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United Future
Since: 2007-08-08 10:30:45.829588
Posts: 221

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BLOG: Deja Vu in the British Election

Nick Clegg’s and the Liberal Democrats successes in the British General Election campaign so far offer some interesting insights for UnitedFuture.

It is hard to escape the parallel with UnitedFuture’s 2002 campaign where, on the back of a television debate, we too came from nowhere to hold the balance of power.

In both instances, the success was due to the parties’ filling a perceived vacuum in the political environment of the time. In 2002, UnitedFuture succeeded because of our message about families and a commonsense approach. Nick Clegg’s success today is due to apparent public fatigue with the old politics of both Labour and the Conservatives.
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liberalcentrist
Since: 2008-05-28 20:00:51.134
Posts: 24

The NZ election debate in 2011 is likely to be more about the proposed solutions - rather than defining the problems. Most people and parties now seem to agree we have a deep-seated,structural problem in our current account deficit. We have not chalked up a surplus in our trade with the world since the early 1970s. This is important because we have to fund the gap between income (from exports) and spending (on imports) with either our own national savings or borrowings from overseas. Since we tend not to save we now have a large amount of overseas debt to be repaid. This helps explain why interest rates are higher than overseas and why large parts of our economy are now in foreign ownership.

The best solution to this is do what Australia and Singapore do - build up our own pool of NZ savings capital through a compulsory savings scheme.

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