top of page
Search

GOVT policy driving NZ into Bankruptcy

Current policy has driven 35% of the population on to social welfare.

Will it Bankrupt Govt and Business.

The 2026 Budget will need to be a game changer.

Gerald Mullaney

14 August 2025

It maybe that after 60% tax on incomes including all the many taxes it maybe deemed that work does not pay.


Govt need to incentivize work and producing goods and services its needs to penalize couch sitters.


Why does work not pay it does not pay because the govt different taxes leave only enough money to pay the rent and some expenses a lot of household budgets are running at a deficit meaning they cannot pay all the weekly expenses.


Therefore what happens is that people go into debt, maybe the local pawn shop for those with no credit, credit cards with interest rates at 30%


Herein lies the road to the cliff and many people are falling over the cliff down to meet the sharks.


No wonder people are flocking and abusing social welfare.


The view is that once the govt has realigned the social policy benefits will be cut by 50% and the super will be means tested.


So if your sitting on the couch every day playing video games or on the play station you better get educated and get a job as your days are numbered


Make NZ work again

 
 
 

Recent Posts

See All
Yawn or jolt

Gerald Mullaney 26 Nov 2026 The question is will the RSBNZ give the economy a huge jolt to liven up the economy today 26 Nov 2025 The view is a 50 basis point cut is possible today if the RBNZ is seri

 
 
 
OCR Pathway is now clear

Gerald Mullaney 21 August 2025 The view is the OCR will reach a low of 2.50% by Nov 2025 From Nov 2025 there will be no further OCR...

 
 
 
Decision made slow is the go

Today 20 AUGUST 2025 the RBNZ decided to keep there foot at the throat of the economy Gerald Mullaney 20 August 2025 What it means they...

 
 
 

Comments


Copyright 2025 © thinkr Publications NZ Limited.

bottom of page