this post was submitted on 19 Jun 2023
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I couldn't disagree more. And I say that as someone who is left leaning and thinks we should all pay more tax. And I have sympathy for the teachers, nurses, firefighters, etc.
But at the moment, NZ's number one priority must be cutting inflation. Otherwise, interest rates keep going up, the price of purchases goes up, and everyone needs another pay rise to keep up. It becomes a vicious cycle.
We're all feeling the pinch right now, but the more money the government pours out at the moment, the worse this crisis gets.
That's an argument relevant to the last year or two of excessive inflation.
Irrelevant to the preceding years of excessively low inflation or the preceding decades of more or less just-right inflation.
There are plenty of other areas of government spending that can take the hit of reduced spending other than the wages of teachers, nurses, and firefighters.