The Nelson city council has just published their LTCCP accompanied by an extensive PR blitz giving the appearance of emminent prudence and reasonableness and which achieves the holy grail of a rates increase of around the rate of inflation.
However do not be fooled and duped by this smooth PR talkfest.
This plan is quite the opposite of what it appears, and any level of serious analysis shows this LTTCP to be a wolf in sheeps clothing, and an absolute calamitous disaster in the making, locking into place ruinous long term effects, which will drive Nelson backwards for the forseeable future, and will stymie progress for many years, even decades, to come. This plan is so ruinous on many levels that it cannot be allowed to survive and must be ditched before it sends Nelson broke and out the back door.
It is automatically assumed that for any plan to achieve a rate increase of 3%, that it is the result of prudence and responsible belt tightening in response to the current global economic crisis; but quite the opposite is true.
This plan actually and irresponsibly loosens the fiscal belt and increases spending, and does so by particularly imprudent methods.
So how is a reduction in rate increases possible while spending is actually being increased. Quite clearly that is just physically and mathematically not possible. Simply put that decrease is a mirage that has been manufactured by smoke and mirrors, and is a fundamental deception. The reality is entirely the opposite.
The disastrous reality of this imprudent LTCCP must be laid bare and will thus be explored in a series of blogs over coming days. While this is a dry subject the ruination that it will bring about deserves serious analysis and exposure.
