Rod Oram on Asset Sales

In the Sunday Star Times,business commentator Rod Oram, under the headline “Bringing illogical Home to you” says ” John Key’s Government is remarkable for many reasons, particularly it enthusiasm for staking its future on illogical but politically expedient policies……..selling state assets for no economic benefit……even its own recently released budget policy statement showed the fiscal nonsense of selling SOES.”
And further, this certainly will do nothing to reduce, in fact it will increase the income gap between the wealthy and the poor, a certain way of worsening social ills for all New Zealanders. The wealthy will buy the shares and get the dividends, the Government will get less tax and poor get nothing except possibly increased taxation.