I wonder if this will make the TV news tonight?

[Moi]

not sure what you mean by joining...?

the workforce?
an above average income earning industry?
...?

Was thinking about your industry - why do you think there are no young ones coming through the system?

[mashman]

Problem is retirees need a fair bit of special care and skill sets....

Mechanics to fix their vehicles and toys...
Tradies to maintain their homes ....
Untold individuals to maintain and pay for infra structure...
Hordes of people in all manner of medical professions to maintain and prolong flailing lives...
and lots of undertakers....

Mind you, the reds'll be no better when they get in. You should put as much of your money into your pension as you can and hope that Mr Buffet is full of shit (that's sarcasm by the way... buy guns n bullets coz 99% of the population ain't gonna have no cash)

[Ocean1]

And how the Government will spin it - damning stuff.

http://www.washingtonpost.com/blogs/...ntries-poorer/

So many people try to present effect as cause.

"They explained their findings by pointing out that wealth gaps hold back the skills development of children -- particularly those with parents who have a poorer education background. In other words: A lack of access to high-quality and long-term education among poorer citizens in many OECD countries hurts the economy."

It's not "the system" failing low income earners that cause the economy to contract.

It's low income earners that fail to acquire the education and skills that naturally result in economic growth.

Plenty of excellent jobs in your town Ron, and I know for a fact that there's routinely a shortage of engineers of all flavours up there.

[Ocean1]

Greece and Turkey reduced inequality the most, so now they are economic powerhouses? Oh, wait a minute... funny how that seems to not work out for them.

it is of course true that New Zealand's inequality has increased by some measurements. A considerable part of the cause is because we have the State as the baby daddy for so many hundreds of thousands of women and children who no longer form part of a stable family unit along with a responsible husband/father. Very few politicians and governments ever seem to understand that when you reward bad behaviour you get more of it. When you rob net taxpayers and transfer their income to net taxconsumers by paying people to have children out of such a stable family unit you get more of that activity. And so it goes.

Scrap "accommodation supplementing". It has only made rent prices go higher. It's a round about way of giving investment property owners (read wealthy) tens of not hundreds of millions of $$$ every year.

Cost poor less, less money handed to poor by government and less rent going to wealthy. Sounds like that would slow the equality gap to me.

i am doing allright....
not wealthy, nor poor.
Solution seems to me not as much in lowering higher levels [ very relative ]
but more in bringing lower levels up....

instead we seem to want to take away from those who are [slightly] better off....

interesting bit in article that caught my attention is that NZ doesn't have any policy/plan in place to educate youngsters of the growing number
of poorer parents...
Industry I am in pays ok....
but has zero young people come through the system....
not a single one..
So you guess who we are allready "importing" to earn these above average wages....?

Why do you think the young are not interested in joining?

I'd hazard a guess that yours is not the only industry in which recruitment of young New Zealanders is problematic...

Think the answer's up there ^ Pay for fuck all and that's exactly what you get.

Let's arsehole the accepted PC crap, unless a valid charity's involved then you stop subsidising perfectly capable Kiwi's, it's an economic cancer.

[Ocean1]

The wealthy need their wealth because they are more important to the economy and invest in "commodities" and "assets" that will further benefit NZ. As we keep being told (especially around the time that tax rises are in the offing), if you remove the ability for the wealthy to make more wealth, they will leave and NZ will be fucked. It's all a bullshit con to keep the sheeple scared that they won't receive their share of the infinite resource that's being portrayed as scarce. Don't believe the hype.

Like this idiot ^. Too many don't believe there's a link between producing and consuming. Parasites. Let 'em starve.

[mashman]

Like this idiot ^. Too many don't believe there's a link between producing and consuming. Parasites. Let 'em starve.

bwaaaaaa ha ha ha ha ha ha ha ha ha haaaaaaaaa... the link is people you narrow minded fuckin muppet, so letting 'em starve is only gonna send us back to the stone age.

[bogan]

"and dramatically reduced the bargaining power – and therefore the share of national income – of ordinary workers"

In leui of an answer, I've come to the conclusion it is all the min wage increases that have decreased the bargaining power (we simply can't compete with china due to this reason alone), but I'm not sure it follows that reducing the miniumum wage would increase the national income share of ordinary workers. I guess if individually they got less, but there were a lot more of them, that would be a higher share though; which would also lead to less welfare, and less taxation, so maybe money in hand would be better of for ordinary workers too.

Too long has the govt assigned min wage based on cost of 'living', and now the ordinary workers are paying for it.

[Ocean1]

bwaaaaaa ha ha ha ha ha ha ha ha ha haaaaaaaaa... the link is people you narrow minded fuckin muppet, so letting 'em starve is only gonna send us back to the stone age.

Correct, that's the natural place for people that produce less than they consume. Good riddance, civilisation would be a far better place without 'em. Again: Fuckem.

[Ocean1]

"and dramatically reduced the bargaining power – and therefore the share of national income – of ordinary workers"

In leui of an answer, I've come to the conclusion it is all the min wage increases that have decreased the bargaining power (we simply can't compete with china due to this reason alone), but I'm not sure it follows that reducing the miniumum wage would increase the national income share of ordinary workers. I guess if individually they got less, but there were a lot more of them, that would be a higher share though; which would also lead to less welfare, and less taxation, so maybe money in hand would be better of for ordinary workers too.

Too long has the govt assigned min wage based on cost of 'living', and now the ordinary workers are paying for it.

Pretty much. Don't matter much whether you increase the productivity or lower the pay, but having more than half of the population spending more than they earn isn't really ever going to fly, now is it?

The thing that get's me is that so many are all shocked and horrified at what was only ever going to be a starkly obvious outcome.

[mashman]

Correct, that's the natural place for people that produce less than they consume. Good riddance, civilisation would be a far better place without 'em. Again: Fuckem.

Enjoy your cave.

[Woodman]

I can't see any poor people.

[pritch]

Plenty of excellent jobs in your town Ron, and I know for a fact that there's routinely a shortage of engineers of all flavours up there.

Well I'm out of the workforce and out of touch but there have been shutdowns and lay-offs in recent times and a probable migration to Oz as a result.

[oldrider]

Thread: I wonder if this will make the TV news tonight? ... Unfortunately Pritch NO it didn't! - Well at least I never saw it at any stage! Bummer eh!

[Ocean1]

Well I'm out of the workforce and out of touch but there have been shutdowns and lay-offs in recent times and a probable migration to Oz as a result.

And I don't live there. But I do have regular contact with several senior industry managers, and rarely do they let a conversation slip by without either offering me a job or asking if I know of any good candidates.

Same most places I visit, a shortage of competent, capable people with valuable skills but no shortage of people struggling to find jobs with limited training and relevant experience.

In the old days they'd be labourers, and reasonably paid, but that whole class of employment is shrinking fast, within a generation there'll be no such thing. Then what?

Learn a marketable skill or be a drain on those that do, it's here already.

[jasonu]

An interesting comment from a departing citizen recently.
"NZ will become a retirement country. You go overseas to earn your wealth and return to retire. Production and manufacture decline is already evident."

For that plan to work one would have to be doing very well in the overseas country of their choice (USA in my case) to expect to survive their last say 30 years in NZ without a pension or any other government assistance. Every day living in NZ is really expensive compared to a lot of other countries, at least twice that of where I live which has a very similar quality of life. Milk, petrol, beer, etc prices in NZ will eat your savings up quicker than you think.