Comments by "Ads Dft" (@adsdft585) on "Budget: Nicola Willis on tax cuts and cancer drugs | Q+A 2024" video.

  1. Farm lending totals 60 billion as at 31 March 24 due to 5 lenders. This year, it grew by 500 m. ( I am not sure of the level of debt to assets but if it is at 25% ( e.g Housing NZ at 25%, the government considers it to be to high) it could to high ( PM thinks this way).
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  2. Growth of the economy has averaged 3.2 % under Labour governments, but under National, it has averaged 2.9%. Statistics Dept. ( last 30 years). There are statistics over time about debt and both parties are similar.
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  3. I just read about farm borrowing. The balance due to the 5 main lenders as at 31 March was 60 billion. The lending grew by 500,000 million in the last year to 31 March 24. This indicates farming owes have what government owes but fewer ways repay their debt but it also an example of banks increasing the money supply . Furthermore it is debt based economics at work.
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  4. The 30th May 2024 was 65 years since Auckland Harbour bridge was opened. Over the period 1950 to 2017 ( 28 years of National and no train track for commuters and travelers from Orewa to Queen Street.) ( also Labour 21 years with short periods as governments prior to 1984).
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  5. Kalmanara community gardens( Ponsonby, Auckland) and OMG organic gadrens ( Eden Terrance , Auckland) good ideas. Why are places like these not part of the budget?
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