Steven Joyce’s $11.7 billion hole is now an open cast mine

Photoshopped image credit: Pixy

Steven Joyce was villified when he pointed out that the government’s proposed new spending would leave them with an $11.7 billion hole. Everyone called him out for it. Media people from everywhere ridiculed him. Even business writers refused to give him any credit. He was dismissed as being guilty of political mischief even though, at the time, he was the current minister of finance and probably had more idea of the true situation regarding government spending than just about everyone else.

But everyone else was infected at the time by stardust, and that included economists such as Cameron Bagrie. Here is quote from Bagrie in September 2017. quote.

ANZ chief economist Cameron Bagrie

Bagrie told Newshub there’s no hole.

“But [Labour] don’t have a lot of money to play with in the 2019 and 2020 budgets. They’ve basically computed up front to what they are going to do for three years. That’s fine but the wheels of government still need to turn and be funded.” end quote.

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Face of the day

Doctor who faces inquiry for asking a Muslim to lift her veil says he will quit after 23 years as a GP due to the ‘major injustice’ of the investigation
  • Dr Keith Wolverson was unable to hear the woman talk because of her niqab
  • He was working at the walk-in centre at Royal Stoke University in Stoke-on-Trent
  • The woman said she felt ‘victimised and racially discriminated’ by the doctor
  • Her husband declared he was making a complaint about the GP’s behaviour
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Word of the day

The word for today is…

gullible (adj) – Easily deceived or duped.

Source : The Free Dictionary

Etymology : Don’t fall for anyone who tries to convince you that gullible isn’t entered in the dictionary. It’s right there, along with the run-on entries gullibility and gullibly. All three words descend from the verb gull, meaning “to deceive or take advantage of.” The verb was borrowed into English from Anglo-French in the mid-16th century. Another relative is the noun gull, referring to a person who is easy to cheat—a word which is unrelated to the familiar word for a seabird, which is of Celtic origin.

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Proverbs 25

8 Just because you’ve seen something,
don’t be in a hurry to go to court.
For what will you do in the end
if your neighbor deals you a shameful defeat?

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