Wednesday, a survey by the New Zealand Business Council for Sustainable Development revealed that one third of New Zealanders want a decrease in government spending even if it results in a rise in short term unemployment.
The report showed that about 33% of the total 2,577 persons surveyed prefer a cut in government spending, even if it reduces private spending and raises unemployment in the short run. At the same time, 17% are in favor of an increase in government spending. Meanwhile, cutting taxes was the least favored option, with only 9% favoring it.
The survey showed that even among the unemployed and beneficiaries, many prefer a decrease in government spending. About 32% of unemployed and beneficiaries support a cut in government spending compared to 8% who oppose it.
Among the income groups, about 37% of persons earning between A$30,00 and A$50,000 and above A$200,000 want lower government spending.
Occupation wise, people opposed to increasing government spending are farm owners, managers, the retired and super annuitants, while business proprietors and the self-employed are in favor of increased government spending.
In the meantime, the survey also pointed out that people are against cuts in expenditure if it leads to decrease in benefits, health and education. At the same time, most people are in favor of government cutting waste expenditure.
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