NEW ZEALAND INDEPENDENT COALITION MEDIA RELEASE
Strong economy? Yeah, right!
Today’s figures from Statistics NZ proves that National is appallingly inept at managing the economy - it is anything
but strong.
“As a nation, New Zealand spent $2.0 billion more than we earned in the June quarter. Disastrously that is over triple
the deficit in the previous three months,” said Brendan Horan. He was commenting on the release of the current account
deficit and related information today.
“National is driving the boat in totally the wrong direction. At a time when we have to be exporting more, the actual
value of exports fell over a range of commodities including dairy - which is meant to be the lead singer in a so-called
‘rockstar’ economy.
“What we are seeing is an absence of vision from the old political parties. Voters are asking, Where is the plan?
“The NZ Independent Coalition has a plan. The first step is for a Ministry of Job Creation to be established. It will
isolate skills and competencies that will be valued in 2020, so we are able to provide educational pathways to upskill
children young people and existing workforces. Higher skills equates to greater productivity which means employers can
pay higher wages. The second step is a Financial Transaction Tax on banks and foreign exchange speculators, to earn $9.5
billion per year - more than enough to boost pensions and create an environment for a zero-fees model in tertiary
education with planned placement and bonding.
A party vote for NZ Independent Coalition is a vote for a plan for New Zealand - for a country with jobs for all and
with safe children, safe families, and a safe society,” said Brendan Horan.