It seems that the tradition of the National Party leader selling out the party’s constituents whenever it conflicts with Liberal Party policy is alive and well.
A National Party think tank came up with the stunningly obvious idea of using T3 proceeds to pay for bush broadband rollouts But John Anderson has nixed the idea – apparently he thinks the private sector can do it better.
Continue reading “The private sector will never roll out broadband to the bush”
Bush is proposing a 2.5 trillion dollar budget. Supposedly, this manages the following:
- it is the “president’s most austere budget to date”
- it pushes the US federal budget deficit to “a record $427 billion”, and “is the third straight year the Bush administration will have set, in dollar terms, a deficit high.”
Continue reading “I must be missing something”
Interesting article in the New York Times on how GW Bush is looking to reshape the American tax break.
Continue reading “There’s more to managing an economy than lowering taxest”
I can’t believe I’m writing about this, but here goes…
Offshoring is part of a continuing trend of economic displacement. In its current form, it’s been going since about the mid ’70s, when cheap bulk transportation (ocean-going cargo ships) combined with an increase in industrialisation in undeveloped countries (specifically: Japan and Taiwan at the time) started to result in manufacturing jobs heading to cheaper countries. This trend continued, and now the vast bulk of manufacturing work occurs along the Asian Pacific Rim (though I’d expect Africa to pick up if the political situation there ever stabilises).
Continue reading “When offshoring can work”