I was somewhat surprised when Labour and Greens announced their plans to regulate the electricity prices.The timing of this announcement (i.e. now) will take millions, if not billions off National's partial asset sale pricing, meaning the tax payer loses out.
They will blame that on John Key pushing ahead with the sale, which he's mad enough to do because listening to the public no longer seems to be a requirement for anything our government does.
And the flip side for the Greens and Labour, is they are offering an early election bribe to low income earners that the price of power will be lower after all of their bureaucratic manoeuvrings. It wont be.
The whole plan boils down to Labour and the Greens combining to form some kind of "Hulk". And what does hulk do?
Hulk Smash.
MacDoctor is back with a short lesson on economics.
No Minister: J'accuse
Homepaddock: 70's socialism
Hulk's friend: Iron Man 3
Thanks for the link, Zen. As I point out on my blog , this type of spiteful wrecking behavior is a hallmark of the left. I still recall Cullen gloating about the parlous state of the government books when he left office.
ReplyDeleteGood to see you back with a post MacDoctor - always one of my favourite places to visit.
ReplyDeleteI was glad to see your post explaining things so well, because the issue deserves a lot more focus than my shout into the wind.
And I agree that there is prima facie evidence that the timing of this announcement amounts to deliberate sabotage.
Fancy deliberately trying to destroy the value of government assets in this way. It's incredible.