>
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				<title>Greg Dawson</title>
				<link>https://publicaddress.net/system/cafe/onpoint-2009-blithe-part-1/?p=145857#post145857</link>
				<guid>https://publicaddress.net/system/cafe/onpoint-2009-blithe-part-1/?p=145857#post145857</guid>
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						<p>Well it's good to know we can always blame the dead people rather than taking any responsibility ourselves.</p><p>As a person who's going to have to live through the effects of the last 20-30 years, thanks a bunch.</p>
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				<pubDate>Thu, 17 Dec 2009 13:58:53 +1300</pubDate>
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				<title>Lucy Stewart</title>
				<link>https://publicaddress.net/system/cafe/onpoint-2009-blithe-part-1/?p=145855#post145855</link>
				<guid>https://publicaddress.net/system/cafe/onpoint-2009-blithe-part-1/?p=145855#post145855</guid>
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						<blockquote><p>David Thomson of Massey University... Apparently it finds that the thieves are the generation born 1920 &ndash; 1940, rather than the baby boomers.</p></blockquote><p>Weren't they mostly busy having rationing and dying in world wars? Unless you count the expenditure on WWII and its aftermath, and I'm inclined to give them…</p>
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				<pubDate>Thu, 17 Dec 2009 13:43:46 +1300</pubDate>
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				<title>Christopher Nimmo</title>
				<link>https://publicaddress.net/system/cafe/onpoint-2009-blithe-part-1/?p=145853#post145853</link>
				<guid>https://publicaddress.net/system/cafe/onpoint-2009-blithe-part-1/?p=145853#post145853</guid>
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						<blockquote><p>David Thomson of Massey University... Apparently it finds that the thieves are the generation born 1920 &ndash; 1940, rather than the baby boomers.</p></blockquote><p>What an astonishing revelation! Because of course Mr. Thomson wouldn't be a baby-boomer himself! <em>By no means!</em></p>
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				<pubDate>Thu, 17 Dec 2009 13:39:29 +1300</pubDate>
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				<title>Gareth Ward</title>
				<link>https://publicaddress.net/system/cafe/onpoint-2009-blithe-part-1/?p=145852#post145852</link>
				<guid>https://publicaddress.net/system/cafe/onpoint-2009-blithe-part-1/?p=145852#post145852</guid>
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						<p>Firstly, I'm not sure we should be complaining that real spending on public services will decline over time &ndash; I prefer it to the alternative myself.  <br />You want to maintain spending growth?  Then pitch for tax rate increases to go with it.  Anything else is irresponsible avoidance.</p>
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				<pubDate>Thu, 17 Dec 2009 13:39:26 +1300</pubDate>
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				<title>Andre</title>
				<link>https://publicaddress.net/system/cafe/onpoint-2009-blithe-part-1/?p=145838#post145838</link>
				<guid>https://publicaddress.net/system/cafe/onpoint-2009-blithe-part-1/?p=145838#post145838</guid>
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						<p>At least inter-generational theft is being discussed openly especially by commentators like Bernard Hickey. The definitive work on this was done over ten years ago (1996) by David Thomson of Massey University &ndash; he published a book calledf "Selfish Generations" on the issue (hat-tip to Sacha).<br />Apparently it finds that…</p>
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				<pubDate>Thu, 17 Dec 2009 13:07:30 +1300</pubDate>
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				<title>Islander</title>
				<link>https://publicaddress.net/system/cafe/onpoint-2009-blithe-part-1/?p=145821#post145821</link>
				<guid>https://publicaddress.net/system/cafe/onpoint-2009-blithe-part-1/?p=145821#post145821</guid>
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						A 'babyboomer' ( I seriously hate that term &ndash; and all the snivelling that goes on about wickedly greedy babyboomers even more) is anyone born post-1945.
