- #1717362paulinem April 22, 2019 at 7:19 pm
Halycon – ahh I find it interesting you moan about the free fees to Tertiary Students, especially as you will be of the generation whose Tertiary Studies was all free, paid by NZ taxes. How come we cannot according to you afford a free fees scheme today, but we were able to find the money for your generation to enjoy a free education if you choose to take it up after your time at secondary school.
I wonder if we could afford free fees back then as we had a fairer more equal taxation system back then. Where as today while we expect wage and salary earners to pay considerable PAYE on earnings, with little to no claims for expenses available. Where as our self employed including speculators of property moaned loudly about the possibility of paying a capital gains tax, and also at the same time enjoying considerable taxation redeductions via expenses claimed#1717364jensMemberMember since: May 3, 2006
Replies: 7618jens April 22, 2019 at 8:37 pm
The simple answer to your question paulinem is, that 70 years ago an arguably too small a proportion of young people going for tertiary study expanded into a many times larger and more costly number and proportion of tertiary students now, in relation to the taxation revenue available.
For basically the same reason we also could not keep up with the increasing demand for state houses and cheap 3% housing loans.
In other words – our capital savings rate did not keep up with the demand for it – and neither banks nor the state can create capital out of nothing, paulinem.#1717365paulinem April 22, 2019 at 9:42 pm
– and neither banks nor the state can create capital out of nothing, paulinem.
Jens I know you find it very hard to acceapt BUT they DO CREATE money out of NOTHING ie a computer entry these days. This is how the trading banks ie ANZ ASB BNZ Westpac lend large sums of money to borrowers today to buy or build homes at over inflated prices…
THEY CREATE Jens in the same way under a Keynesian economy the Government and ONLY the Govt back in those days created money out of NOTHING via the Reserve Bank by printing ( computers were not around then !) or a book entry – created money and thus paid the Mums a family benefit for each child etc etc ie the days of the first Labour govt …its what got NZ out of the 1930s depression and paid for our troops to fight WW Two……….
Jens its time to leave your dream world and come into the REAL WORLD we live in !!! Creating money is fine by the government of the day as long as it is done responsibly and targets internal expenses only. Sadly under our liberal economy the Govts have given the Trading bank the ability to create finance .re the reason our properties are grossly over valued !! And more and more NZers are in crisis trying to pay of a mortgage ( that was created ! ) they cannot afford !!
No Jens there will be NO more posts from me ….as you are a like a dog with a bone …wont let it go your pet topic savings/capitalism- and wont acceapt that money can be created!#1717367halcyonMemberMember since: May 4, 2014
Replies: 4897halcyon April 23, 2019 at 2:21 am
paulinem, I did not go to uni until I was older and therefore had both a student loan to pay off as well as only studying part time as I needed to work part time to cover living costs. There was little time for social interaction, and that was mainly spending time after lectures discussing the material presented.
So if someone really wants tertiary education badly enough they will make the sacrifices needed to ensure they can. There were a number of us that used to spend all night in the computer labs writing up assignments that were due next day.
While some may have a romantic view of uni, in reality it is hard work. In most cases those students who got the best grades were those who did the most work.
A degree is no guarantee of a job. There are many who are coming out of our universities with what can be considered worthless diplomas. What employers want to see is one’s Academic Record, a sheet of paper that lists the grades obtained in each paper. A run of C’s does not attract the same employer interest as a B+ average. Even better if one can get straight A’s
Secondly, when I was at high school there was no open right of access to uni like there is today. The only way in was with UE, and that required fluency in Latin. Therefore there was no chance of me getting in even if I could afford to.
But at least I was better off than Isaac Newton. In his day the pre-requisites were fluency in Greek and Hebrew as well.
There is nothing more valuable than truth#1717371paulinem April 23, 2019 at 8:18 am
Halycon I did the same as you returned to study to get a qualification a Degree in Environment Management. Unfortunately prejudice towards aging has affected my desirability in the workforce etc., and also has my memory as we grownups know happens to us as we get older since I gained my degree, so I was not able to use it as fully as I planned
I was not talking about you personally in my post above, I was talking about “Your generation” received a free tertiary education . As back then generally the NZ society was happy to pay their tertiary study as taxpayers. We could afford it back then as our taxation system was a lot fairer and equal than it is today.#1717426jensMemberMember since: May 3, 2006
Replies: 7618jens April 23, 2019 at 7:42 pm
Printing money “debt free” is just dispossession of wealth or capital from all those who have money or money accounts. It is not new capital creation, the same way as it is not new wealth what someone might steal from his neighbor.
