FIRST WITH YESTERDAY'S NEWS (highlights from Monday on Newstalk ZB) What Exactly Happened with GST?/Other Numbers That Are Up/What Do Councils Actually Do?/All That Tyre Talk/On or In?
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Hello, my beautiful beanies, and welcome to the bean for Tuesday. First with yesterday's news, I am green Hart, and we are looking back and Monday. We've got a bit of wash up the GDP for the last week.
What do you?
I wrote a who a counselor tells the truth? Just refreshing. Marcus tries to understand if one and and Tyler really dig down into why you say on sometimes and other times, so I know you'll be hanging around for that at the end of the podcast. But first up, the U n S is GST is not very fair. It's going on here.
We're getting up early, we're going to work, we're doing our bit, and they were squandering tax money, just burning it at a rate of knots with very little to show for it. You're always going to get people who say no, the government is spending money on projects I don't agree with. I don't want my tax going to that. But I think the last government, the last labor government, rarely took it to the nth degree and that's when you start resenting paying taxes. You don't want that in a society. Can you tax your way to affair a society? I really don't think you can. You can certainly create an environment where those who cannot work, who need assistance get it. You can create an environment where it's easier for people to do business, to get work, for businesses to do well. I think the more you make it complicated and try and write iniquities, the more room there is to evade tax, to avoid paying it all together. I'd love to get your thoughts on this GST. Most countries have it because it is a way of addressing the black economy. Is that enough justification to maintain it?
I vaguely remember it coming in and it was going to be the end of the world, and you know, and then it came in and was it twelve and a half percent or was it only ten percent? When it see how you just forget and then slowly it creeps up and up, and of course you don't complain about it quite so much when it just goes up from what it was, because you know, things just go up, don't they. It's interesting something, it is something to think about. Still that away in the back of your mind. Next time the government says, oh, it'll be fine, you'll hardly even.
Notice news talk Zi been.
While the GDP, as we learned last week, is creeping up enough. Andrew must have been thinking about this while he was out tramping last week.
And we got some tax cuts, which was that the right thing to do at the right time. Ran O'Sullivan six weeks ago described the tax cuts as badly timed. It meant we weren't paying back debt. We're still struggling just to pay the interests. So, as Paul Waxham has now described, we had an excessive pandemic reaction followed by an excessive inflation reaction. Now, all the stuff that all the parties did is technically correct in macroeconomics, and this is easy to criticize the twenty twenty hindsight, but it has been as though the left hand and the right hand doesn't know what each other are doing, which means it was tough, which means now our recovery will be slow. All the parties claim they are the prudent fiscal managers, and all reserve bank governors claim the same. But if you look back over the past five years, that's simply not been true. They've been working against each other and we did it hard. And the reason I mentioned all of this is because we need to learn from this unless we want to keep on reeling from boom to bust over and over again.
I think that is what we do want to happen, because otherwise, why would it keep happening. It's been happening for a very long time now, and I think we've all just decided that that's what we're like us talk sid so our local body elections this year. What an exciting time to be alive. But there's a counselor in Rhoderua who's caught Ryan's attention because she's not standing this yet.
This is her exact quote. I have so far failed to achieve anything meaningful for my people during my time on council. I believe my time and efforts would be best placed elsewhere. I know how shockingly refreshing. And there's plenty more from the honesty box from counselor Kittiopa. She had a specific goal in mind when she ran for counsel. This was around housing for her farno and her EWE and she was asked about this, and this is what she was quoted as saying, quote I failed spectacularly end quote. Brilliant, absolutely brilliant. Too often people in power, particularly local government, have no idea how shite they are at their job. This is a counselor who knows she's no good, but instead of sucking at something and continuing to do it for another twenty years, Larni Kittyopa has hit us with the honesty stick and I like the feeling. Same refreshing honesty from Mark Sainsbury a few weeks back. You might remember that there was talk he was going to run for mayor of Wellington and Nick Mills asks him, are you going to run for mayor? He responds again, I'd quote the guy if I thought I could help Wellington, if I genuinely thought that, I'd do it in a nanosecond. I've never run a business. I've never run a large organization. As much as I love the idea of it, and I probably would love to do it. You've got to be honest with yourself about what your skills are. Sainso add honest and top bloke to your CV. Just today, the commissioner appointed to babysit Wellington City Council. He comes out, he reckons we need an overhaul of the Local Government Act quote in relation to the qualification for and capability to hold office. In other words, make it harder for twits to run for council. We'll have more on that after five. But none of this would be necessary if we had more brave souls like Laranni Kittioppa, who, in standing down, has demonstrated more character, more promise, and more potential than all those underachievers around her who refuse to admit the truth there crap.
