The NZ government has run out of money

The NZ government has run out of money

“New Zealand’s level of debt was lower than it was forecasted, he said.

“New Zealand has one of the strongest government financial positions in the world and our government accounts continue to outperform forecasts and this gives us the fiscal headroom to meet the costs of Omicron.”

—Grant Robertson, Minister of Finance

 

Comment: NZ Has Run Out of Money

Guy Hatchard

Guy Hatchard,

22 January, 2022

You may not have noticed this week that our deputy PM Grant Robertson (he who refuses to answer emails about the pandemic because it is nothing to do with him) announced that as things stand there could not be a fourth booster shot.

The reason is more revealing—New Zealand has run out of money.

Covid sure has eaten up the cash.

Grant has spent $64 billion on the pandemic so far (before it has even arrived here) and there is nothing left.

Our annual health budget is a paltry $20 billion, the $64 billion has been in addition to that.

SO THOSE OF YOU WHO WERE THINKING AND BLOGGING THAT THE UNVACCINATED WERE DEPRIVING THEM OF HOSPITAL BEDS MIGHT LIKE TO RETHINK.

Perhaps it is profligate spending on the vaccinated which has led to those long queues for tests and treatments for diseases like cancer (10,500 deaths per year) and heart disease (600 deaths per year and rising).

Just 52 people have died of Covid in NZ during the last two years and most of those few left in hospital are double vaccinated.

If you think the opposition will have a different view, think again.

Deputy leader Simon Bridges (he who tried to be prime minister and failed to excite the populace) chided Grant for not having enough of the readies to spend on those tempting fourth boosters.

Bridges urged Robertson to prioritise funding for vaccines, given the impact this is having on New Zealanders and the economy”.

He is right there, government spending and policy has certainly had an impact on the economy, but why does he want to spend more?

You may be aware that just before Christmas I posted a short video on YouTube about the alarming NZ pandemic spending.

Click on the Video Image above or use this link to watch this video on bichute A Snap Shot of Covid-19 and Economic Statistics in NZ at the End of 2021

After raising 20,000 views in a week, it was taken down because, in the words of the YouTube censorship team, it was not in accord with NZ Ministry of Health guidelines.

If I worked in the Ministry of Health like Director General Dr. Ashley Bloomfield (he who refuses to grant vaccine exemptions to people injured by the first inoculation) I would want to take it down too.

EMBARRASSMENT IS ONE OF THE MOST PAINFUL OF EMOTIONS THAT ANY GOVERNMENT DEPARTMENT SHOULD TRY TO AVOID IF AT ALL POSSIBLE.

Although we now live in a North Korean-style enclave (apologies to North Korea, many of you have written to me that North Koreans have more opportunities than we do), it should not have escaped the notice of our Prime Minister Jacinda Ardern (she who promised never to introduce vaccine mandates and changed her mind a week later) that many of our sister countries like the UK have announced they are ending all Covid restrictions.

Why are our politicians competing with one another to announce further spending on a dead horse?

According to our local rag the NZ Herald (the paper that uncritically Heralds government policy no matter how silly it is) Omicron is here and has been for a while.

Striking a note of alarm, their lead article warned its readers that this will probably lead to a shortage of toilet paper.

They didn’t lead with our record Trade Imbalance—the second half of 2021 stands at $8 billion, nor on the housing market—houses prices up 30% in 2021, nor on our total loss of tourism formerly worth $38 billion per year, nor on the increase in Government debt in 2021 of $19 Billion.

But that really doesn’t matter because Dr. Ashley Bloomfield and our dear Prime Minister are quite rightly looking out for our mental health by keeping these items of disturbing news safely away from us delicate folk in danger of running out of toilet paper.

Long Live the Republic.

Guy Hatchard PhD, is a former senior manager at Genetic ID, a food testing and certification company.

DR GUY HATCHARD: A SNAP SHOT OF COVID STATISTICS FROM NZ FOR 2021

Dr Guy Hatchard PhD on the rollout of Pfizer jabs to Kiwi 5-11 years olds
https://hatchardreport.com/open-letter-to-the-leaders-of-nz-civil-society/

Dr Guy Hatchard PhD is a science-based researcher and was formerly Senior Manager at Global ID, based in New Zealand.

Here he discusses the role of media, and the rollout of Pfizer jabs to children aged between 5 -11 years old, in an ongoing series of occasional conversations with Liz Gunn.

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