Clearly the costs outweigh the benefits. But no doubt we will be treated to another sales pitch for Morgan's Big Kahuna in this week's NZ Herald.
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Monday, October 03, 2011
Benefits and costs of a GMI
At the request of the Welfare Working Group Treasury produced a paper about a GMI (Gauranteed Minimum Income - not Gareth Morgan's Indulgence). Here is the table summarising benefits and costs:
Clearly the costs outweigh the benefits. But no doubt we will be treated to another sales pitch for Morgan's Big Kahuna in this week's NZ Herald.
Clearly the costs outweigh the benefits. But no doubt we will be treated to another sales pitch for Morgan's Big Kahuna in this week's NZ Herald.
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2 comments:
Tapu Misa's just been talking up 'The Big Kahuna' in her weekly Herald column. I've just written a short response to Tapu on my blog.
Yes, the Herald seems to be in love with the idea. Apparently Gareth can do no wrong.
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