Fat cats getting even more obese…

New research released today by Oxfam shows that the richest one percent of New Zealanders hold 20 percent of the country’s total wealth, while 90 percent of the population account for less than half the nation’s wealth.

Labour Leader Andrew Little is blaming the Government for the disparity, saying middle New Zealand is being squeezed by National Party policies, while the fruits of growth go to a wealthy few. And Andrew is right

Advertisements

2 thoughts on “Fat cats getting even more obese…

  1. The government is indeed responsible for the disparity, but it wasn’t just National. It was the logical and inevitable outcome of NZ being turned into a corporation practising neo-liberal economics. Happy New Year, Jo

    Like

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s