Yes, So I think this is what I've been calling for for a while now. If nobody stands for any of these councils anywhere, can we just get rid of them all? Or should it be like Jerry Dudy where you just have a rotation of citizens who have to have to be on the council for at least one meeting. Anyway, right, of course, we're all trying to learn how if one works. Now that we've got a new Zealander trying to do it, I think he's.
Going to learn a few things as well.
It really have given a results so far, Marcus, He's really trying to get to grips with it. But I don't know that he is.
By the way, the hype got the better of me. I did watch the Grand Prix last night.
It was.
Gee.
They they go on a lot about the tires, don't they hard tires, medium tires, cheap as creepers. It's all about the tires, about the tires, and how hot, how hot it is? Well, temperatures dropped eight degree since they've been racing. Man, all those people in alongline looking at their screens. I don't know what they're doing. Look at the tires.
I guess, yeah, it's weird how they don't last. They certainly don't last. Jan If you if you had to change your tires every couple of hundred of k's, did they even make it that back? Think of it? Tulous Alpha mats, casually tires. I think this is top of mind for me because cas is one of our cars given for as suit as a specially massive guys. Because of the change your tires for a long time, that's going to be pricing, probably not surprising as its own tires news talk has it been actually speaking of cars? They must have been speaking of cars day afternoon with Mett and Tyler because somebody asked this question.
Secondary question, just come through on nine two nine two. How come you can be on a bus but not on a car?
Oh, good question.
These are the deep questions that get you get on a train. Yeah, you get on a bus, you get in the car, you get on a bike. What else you get on a plane?
The other plane?
You only yeah, you get You're not on a car. You're in a car board. A scooter is the only thing you get in in a car. You only get into a car. You're in a house unless you're on it.
Yeah.
Yeah, so in a house, but that doesn't move. If you see you're on a house.
You're in a caravan.
You're in a caravan.
Yeah.
So that's something we'll get to the bottom of us. That's a key question on top of the other question. This is really really messing with my mind here. Just someone sent a text. It's really to raph the conversation that you get on a bus and you get on a train, but you get in a car. This person says, you're on death row, but.
You're in prison.
Man. This is deep.
I think generally speaking that anything you walk into because you get on a plane, in a plane. But if it's small plane, would you get in a plane, you will still be on it. If you climb straight into a seat, it's incaus you get into a carriage.
I'm in the plane right now.
But if there's something you can walk around on to find your seat, then it's you get on. Yeah, that makes sense.
I think.
I think it's as good as we've got so far. We're still going to do some digging on this.
Yeah, but that doesn't quite work for your on death row.
Yeah.
Yeah, but you're in prison.
You get on a boat, you you get on a bus, train, boat, because you literally walk on, says this text. You don't step into a car. That's that's that's a that's a good point, all right.
So I assume they spent the entire show. I'm going to figure that out. I'm glad they did. In the end. It's going to stay with you now, isn't it for the rest of the day. Sorry, I feel like I feel passionly responsible now. I wonder if i'll continue it's a little bit more on it or in it. That's afternoon anyway, I'll be back with more tomorrow. Thanks for being in my podcast.
I was on it us, Talking Talking zid Bean.
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