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In December 1990 the CPI was 731 and in December 1999 it hit 837. That was an increase of 14.5% over nine years – an average of 1.5% a year,
Here you go Spud, courtesy of the National Party Research Unit aka David Farrar!
“From December 1999 to December 2008 the CPI went from 837 to 1072 – an increase of 28.1%, and an average of 2.8% a year.
The difference between inflation under Labour and under National is around 14% – or seven times greater than the one off 2% increase caused by a GST increase.
Now if one takes just food prices, it is even worse. The food price index increased only 9.9% under nine years of National. Under nine years of Labour it shot up a massive 37.1%.”
I love how the first clip does not show either the question or his full answer.
@ spud – You should be used to it by now after 9 years of labour.
Stolen from Kiwiblog to clarify comment to spud:
From December 1999 to December 2008 the CPI went from 837 to 1072 – an increase of 28.1%, and an average of 2.8% a year.
The difference between inflation under Labour and under National is around 14% – or seven times greater than the one off 2% increase caused by a GST increase.
Now if one takes just food prices, it is even worse. The food price index increased only 9.9% under nine years of National. Under nine years of Labour it shot up a massive 37.1%.
So if you hear a Labour MP talking about the impact increased prices will have on families, remind them of the 37% increase in food prices and the 28% increase in all prices that occurred under Labour.
So The government causes ALL the price increases as shown on PravdaBlog .
yet if they put up GST that is solely due to government action.
The inflation rate was actually under the purview of the Reserve Bank governor.
Compare the economic growth under Labour compared to National. You will find the price pressures due to the stronger growth under labour will have an effect
Come on guys, lets just calm down and wait until we see the whole package, It’s a bit short sighted to make a judgement on it’s validity with only half the information.
Maybe you missed the memo on that other “R” word – Recession.
Our recession started before the Global Financial Crisis (TM), while Labour was still in charge.
Phil you are right but missed my main point in relation to biker’s ridiculous numbers… especially given the former leader of the national party was the one actually responsible for inflation
Mr Mallard – Can you please explain why Labour is proposing a protest about this GST before getting all the information, yet not promising to restore GST back down to 12.5% as an election promise. This is a simple question, but it’s what the NZ public want to know.
Just to make it clear – there has been enough announced for us to make it clear that notwithstanding any mitigating changes the Nact/Maori government proposes Labour will oppose the increase in GST. It is both not necessary and wrong.
Akldnut, in the ideal world, where we can be 100% sure that Key will definitely raise the GST, I would also like Labour to tell people that they will reverse the GST increase. But with Key, you can never know what he will do in the Budget, no matter what he says now. He may just change his mind just to remain popular. So, it is quite understandable that Labour is waiting for the Budget to reveal that actual position before giving a proper response. If indeed Key chickens out and not increase GST in the Budget, Labour would look foolish saying now that they will reverse GST. It is prudent to wait for the Budget first.
These are the voices of Labour MPs on issues that we care about - and we'd like to hear what you think too. What you’ll read are the individual opinions of MPs. We won’t always agree with each other and sometimes our opinions may change.
“Can’t wait for the price of living to go up.”
I guess you miss the days of a Labour government when it went up substantially!
In December 1990 the CPI was 731 and in December 1999 it hit 837. That was an increase of 14.5% over nine years – an average of 1.5% a year,
Here you go Spud, courtesy of the National Party Research Unit aka David Farrar!
“From December 1999 to December 2008 the CPI went from 837 to 1072 – an increase of 28.1%, and an average of 2.8% a year.
The difference between inflation under Labour and under National is around 14% – or seven times greater than the one off 2% increase caused by a GST increase.
Now if one takes just food prices, it is even worse. The food price index increased only 9.9% under nine years of National. Under nine years of Labour it shot up a massive 37.1%.”
I love how the first clip does not show either the question or his full answer.
@ spud – You should be used to it by now after 9 years of labour.
Stolen from Kiwiblog to clarify comment to spud:
From December 1999 to December 2008 the CPI went from 837 to 1072 – an increase of 28.1%, and an average of 2.8% a year.
The difference between inflation under Labour and under National is around 14% – or seven times greater than the one off 2% increase caused by a GST increase.
Now if one takes just food prices, it is even worse. The food price index increased only 9.9% under nine years of National. Under nine years of Labour it shot up a massive 37.1%.
So if you hear a Labour MP talking about the impact increased prices will have on families, remind them of the 37% increase in food prices and the 28% increase in all prices that occurred under Labour.
Hey Dave, “I guess you miss the days of a Labour government when it went up substantially!”
I agree with half of that sentence, I do miss the days of the Labour government.
Yes, the price of living did go up 
Down with GST 
So The government causes ALL the price increases as shown on PravdaBlog .
yet if they put up GST that is solely due to government action.
The inflation rate was actually under the purview of the Reserve Bank governor.
Compare the economic growth under Labour compared to National. You will find the price pressures due to the stronger growth under labour will have an effect
Actually, I agree with all of that sentence in that the price of living did go up, but Labour did a fine job of running the country.
Labour come back 
David
Over simplifying surely? On that basis
Unemployment just sky rocketted under National
Borrowing through the roof under national and so on…
Come on guys, lets just calm down and wait until we see the whole package, It’s a bit short sighted to make a judgement on it’s validity with only half the information.
Hi b ikerkiwi
Thanks for the clarification. I still stand by what I said.
Unemployment just sky rocketted under National
Maybe you missed the memo on that other “R” word – Recession.
Our recession started before the Global Financial Crisis (TM), while Labour was still in charge.
Drought Phil – twice.
Phil you are right but missed my main point in relation to biker’s ridiculous numbers… especially given the former leader of the national party was the one actually responsible for inflation
Mr Mallard – Can you please explain why Labour is proposing a protest about this GST before getting all the information, yet not promising to restore GST back down to 12.5% as an election promise. This is a simple question, but it’s what the NZ public want to know.
Just to make it clear – there has been enough announced for us to make it clear that notwithstanding any mitigating changes the Nact/Maori government proposes Labour will oppose the increase in GST. It is both not necessary and wrong.
Thank you for addressing that
Thanks for the hat tip.
On TV during primetime please..!
I might be a bit naive but I would like to hear “The Labour party will reverse GST to 12.5% or lower once in Govt”.
Akldnut, in the ideal world, where we can be 100% sure that Key will definitely raise the GST, I would also like Labour to tell people that they will reverse the GST increase. But with Key, you can never know what he will do in the Budget, no matter what he says now. He may just change his mind just to remain popular. So, it is quite understandable that Labour is waiting for the Budget to reveal that actual position before giving a proper response. If indeed Key chickens out and not increase GST in the Budget, Labour would look foolish saying now that they will reverse GST. It is prudent to wait for the Budget first.