More Stupid Pinkos. . .

Check out this guy. Again, demonstrating that socialists are too stupid to understand cause and effect. But let's dissect his stupid opinions for a moment, in case you momentarily found his non-argument slightly convincing.

Firstly, this dipshit reckons that participants in the "work for the dole" scheme had employment outcomes that were "noticeably poorer" than those not on the scheme. Ah, but wait a moment! He's not considering the fact that it was only long-term unemployed who took part in the scheme, and in fact, long-term unemployed have noticeably poorer employment outcomes than temporarily unemployed people. And why is that? Because, in the main, long-term unemployed are unwilling and incapable of working. They have created a lifestyle for themselves, which they have no intention of continuing. Of course, they object to having to get out of bed and off their arses and contribute to society. Ain't taking responsibility for your own life a bitch!

The second point suggests that New Zealand monetary policy has, as a key goal, a minimum level of unemployment in order to reach inflation targets. This is an example of voodoo economics. The reality is that wage growth does not always affect inflation. Wage growth without productivity growth is inflationary. But when an unemployed person moves into a productive job, that person improves total economic output. Meanwhile, union demands for wages to rise irrespective of productivity improvements causes alarming inflationary results. It is ironically union calls for across-the-board wage increases, without reference to productivity growth, that will cause the Reserve Bank to increase interest rates, causing businesses to cut back employment, and more low-wage workers will find their jobs vulnerable. In short, policies designed to push unproductive, unemployed people into productive jobs create wealth and help low-income people. Union bullying pushing up wages without higher productivity reduces wealth and damages low-income people. Yes, it's true. Union activities harm low-wage workers.