Dec 28, 2017

New Zealand From Socialist Chaos To Free Market Success

As Simple As 1+1=2

A President is finally turning this ship from 
"Lost At Sea" Socialism to "Safe Harbor" Free 
Markets by following the New Zealand Example.

From the Wheelhouse of the White House 
comes progress in first 11 months


U.S. Ambassador to UN

Nikki Haley Announces Cuts To UN Budget

Published on December 26, 2017
Just days after warning the United Nations the United States doesn’t pay to be be disrespected, UN Ambassador Nikki Haley has announced a $235 million cut to UN Budget. The news comes after more than 100 countries voted to condemn the U.S. for officially recognizing Jerusalem as the capital city of Israel. More from Fox News:
Tax-Cuts/Jobs Bill Passed
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Neil Gorsuch’s confirmation to the Supreme Court
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Roll-back of obstructive Federal regulations
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A travel ban on terror sponsoring nations
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Declaring Jerusalem the capital of Israel
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Withdrawal from costly Paris climate deal
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Pulling out of unfair Trans-Pacific Partnership
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Moving to repeal Obama’s net neutrality giveaway
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Fighting — and further degrading — ISIS
ISIS has lost 98% of its territory since Trump took office
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This from Ronald M. Wade 
Free speech & free markets
A Tale of New Zealand 

New Zealand was once among the world’ richest countries with a flourishing trade in agriculture and building materials, but after a series of socialistically-inclined governments, by the 1980s, the country could not even feed itself. It was forced to import food. The country had massive agricultural subsidies and supports.  It had a top income tax of 66% and the government share of GDP was 45%.  The economy was paralyzed. 

The saving change, somewhat oddly, came about due to the election of a labor government which adopted zero-based budgeting for all government departments.  New Zealand sold off its nationalized airlines, railways, airports, seaports, bus lines, banks, hotels, insurance firms, maritime insurance companies, radio spectrum, printing facilities, forests, irrigation schemes, and an array of other holdings.  It abolished the farm programs that in 1985 were supplying 45% of all agricultural income. 

(We Americans, knowing the inefficiencies, biases, hubris, waste, and incompetence of our own government, might stand amazed that New Zealand functioned at all prior to the sell-offs.) 

A decade later, New Zealand had one of the most competitive economies in the world.  The government share of GDP had fallen to 27%, unemployment was 3% and the top tax rate was 30%.  Taxes on capital gains, inheritances and luxuries were eliminated and excise taxes were abolished.  The government went from 23 years of deficits to 17 years of surpluses and repaid most of the national debt – chiefly through record economic growth that restored New Zealand as one of the world’s richest nations. 

The most dramatic change was in agriculture.  From its mendicant status as an importer of food, it was transformed into one of the world’s most creative and profitable food exporters.  Its dairy output multiplied from just a handful of products – milk, cheese, and butter – to some 17,000 variations. 

Its success in exporting cheese and butter products was great enough to provoke the state of Wisconsin to make charges of unfair trading practices. (I can think of no better tribute to New Zealand’s industry.)
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From FOX News

Trump's Approval Rating Skyrockets

“About six-in-ten stories on Trump’s early days in office had a negative assessment, about three times more than in early coverage for Obama and roughly twice that of Bush and Clinton,” Pew found. “Coverage of Trump’s early time in office moved further away from a focus on the policy agenda and more toward character and leadership.” Only five percent of the mainstream media’s coverage of Trump was positive, compared to 42 percent of the media’s coverage on Obama’s job performance.
That’s not all. Compared to Democrat approval ratings, Trump is untouchable...Only 37% of Americans have a favorable view of Democratic politicians, significantly less than Trump’s 45% approval rating. Meanwhile, a staggering 54% of American voters have an unfavorable opinion of Democrats.

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