Posts by Sacha
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Speaker: Doing the right thing on retirement, in reply to Rich of Observationz,
If 25% of the population are going to be retired
the flawed assumption in all this is that people's contribution drops to zero.
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Speaker: Doing the right thing on retirement, in reply to Bart Janssen,
NOT innovation, NOT tech transfer
but NZ's current indequate performance in those areas is wasting much of our good basic research.
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Speaker: Doing the right thing on retirement, in reply to Bart Janssen,
Future creative industries will depend on a knowledge base beyond what we currently call science. I'd like to see a more transparent and rational system for allocating public investment now for future prosperity.
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Speaker: Doing the right thing on retirement, in reply to James Millar,
This needs to be addressed and it's good that it's on the table now.
The last government set up the Cullen fund as part of pre-funding the retirement bulge, as well as KiwiSaver.
Current government promptly cut both yet it seems voters love their short-sighted optimism. Just as with Muldoon trashing Douglas's 1970s scheme and in Winston's 1990s referendum.
If only the pain from that selfishness was more fairly distributed.
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Hard News: We interrupt this broadcast ..., in reply to ,
Do other clips on Youtube work OK for you?
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Speaker: Doing the right thing on retirement, in reply to Bart Janssen,
Or we may somehow transform our economy such that we can afford it to be 60 or 50.
I believe that's Key, English and Joyce's strategy, such as it is. Beans.
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Speaker: Doing the right thing on retirement, in reply to mattgeeknz,
When the government introduced superannuation, and the first to retire got welfare, which is what superannuation is, that was paid for out of the taxes collected from the workforce. They didn't save up for it first.
Government already had an asset base as well as revenue flows. Spending (including superannuation) is leveraged on that asset base as well. All working generations helped build those assets - which is a form of collective 'saving'.
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I have some sympathy for inter-generational arguments but really we all pay to support people in various ways, including superannuation. The current scheme's premises seem outdated and will need to be revisited but it's misleading to talk only about younger people paying to support older ones. There's more to it than that.
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Cracker: Spotted, in reply to JacksonP,
some sort of clique fast-track
dynamic, even
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Cracker: On the trail, pt 1., in reply to Damian Christie,
"see!... See!... See!"
you are so going to enjoy school plays. bravo