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				<pubDate>Thu, 17 Dec 2009 12:13:34 +1300</pubDate>
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				<title>Kyle Matthews</title>
				<link>https://publicaddress.net/system/cafe/onpoint-2009-blithe-part-1/?p=145817#post145817</link>
				<guid>https://publicaddress.net/system/cafe/onpoint-2009-blithe-part-1/?p=145817#post145817</guid>
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						<blockquote><p>How much we borrowed in 2010 is going to be the least of our problems &ndash; most of the urbanised nations of the world are going to have big problems making their payments by then.</p></blockquote><p>You should write Xmas cards y'know. Or maybe sympathy cards: "Think you've got it bad?…</p>
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				<pubDate>Thu, 17 Dec 2009 12:04:52 +1300</pubDate>
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				<title>Rob Stowell</title>
				<link>https://publicaddress.net/system/cafe/onpoint-2009-blithe-part-1/?p=145813#post145813</link>
				<guid>https://publicaddress.net/system/cafe/onpoint-2009-blithe-part-1/?p=145813#post145813</guid>
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						<blockquote><p>"little boy who cries wolf, again"</p></blockquote><p>Easy to forget the-little-boy-who-cried-wolf was <em>right</em> in the end. Not that he got to gloat ;)</p>
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				<pubDate>Thu, 17 Dec 2009 11:53:07 +1300</pubDate>
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				<title>Rich of Observationz</title>
				<link>https://publicaddress.net/system/cafe/onpoint-2009-blithe-part-1/?p=145812#post145812</link>
				<guid>https://publicaddress.net/system/cafe/onpoint-2009-blithe-part-1/?p=145812#post145812</guid>
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						<p>Those debt numbers are just numbers really. In the real world, the management of the economy should have three aims:<br />&ndash; to ensure everyone who wants a job has one, and for a fair wage<br />&ndash; to provide a decent level of public services, pensions and benefits<br />&ndash; to maintain…</p>
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				<pubDate>Thu, 17 Dec 2009 11:51:55 +1300</pubDate>
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				<title>Richard Kyle</title>
				<link>https://publicaddress.net/system/cafe/onpoint-2009-blithe-part-1/?p=145809#post145809</link>
				<guid>https://publicaddress.net/system/cafe/onpoint-2009-blithe-part-1/?p=145809#post145809</guid>
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						<p>"Don't you think we've got enough real problems to deal with, without getting into "little boy who cries wolf, again" mode?"</p><p>Yep plenty of problems...but, you know, Tim Grosser (if I remember correctly) stating on NatRad that it'll be looked at again post election gives that boy nervous bowel movements</p>
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				<pubDate>Thu, 17 Dec 2009 11:44:15 +1300</pubDate>
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				<title>Craig Ranapia</title>
				<link>https://publicaddress.net/system/cafe/onpoint-2009-blithe-part-1/?p=145807#post145807</link>
				<guid>https://publicaddress.net/system/cafe/onpoint-2009-blithe-part-1/?p=145807#post145807</guid>
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						<blockquote><p>and I guess the sometimes talked about state asset sale post next election will be a shot in the arm for books in the short term but will (most?)probably stuff NZ in the longer term.</p></blockquote><p>Richard: Don't you think we've got enough real problems to deal with, without getting into…</p>
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				<pubDate>Thu, 17 Dec 2009 11:39:37 +1300</pubDate>
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				<title>Paul Campbell</title>
				<link>https://publicaddress.net/system/cafe/onpoint-2009-blithe-part-1/?p=145798#post145798</link>
				<guid>https://publicaddress.net/system/cafe/onpoint-2009-blithe-part-1/?p=145798#post145798</guid>
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						<blockquote><p>Get serious about being a high-value exporter of this century's stuff. Not dairy and jobs and land.</p></blockquote><p>really that's it &ndash; we need a system that rewards capital gains from investments that grow the economy rather than ones from capital that sits idle for 30 years. That way our kids…</p>
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				<pubDate>Thu, 17 Dec 2009 11:10:44 +1300</pubDate>
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				<title>Sacha</title>
				<link>https://publicaddress.net/system/cafe/onpoint-2009-blithe-part-1/?p=145792#post145792</link>
				<guid>https://publicaddress.net/system/cafe/onpoint-2009-blithe-part-1/?p=145792#post145792</guid>
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						<blockquote><p>Too much blowing?</p></blockquote><p>Heh</p>
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				<pubDate>Thu, 17 Dec 2009 10:34:38 +1300</pubDate>
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				<title>Sacha</title>
				<link>https://publicaddress.net/system/cafe/onpoint-2009-blithe-part-1/?p=145790#post145790</link>
				<guid>https://publicaddress.net/system/cafe/onpoint-2009-blithe-part-1/?p=145790#post145790</guid>
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						Get serious about being a high-value exporter of <em>this</em> century's stuff. Not dairy and jobs and land.
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				<pubDate>Thu, 17 Dec 2009 10:34:12 +1300</pubDate>
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				<title>Lyndon Hood</title>
				<link>https://publicaddress.net/system/cafe/onpoint-2009-blithe-part-1/?p=145789#post145789</link>
				<guid>https://publicaddress.net/system/cafe/onpoint-2009-blithe-part-1/?p=145789#post145789</guid>
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						<blockquote>And why is the pie stagnant in the first place?</blockquote>Too much blowing? No?
