Inflation jumps to almost 6 %

[Oh_hunnihunni]

Infrastructure? Oh rubbish. All around my suburb, new social housing units are going up. We still have shiploads of new vehicles arriving, even if cat food is short.

This is capitalism at work. The market responding to demand. Isn't that what you Nats want to happen? Or do you need a profit on saving lives as well?

But the government didn't pay for the new houses or new cars did they?  Sorry just saw it was social housing- but how much was planned by the prior government?  Of the 8500 houses added to HNZ stock under this govt approx 3500 are new of which 2500 were planned under the last government and a further 5000 bought on the open market in direct competition of first home buyers.

Approximately 7 billion was spent on wage and business subsidies yet overall debt spiraled by 100 billion.  No new roads, no new train tracks, no new hospitals, no extra ICU beds.  Just massive debt.

The government does pay for social housing. Via taxation. Which comes from the high employment rate and our excellent overseas earnings.

As for spending, if you bother to look, plenty of that is going on. New trains are running on the tracks, new highways are underway, new spending is happening in our health system, including $644m on icu beds...

https://www.rnz.co.nz/news/national/4570...d-covid-19