Cruel way to tame inflation
With consumption running hot and inflation rising, the Reserve Bank is required to remove money from the market and create a recession.
However it has been done most unfairly as the only people suffering are those with mortgages or other debt.
To spread the pain more evenly, there must be a better way to take money out of the economy and cool inflation.
If the cost of debt could be kept around 3-4 per cent, the productive sector and the country could prosper (with perhaps a little less profits for the banks).
The two fairest ways to remove money from the market would be a temporary increase in tax, especially on higher incomes, or making KiwiSaver compulsory at a considerably higher rate. Recessions and unemployment seem a bizarre, archaic and cruel way to tame
inflation.
Vince West,
Milford.
Public service shortfall
Your correspondents who use terms like “bloated bureaucracy” and “hiring spree” must be ignorant of the fact that the number of public servants per capita in Aotearoa New Zealand (51.6 per 1000 people in 2020) was nearly 20 per cent lower than the OECD average of 63.3 public servants per 1000 people.
The rise in numbers under the Labour Government merely addressed a shortfall that had existed for years. Now it appears we are going back to shortages again.
Bryce Bartley, Auckland CBD.
News cuts
What a sad, scary day for democracy in New Zealand.
Our two main news channels are now either wiped out or virtually neutered, leaving the news door open via social media for all forms of crazy views to be freely espoused to all and sundry.
Given we are already witnessing a dramatic acceleration in the use and scope of these forums, it is alarming to consider there will be only a very limited ability to counter and expose the fake and outrageous tripe that will no doubt very quickly become the norm.
Are we one step away from a government being in a position to set itself up as the only pan-country news service or equally as horrific, an American-based media company re-entering the New Zealand market and assailing us with their weird views on the world?
While both Newshub and TVNZ have their critics, retaining our present news services is light years ahead of the alternatives.
Bary Williams, Sunnyhills.
Moving wallpaper
The axing of Newshub and such thoughtful and worthwhile programmes as Sunday and Fair Go, to be replaced by moving wallpaper, is indicative of the dumbing-down of our society. Taylor Swift and her millions may be mildly interesting but hardly merit featuring as a main news item.
In adverts these days, three words frequently used to attract buyers are “quick, easy and fun”. Unfortunately life is not always quick, easy and fun and to expect it to be so can only lead to disappointment, even despair.
Living successfully can entail some hard thinking, patience and resilience when the inevitable tough bits occur. Perhaps there is a connection here with what seems like a modern epidemic of mental problems; hopelessness leading, tragically, in extreme cases to suicide as a way of escape.
Anne Martin, Helensville.
Seymour and strikes
It was amusing to see David Seymour, Captain Soundbite himself, schooled in the art by a child. He complains of a
student “captured on television” saying “I am literally [sic] going to die from climate change” (NZ Herald, April 10).
The comment may be hyperbolic but hardly more so than the standard Act Facebook post. Seymour’s insistence that students should have protested on their days off misses the point of a “climate strike”.
No doubt he would also prefer that striking workers took action by staying away from work on their weekends — but that’s not how strikes work, is it?
Roy Ward, Freemans Bay.
Defending holidays
One size fits all, yeah nah! I have successfully raised an IT engineer, two teachers and a medical specialist, who also had time out to have a relationship with their overseas grandparents and a holiday to Europe to prove South Auckland was not the entire universe.
With this knowledge I can 100 per cent tell you “cheap airfares” are a backbone to greater education, greater passion and don’t lessen a person. The passion for education must be in the home (it helps a bit if it’s at the school as well).
We should also remember that an uneducated person still has value to themselves and society if they find a constructive life purpose. The truants are really those (of any age) who have closed themselves down to ever becoming more than what they are today.
Randel Case, Bucklands Beach.