Campbell Live has been doing a series of programmes on the cost of living this year, and they are focusing on it even more as the Budget looms. Tonight’s episode was a doozy, with an additional piece on asset sales, focusing on the workers on the Clyde Dam.
On cost of living, the story of the Alexander family will be familiar to many families. Single income, with a baby, really struggling to make ends meet. Just groceries alone have gone up by 20% over the last eight months. Let alone petrol and other costs. As they note in the story, it will be even harder for others with more children or lower incomes. The story also notes John Key saying “no one will be worse off” after the GST increase. Well, the Alexanders would beg to differ.
On the assets sales the anger of the former Clyde Dam workers says it all. One of them called National’s plan to sell off assets ” a betrayal.” They know, because the Clyde Dam is in the control of Australian company Origin. Supposedly an opportunity for those Mum and Dad investors National like to talk about, the truth is the profits from the end result of these workers toil heads offshore.
Whole programme is worth a watch, as will the run-up to the Budget as various people try to make do on the pension and the average wage.