NZ Govt has economic delusions

Past and present governments seem to think they can spend their way out of economic problems. Unnecessary government spending just to

create employment or supposedly to promote economic growth is a delusion. We all know that as individuals when we spend more money than we have, we end up poor. It is no different for our governments who are slowly making us poor. All taxes do is discourage production. What politicians don't seem to grasp is that every dollar they spend comes from taxation and every dollar we lose to taxation is a dollar less we have in our pockets.

We all accept that taxation is needed to supply the services we expect but the real economic secret is to reduce government expenditure and taxation so we have more money to spend. This in turn promotes economic growth. However it is impossible for us to control our government apart from once every three years at an election. We do not have political democracy like the Swiss, for example. They have the mechanism through Binding Referendums to make politicians listen and have used it to make wise economic decisions for over 130 years.