So now we know...

[rainman]

...how much a personal guarantee from John Key is worth.

Bet all you geniuses who voted for "the tax cut party" are feeling really smart now, huh?

[James Deuce]

Anyone who votes for a political party purely on the basis of "promises" deserves the resulting gaping anus.

Anyone who does it twice should never be allowed to vote again.

[Mully]

I got a tax cut in April.

And I think more people voted against Liarbour than voted for National

[NighthawkNZ:Me]

i got a tax cut... more than i got from labour in 9 years

national didn't win... just that labour lost

[Maha]

...how much a personal guarantee from John Key is worth.

Bet all you geniuses who voted for "the tax cut party" are feeling really smart now, huh?

I happen to think hes alright but, and naturally, his pre-election policies were just that...pre. What would you expect from a person who desperately wanted the Prime job? Say whatever it takes, once in power, you can change the game plan. Mr Keys applauds Bad Boy Bill..its all his fault anyway eh?..

[steve_t]

...how much a personal guarantee from John Key is worth.

Bet all you geniuses who voted for "the tax cut party" are feeling really smart now, huh?

Who'd you vote for? The party that systematically fuct the country over 9 years and intentionally hid a $1.5b deficit in the ACC non-earner account just before elections? The same one that also decided to pay $500m out of the government coffers for the treelord thingy when they knew they were about to lose the election etc etc etc. Or did you vote for the Bill & Ben Party?
We should be glad we got any tax cuts at all after Labour left us royally screwed. So don't blame the 'tax cut party' for not being able to give us tax cuts.
Rant rant.
Standards and Poors just upgraded the outlook for the country so they must think the budget looks pretty alright. You can only do the best with what you're given.
That said, not sure about their decision on super. Guess we'll see in the years to come

[James Deuce]

Standards and Poors just upgraded the outlook for the country so they must think the budget looks pretty alright. You can only do the best with what you're given.
That said, not sure about their decision on super. Guess we'll see in the years to come

Now for interest rates to drop.

The super decision is at best a gamble and worst total folly. The number of retirees as a population percentage is about to go through the roof.

[paturoa]

...how much a personal guarantee from John Key is worth.

I dont recall a personal guarantee, can you please provide linky.

[cowpoos]

...how much a personal guarantee from John Key is worth.

Bet all you geniuses who voted for "the tax cut party" are feeling really smart now, huh?

Get you fricken head out of the sand you fool!!! I'm glad genius's like you don't have anything to do with politics!!

[Trudes]

Tell me I don't know anything, but....
it seems to me that possibly just possibly when Key/National made "promises" of tax cuts the extent of the financial recession was not fully known. Now that it is and the Budget was done something had to give in order for the country to not fall into deeper debt, now if that means I don't get an extra $10 a fortnight in my take home pay then so be it. Surely the run on effects for the country being in massive amounts of debt just so they can fulfill pre-election promises is not worth a few extra bucks for those who would actually have benefitted? I don't know, just my take on it, go ahead and tell me I'm wrong.... and why so I can learn. Cheers.

[YellowDog]

It was an interesting budget. Clearly what he thought he could afford before seeing the mess he had been left with plus the global economic changes has meant that it just couldn't be done.

There is definitely egg on his face over this enforced U-Turn however it appears that mostly all have been suprisingly understanding.

I suspect the interest rate drop from 10% - 6% has been of most benefit. For those on fixed rates hopefully they will still get this non-John Key benefit before they haead back up to the unexplicably acceptable 10% rate.

[piston broke]

...how much a personal guarantee from John Key is worth.

Bet all you geniuses who voted for "the tax cut party" are feeling really smart now, huh?

surely,
you didn't really think they could do tax cuts when the world economy is going to hell.

[Maha]

surely,
you didn't really think they could do tax cuts when the world econemy is going to hell.

Thank god (or the National Party) for smokers eh?
That (close on 1 billion dollars in taxes each year) surely must help a wee bit?

[Winston001]

Make the pie higher.

[EJT]

Now politics bores me to death and they are all a bunch of lying tossers who will say anything to get votes, but I must say I have some worries about the aging population of this country and whether the gov can afford to pay Super in the future given suspension of the Super Fund and Kiwi Saver changes that make it less attractive to save (so people won't).

Should be a real problem around the time I retire - great. Maybe I should start making some overdraft applications to Westpac