No Right Turn on Labour’s savings policy

Malcolm Harbrow isn’t happy with Labour:

Labour is trying to spin its threat to raise the retirement age as a “hard and ballsy” decision to do what is necessary to balance the books. But this is bullshit. To point out the obvious, we are running deficits now. Labour is threatening to raise the retirement age starting in nine years. This does nothing to help us now (but may give people like Don Brash a thrill).

So, its not about getting us out of our current fiscal hole. So what is it about? I can think of two obvious options. One is that raising the retirement age in the future will provide political cover to loot the Cullen Fund now, providing free money to balance the books by spending our savings. The other is that its a cynical, calculated ploy to wedge National against their own base while driving voters to Winston, who is Labour’s only hope of government. Winston, of course, will veto any increase as the price of his support, so its an empty threat, purely for show, dishonest as well as evil.

So definitely not happy, but he continues:

…Labour betraying the young for the benefit of its aging frontbench.

Ouch!


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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.

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