John Key's Top Ten | The Jackal

8 Nov 2011

John Key's Top Ten

Here's Labour's list concerning National's failures as a government:

1.    Unemployment has increased by 50 per cent, leaving 157,000 New Zealanders out of work. 
(Source: Statistics New Zealand, Household Labour Force Survey)

2.    100,000 New Zealanders have left for Australia after he promised he would stop the brain drain.
(Source: Statistics New Zealand, International Travel and Migration)

3.    Prices have gone up nearly four times faster than incomes over the past 3 years. John Key increased prices by hiking GST after promising not to.
(Source: Statistics New Zealand, New Zealand Income Survey and Consumer Price Index)

4.    The first credit rating downgrade in 13 years and a double downgrade at that.
(Source: Westpac, Weekly Commentary: Sign of the times, 3 October 2011)

5.    There are 60,000 more people on benefits costing an extra $1 billion a year.
(Sources: MSD, National Benefit Factsheet and Monthly Benefit Data; and Treasury, Pre-election Economic and Fiscal Update 2011)

6.    The wage gap with Australia has increased by $32 a week.
(Sources: Statistics New Zealand, Quarterly Employment Survey and Australian Bureau of Statistics, Average Weekly Earnings, PPP adjusted)

7.    There are 55,200 15 to 24 year olds not in education, employment or training and the number of young people on the unemployment benefit long term has increased by over 700 per cent.
(Sources: Statistics New Zealand, Household Labour Force Survey, NEETs and Hon Paula Bennett, Question for Written Answer 6058)

8.    The economy has grown by just 0.4 per cent since John Key took office.
(Source: Statistics New Zealand, Gross Domestic Product)

9.    National’s tax cuts for the most well off were supposed to be paid for with the GST. They actually cost an extra $1.1 billion in their first nine months.
(Source: Treasury, Financial Statements of the Government of New Zealand for the year ended 30 June 2011)

10.    The underclass has grown with the number of children living in benefit dependent households increasing by over 32,000 in the past 3 years.
(Source: New Zealand Council of Christian Social Services, Vulnerability Report, Sept 2009 and Sept 2011)

Hat tip Phil Goff