I realise today that we came off as cynical about the job summit. Jobs are important, and there are issues that businesses and the economy have to work through. However, the type of discussion we saw through the Herald today was not the sort of thing that we were hoping for: The biggest issue seems […]
And some more … Other ideas include: * $10,000 interest free loans to new house buyers; * Government-funded crisis managers to help companies in strife; * A fund from the sale of government bonds to add liquidity to the consumer finance market; * Tax holidays for struggling businesses; and * The Government offering loan guarantees […]
Or at least that was a suggested option in the latest update … Some of the ideas written on white boards around the conference centre include: * Encouraging workers to take unpaid leave. * Easing up on immigration * Clarifying the carbon trading scheme * Supporting businesses to develop hedging capability * Giving tax exemptions […]
This from Laila Harre at the Job Summit: Ms Harre said people also need to keep in mind the “hidden redundancies” amongst the casual work force. She said workers in the casual sector who leave are simply not replaced and that amounts to a redundancy. People leaving jobs and leaving the workforce are fundamentally different […]
Excuse my cynicism – but I’m relatively unimpressed with the piles of rhetoric coming out of the summit. In the latest update we hear: Economic Development Minister Gerry Brownlee said there were two key messages coming out of the discussions he had been involved in at the summit today: the need to cut red-tape and […]
There is a large set of people saying that macroeconomists have just ignored what they have researched over the last 30 when trying to deal with the recession. In fact, many of the posts I have written could be seen as tacitly agreeing with this point of view. However, my answer to the posted question […]