Roger Back with Rogernomics and Govt is listening.

An economist told US president Woodrow Wilson if his people did not pay taxes they would not work.

This was of course an outlandish lie the US govt used to introduce taxation. People with families have to work to feed, educate, clothe and house their children.

But the new National govt in New Zealand has turned to old campaigner Roger Douglas whose innovative policies known as 'Rogernomics' has come up with a formula for success.

His policies included what his own Labour party found totally opposite to their ideals but have been incorporated by the Act party who are in coalition with the National govt. Under MMP the Act party whose members came together from both sides of the house have become a soild support base for the present govt.

What Douglas advocates to help the economy att his time is to squash taxes for those under NZ $30,000. This will kick start spending again and build a larger middle class. Currently spending is beginning to slow and in a small economy as New Zealand every glitch is felt in the system.

National seems to have taken it's own innovative aproach to the economy by working from the bottom up and increasing the minimum wage. This unique fiscal approach could well see the govt instituting douglas's theory. I also see it as aligning with the Obama's administration in cutting ties with the past in looking after the top income earners which has never resulted in a trickle down affect or a 'level playing field' as former Prime Minister Jim Bolger used to claim.

The scenario is such that the old failed economics must be treated as a vile cancer and dispatched with immediately and hurriedly. If it takes getting the poorer socio economic into the middle class to give them greater spending power, it should have benn done up to twenty years ago and the world would probably not be in this position.

Let the top earners lose. Let the bottom earners win and lets all meet in the middle. The American right would call it Communism. In reality it may be the only humane and successful solution. If we are all citizens of our nations, should we not be benefitters of our nations as well?