Granting overdraft credit which has to be repaid is not new capital creation – but when you repay that debt you create new capital and wealth ownership for yourself .
Sound and sustainable Keynesian economics is not printing “debt free” money – but public debt creation – which can also become run-away inflation and robbery from the value of money with an inadequate or non-existent public debt repayment rate.
So remember – creation (printing) of money is not creation of capital.
Even you should understand, that printing money is not sustainable wealth or capital creative, unless backed by adequate capital reserves or debt repayment guarantees and without the latter the printed money will soon be exposed as unsustainable fraud and make-believe.#1717437paulinem April 24, 2019 at 9:32 am
I see a political poll by a polling company was taken re legalizing Marijuana or cannabis. Only 20% were in favor of doing this, where as nearly 70% were in favor of Marijuana been available for medical needs.
I am like the 80% in the poll not in favor for cannabis been available to buy at a normal shop etc, But I am in favor of it been available for medical reasons, but only if its grown with a registered growers and is inspected regular that it providing the weed for medical needs only. That a medical practitioner only must authorize its use re (as getting medicine today) for a patient and the cannabis is only a able to purchase via a registered Pharmacy.
When is the referendum happening as to if we should decriminalizing cannabis taking place does any grown up know?#1717443supergoldMemberMember since: May 9, 2009
Replies: 8848supergold April 24, 2019 at 11:08 am
When is the referendum happening as to if we should decriminalizing cannabis taking place does any grown up know?
This may answer your question paulinem
The New Zealand cannabis referendum will be a binding referendum, held at the 2020 New Zealand general election on the question of whether to legalise the personal use of cannabis. The latest possible date for the election and the referendum is 21 November 2020. New Zealand currently provides legal access to cannabis-derived pharmaceuticals to select patients with severe chronic diseases via prescriptions.
Supergold-Wainuiomata (Wellington)#1717456don021MemberMember since: May 15, 2012
Replies: 1723don021 April 24, 2019 at 11:54 am
A university degree is certainly not neccessary to make a good way in the world, but it sure helps to have a good work attitude. I left school at age 15, in the early days of the war I worked at Aucklzand university on military research which gave me an attitude to look deeply at things. Later I had a job which took me all over the world, great experiences. I did attend night school at A.U.T. and obtained a qualificatron which ensured well paying jobs until retirement. One of my sons began his working career in communications, straight from high school. He did well and eventually was on a salary equivalent to $72 an hour. He spent time in Antarctica maintaining the GPS system.Put your nose to the grindstone as the old saying goes, and succeed.I have no financial worries in retirement.#1717458Hero42MemberMember since: July 18, 2008
Replies: 11747Hero42 April 24, 2019 at 1:43 pm
It will be interesting to see what the question or questions are in the cannabis referendum.
I find the poll results mentioned above interesting. I note the poll was commissioned by Family First NZ which is a conservative Christian lobby group.
The poll was carried out by Curia Market Research which is owned by David Farrar who is also a director of the company.
Now I am not saying there is anything wrong with the poll as I haven’t seen it but I find some of the other results interesting. Given there were questions about damage to young brains, driving accidents and job opportunities for cannabis users one has to wonder if the questions supporting the use of cannabis for recreational use and or medicinal use were before or after the other questions and how it was worded.
For a classic example of how opinion polls can be manipulated search for “Survey (Yes, Prime Minister S1E2)” on youtube (sorry the embedded link didn’t work)
That said we have to be careful when comparing polls as some only ask about decriminalisation and some only about medicinal cannabis.
When voting age New Zealanders were asked in July 2017 if they supported “Growing and/or using cannabis for medical reasons if you have a terminal illness”, 59% responded that it should be legal, 22% supported decriminalisation, while 15% responded it should be illegal.
However when they were asked their thoughts on “Possessing a small amount of cannabis for personal use”, 37% responded that it should be decriminalised, 31% responded that it should be illegal, and 28% responded that it should be fully legal.
As I said at the start of this post the wording of the question will be very interesting.
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