Doesn't anybody stay true to their principles anymore? The National Party believe firmly that there should be interest applied to student loans but aren't prepared to reinstate this policy because of the uphill battle they face selling the policy to the public. Instead they're reduced to finding a backdoor way to tighten up the cost of student loans. By raising the repayment rate from 10% to 12%, and by effectively lowering the threshold for repayments, they're creating a tax increase for graduates in the upcoming 'black budget for students' - see: John Hartevelt's Student debt plan cuts pay by $30. Opposition to the proposal was, unsurprisingly, swift and vocal - see for example Isaac Davison's Four-year allowance cap restricts study for many and Isaac Davison and Kate Shuttleworth's Outrage at student loan changes.
Meanwhile, Labour continues to swallow it's own dead rats, with leader David Shearer announcing today that while Labour believes firmly that governments should continue to make contributions to the 'Cullen Super Fund' during recessions, it will drop this policy because, 'New Zealanders told us they were uncomfortable about the rate of borrowing. We have listened'. For more on this see Danya Levy's Labour in Super Fund u-turn and Alex Tarrant's Shearer says Labour will delay policy. In contrast to John Key's relatively upfront pragmatism ("It may not be great economics, but it's great politics'), this backpeddling from Labour is blatant pragmatism disguised as a democratic impulse.
Both examples raise the important philosophical question of whether we want political leaders and parties to show leadership, campaigning on what they really believe in and try to convince us, or whether they should primarily reflect the will of the people. Instead modern political parties seem to exist largely on a diet of dead rats, regularly considering which principles to cast off in the pursuit of popularity and avoidance of controversy.
Danyl Mclauchlan has blogged about this and asks what National-initiated polices the current Labour Party are likely to swallow in their bid for re-election in 2012 - see: Left-wing dead rats. In an interesting comments section on this post, David Farrar responds to Mclauchlan's challenge with these questions: 'Will Labour promise to repeal the three strikes legislation? Will they promise to restore the vote to prisoners? Will they promise to scrap national standards? That's three which I'll be interested to see if Labour touches. Also will Labour hike tax rates? Will Labour restore public sector staffing to 2008 levels?' Other suggestions include the reversal of GST rise to 15%, the reversal of voluntary students association legislation, and the full re-nationalisation of the energy companies.
The banksdotcom scandal rolls on with further damaging stories being published each day. The latest can be found in Danya Levy's Dotcom man's trip to bank cheques and Andrea Vance's Campaign advertising gift in spotlight. Meanwhile, on an unrelated but very important Kim Dotcom issue, David Fisher has found that Crown lawyers were aware Dotcom court order was unlawful.