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				<pubDate>Thu, 17 Dec 2009 10:33:04 +1300</pubDate>
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				<title>Angus Robertson</title>
				<link>https://publicaddress.net/system/cafe/onpoint-2009-blithe-part-1/?p=145783#post145783</link>
				<guid>https://publicaddress.net/system/cafe/onpoint-2009-blithe-part-1/?p=145783#post145783</guid>
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						Cut super or extend minimum age out to 75 for women and 70 for men.
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				<pubDate>Thu, 17 Dec 2009 10:24:45 +1300</pubDate>
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				<title>Sacha</title>
				<link>https://publicaddress.net/system/cafe/onpoint-2009-blithe-part-1/?p=145761#post145761</link>
				<guid>https://publicaddress.net/system/cafe/onpoint-2009-blithe-part-1/?p=145761#post145761</guid>
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						Quite. Let's sell even more revenue-generating assets and export the profit overseas.  That's ambitious.
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				<pubDate>Thu, 17 Dec 2009 09:21:24 +1300</pubDate>
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				<title>Richard Kyle</title>
				<link>https://publicaddress.net/system/cafe/onpoint-2009-blithe-part-1/?p=145760#post145760</link>
				<guid>https://publicaddress.net/system/cafe/onpoint-2009-blithe-part-1/?p=145760#post145760</guid>
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						and I guess the sometimes talked about state asset sale post next election will be a shot in the arm for books in the short term but will (most?)probably stuff NZ in the longer term.
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				<pubDate>Thu, 17 Dec 2009 09:19:05 +1300</pubDate>
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				<title>Sacha</title>
				<link>https://publicaddress.net/system/cafe/onpoint-2009-blithe-part-1/?p=145759#post145759</link>
				<guid>https://publicaddress.net/system/cafe/onpoint-2009-blithe-part-1/?p=145759#post145759</guid>
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						<p>To be fair, "they" is all voters who bought the "ambitious future, no downpayment now" line that shaped their major voting options of both hues.</p><p>And perhaps didn't pay enough attention to the track record of those they voted into power and those pulling their strings.</p>
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				<pubDate>Thu, 17 Dec 2009 09:17:16 +1300</pubDate>
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				<title>Ana Simkiss</title>
				<link>https://publicaddress.net/system/cafe/onpoint-2009-blithe-part-1/?p=145758#post145758</link>
				<guid>https://publicaddress.net/system/cafe/onpoint-2009-blithe-part-1/?p=145758#post145758</guid>
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						Mmmmm, stagnant pie, washed down with shitty coffee. Thanks boomers!
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				<pubDate>Thu, 17 Dec 2009 09:01:41 +1300</pubDate>
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				<title>andin</title>
				<link>https://publicaddress.net/system/cafe/onpoint-2009-blithe-part-1/?p=145757#post145757</link>
				<guid>https://publicaddress.net/system/cafe/onpoint-2009-blithe-part-1/?p=145757#post145757</guid>
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						<blockquote><p>Babyboomer will take a bite from both ends: They will draw down an increasing amount in superannuation. They will eat up an increasing share of a stagnant pie.</p></blockquote><p>Well there is always the option of revisiting these to items in NZS.</p><blockquote><p>•	no asset test<br />	•	unrelated to past earnings'…</p></blockquote>
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				<pubDate>Thu, 17 Dec 2009 08:37:44 +1300</pubDate>
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				<title>Craig Ranapia</title>
				<link>https://publicaddress.net/system/cafe/onpoint-2009-blithe-part-1/?p=145750#post145750</link>
				<guid>https://publicaddress.net/system/cafe/onpoint-2009-blithe-part-1/?p=145750#post145750</guid>
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						<blockquote>This is not the worst possible scenario. It would be worse if National continued spending and left nothing but debt behind. That'd be worse. If we carried all the costs now and made deep cuts to services or steep hikes in taxes, that might be fairer, but it would be…</blockquote>
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				<pubDate>Thu, 17 Dec 2009 06:42:27 +1300</pubDate>
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				<title>Public Address</title>
				<link>https://publicaddress.net/system/cafe/onpoint-2009-blithe-part-1/?p=145749#post145749</link>
				<guid>https://publicaddress.net/system/cafe/onpoint-2009-blithe-part-1/?p=145749#post145749</guid>
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						<p>Discussion from blog post.</p>
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				<pubDate>Thu, 17 Dec 2009 06:42:27 +1300</pubDate>
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