Posts by Steve Barnes
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OnPoint: Budget 2011: Radioactive Space Donut, in reply to Joshua Arbury,
Reinforces my feeling that we certainly spend enough money on transport, we just tend to spend it on stupid stuff.
The Highway to Hell is paved with our gold.
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Southerly: That CERA Rumour, in reply to Lilith __,
And free loan bikes for those who wanted to cycle around instead, based on the Parisian model.
See above.
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I heard everyone was going to get a pony.
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OnPoint: Budget 2011: A Credible Path to…, in reply to Keith Ng,
Because inflation is going to go mental, as a result of GST plus the wallop of Christchurch spending.
As I Said Earlier That 4% wage rise is not adjusted for inflation, it's the reason for it and this lot are relying on that fact to introduce real cuts by stealth.
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@ Sacha
Ahem - been over here for a lil while.
Oh, I see now. Still, did you like the song?
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The 2009 transport expenditure is due to two departments being merged into one. Transit New Zealand and Land Transport New Zealand’s assets were “liquidated” and then transferred to NZTA. This would also show up in Treasury income data.
As far as mistakes go I figure this is just an anomaly of their method of accounting asset transfer to a new department from departments that no longer exist.Meanwhile, back at the ranch. As it’s nearly Friday something to listen to while we wait for Keith’s analysis.
Paddy McAllon at his best… look out for the blinding banjo. -
I note that "Walking and Cycling Facilities" has had cuts to funding two years running now. So much for Johnboy's Cycle Path that was going to create so many jobs.
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Works really well in Opera 11.1 too. Well it would, Opera is still the only 100% standards compliant browser, trouble is standards stifle innovation but they shure make life easier most of the time.
That 2.3 Billion seems to be NZTA created in 2008 by merging Transit New Zealand with Land Transport New Zealand. This figure would be the transfer of funding from the two existing departments.
ETA Opera also has auto refresh settings and too many features to list on a single website let alone a thread.
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I can see this budget being a "Do nothing but shift the deckchairs" budget. What we will get will be financially neutral and achieve nothing in itself. What will happen though is a big spike in inflation which will, in turn, effectively lower Government expenditure. Wages will rise but then so will the cost of living, the Dollar will drop in value compared to Asian and European currencies but continue to gain over the US Dollar ensuring an increase in fuel prices over an extended period.
This is great for those with large mortgages as the real cost of repaying that mortgage will be eaten up by inflation. However, this will lead to more expensive borrowing for businesses and GDP will stagnate or fall and our overseas debt will continue to rise.
Fail.
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Southerly: That CERA Rumour, in reply to Emma Hart,
it’s fucking Stepfordy.
Emma I don't like your tone. I, for one, as a member of the Men's Club, feel that you do not appreciate the true beauty of our fine town and are long overdue to report to the Town Hall Medical Centre.