Presentation by Morgan Edwards, PhD Candidate on "Just the Way It Is: Government Spending Starts and Ends the Day at Zero". Apparently, the government is just like a household. Just like us, the government has to receive income in order to spend. Just like us, the government has to save before it buys things. Just like us, any shortfall is funded by debt. This doesn’t reflect reality at all. In this talk, Morgan examined exactly how the New Zealand government spending works and how we can provide a better basis for public policy. Unlike us, government spending starts and ends the day at zero. This is just the way it is.
An interactive PowerPoint presentation with audio has not been developed for this particular event because the content of some slides would be overlaid by additional content. A PDF showing all content has been provided instead. The Q&A session was extended due to interest by a group within the audience. Links to a webinar presentation by Morgan on YouTube and an interactive PowerPoint presentation with audio of another presentation by Morgan are provided below for this group and others.