Latest / Early Edition with Ryan Bridge / Ryan Bridge: Labour takes a huge election gamble

Transcript

Ryan Bridge: Labour takes a huge election gamble · Early Edition with Ryan Bridge

• 0:00
  Speaker 1: So let's talk about that weird interview yesterday. No, not
• 0:03
  Speaker 1: the one with Winston Peters, the one with Chris Hopkins.
• 0:06
  Speaker 1: He has planted labor in an almost impossible to justify
• 0:10
  Speaker 1: a position on New Zealand Super. Hear me out on this.
• 0:13
  Speaker 1: This was yesterday on Rainbridge, today on Herald Now I'm three.
• 0:16
  Speaker 1: Yesterday he said labor will not change the age of entitlement,
• 0:21
  Speaker 1: will not means test ended. Super will not cut it,
• 0:24
  Speaker 1: will not touch it, and will keep it full indefinitely.
• 0:28
  Speaker 1: Big call, big thing to say. We currently have around
• 0:32
  Speaker 1: four people working to support every pensioner. That will be
• 0:36
  Speaker 1: two workers for every pensioner within the next ten to
• 0:38
  Speaker 1: twenty years. Anyone with half a brain can see this
• 0:41
  Speaker 1: thing is not sustainable in full forever. And don't get
• 0:45
  Speaker 1: me wrong, I don't want to cut any more than
• 0:47
  Speaker 1: anyone else. I want to get the full entitlement when
• 0:49
  Speaker 1: I hit sixty five, thank you very much. But I
• 0:51
  Speaker 1: know it's probably not going to happen. I recall following
• 0:55
  Speaker 1: Phil Goff on the campaign trail back in twenty eleven.
• 0:58
  Speaker 1: It was a hospital pass. He was all about making
• 1:01
  Speaker 1: the hard decisions for tomorrow today. That was his catch crime. Well,
• 1:05
  Speaker 1: Chippy is running from that motto quicker than Usain Bolton,
• 1:08
  Speaker 1: the pair of Nikes. What he's doing here is making
• 1:11
  Speaker 1: a pretty blunt political assessment. I reckon this will win
• 1:15
  Speaker 1: us some working class votes and keep us competitive with
• 1:17
  Speaker 1: Winston and National. He's going after laborers. He's going after
• 1:23
  Speaker 1: workers who are outside who can't wait till sixty five
• 1:27
  Speaker 1: to retire, let alone sixty seven. He's going after low
• 1:30
  Speaker 1: wage workers who can barely afford groceries right now, let
• 1:33
  Speaker 1: alone an extra three and a half percent on compulsory
• 1:36
  Speaker 1: key Wei saver. You could argue that this is smart politics,
• 1:40
  Speaker 1: pick a point of difference, hammer at home. The risk
• 1:43
  Speaker 1: for labor though here is massive because tax is there.
• 1:47
  Speaker 1: Achilles Heel telling people you will keep an unterfundable, expensive
• 1:51
  Speaker 1: universal program forever will leave them wondering, well, who's going
• 1:54
  Speaker 1: to pay for that? Who will be taxed next? And
• 1:58
  Speaker 1: once you add in the paye he claims up to
• 2:01
  Speaker 1: thirteen billion dollars, the gap starts to look more like well,
• 2:05
  Speaker 1: big black holes. For more from early edition with Ryan Bridge,
• 2:10
  Speaker 1: listen live to News Talks it'd be from five am weekdays,
• 2:14
  Speaker 1: or follow the podcast on iHeartRadio