Interested in a simple explanation comparing the effects of National vs Labour tax proposals?
Watch this.
Also useful - Paul Krugman's "Pop Internationalism".
New Zealand suffers from a basic macroeconomic flaw - we use way too much overseas capital. We must increase domestic savings. Kiwisaver is one component of such an effort.
And National want to gut it in order to win this election. If you have children aged 12 or less now, they won't be thanking you for this by the time they enter university. Indeed, I expect that it will form a major part in any first year essay on "Why is the NZ economy so fucked up now?" come 2015.
But, hey, Helen Clark is just too annoying - time for a change, right?
Me, I'm going to complete my qualification and position myself to shift to Australia if need be...
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