Wednesday, November 25, 2009

This Country is Poked

So, we now have an emissions trading scheme that will cost the country over $100B. We have residual ACC claims of $24B. We have leaky homes liability that ratepayers will have to pick up of tens of billions of dollars. We have rapidly rising health and welfare costs. And we have a Government that was elected on a platform of economic growth whose flagship project is a cycleway. Does anyone else see the pattern here? This country is facing huge increases in Government spending in years to come to support all these profligate schemes and that spending will not be supported by increased growth and earnings.

I am already planning my early retirement to some warm and peaceful tax haven. I intend to make damned sure I'm not around to foot the bill for all this foolishness.

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