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.
The Royal | #** – S08 E03 | These Foolish Things
2 hours ago
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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