Labour's work for the dole scheme

Yesterday Labour launched re-launched re-heated their old 2003 policy which is a subsidised and glorified work for the dole scheme. It didn’t work 7 years ago and it won’t work now especially after they removed youth wages.

When Phil Goff tweeted that the policy was fully costed I cheekily tweeted back at him questioning whether or not it was funded.

Turns out I was right. Their policy is not funded.

The package would cost $251m over four years and would be funded partly by reprioritising $80m from existing schemes, including $58m cut from dole payments. The additional $171m would be paid for out of extra tax revenue netted from the party’s new capital gains tax and top rate of income tax.

Actually, it will be borrowed.  Even on Labour’s heroic numbers, they would be borrowing a shitload more than National is for the next seven years.

We also know that Labour’s vague and volatile CGT (to be sorted out by the expert panel) may not generate anything like the income they believe it would.

Interesting to see ‘reprioritisations’ (ie: cuts).  Labour should tell us what they’re cutting. Aren’t cuts bad?

The administration of this impractical job subsidy also sounds horrendous.  I pity the employers who would have a Government appointed apprentice forced on them – and if bosses are as unscrupulous as Labour always claims – what conditions will be in place to stop an employer gaming these subsidies?

Yet another vague, ‘don’t talk about the details’ policy from Labour and Goff.

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As much at home writing editorials as being the subject of them, Cam has won awards, including the Canon Media Award for his work on the Len Brown/Bevan Chuang story. When he’s not creating the news, he tends to be in it, with protagonists using the courts, media and social media to deliver financial as well as death threats.

They say that news is something that someone, somewhere, wants kept quiet. Cam Slater doesn’t do quiet and, as a result, he is a polarising, controversial but highly effective journalist who takes no prisoners.

He is fearless in his pursuit of a story.

Love him or loathe him, you can’t ignore him.

To read Cam’s previous articles click on his name in blue.