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# 240425 7-Sep-2018 10:56
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"It's the economy, stupid!"

 

I thought there might be some value in a discussion thread for Labour's Minister of Finance, and the performance of the NZ economy.  (instead of lumping everything about the current government in the Jacinda thread)

 

 

 

I'm going to kick it off with an anecdote, rather than any in-depth analysis.   Anyone remember this?

 

 

Prior to the election last year, news outlets were gleefully taking apart Stephen Joyce's claims about Robertson's budget.  This particular image was re-tweeted by many Labour Party members at the behest of Andy Kirton.

 

Over the 24hrs, Labour MPs including Jenny Salesa and Michael Wood seem to have been going back and deleting those tweets.

 

 

I wonder if this is "regular" grooming of their social media presence, or whether they're concerned that the economy might be in bigger trouble than anyone imagined?  (Or possibly just distancing themselves from Kirton's Summer Camp fallout?)


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  # 2085654 7-Sep-2018 14:02
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I had high hopes for Grant Robertson, I am not so sure now. I have some real concerns and with signals offshore of a coming GFC V2 I am not sure we have the Finance Minister equipped to manage one.





Mike
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The views stated in my posts are my personal views and not that of any other organisation.

 

There is no planet B

 

 


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  # 2086413 9-Sep-2018 13:13
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IIRC the man, lost an OUSA election to a cat - although the cat was eventually disqualified for being a cat. 

 

To this day I believe the cat was better qualified.





Mike

 
 
 
 


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  # 2093128 19-Sep-2018 13:31
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I also had some hopes for the guy. Of all the people in the Labour and Coalition caucus, I had the highest hopes for him. Unfortunately, whilst he is still probably the best of a mostly truly awful bunch, some of the interviews he has given where he has had a platform to shine, he has barely been able to do much other than deny there are any issues to address in terms of business confidence etc.  He reminded me of the guy who puts his fingers in his ears and yells lalalalalalal to drown out the bad noises. 

 

 




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  # 2093140 19-Sep-2018 13:47
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He lost me for good when he instituted Labour's "Fiscal Responsibility Policy" to stave off the electorate's concerns that Labour were going to recklessly increase public spending and then almost immediately set about circumventing his own rules by having large government departments borrow "off the books" rather than through core government funding.

 

It smacks of dishonesty (again) and questionable accounting practices.


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  # 2093141 19-Sep-2018 13:50
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6FIEND:

 

He lost me for good when he instituted Labour's "Fiscal Responsibility Policy" to stave off the electorate's concerns that Labour were going to recklessly increase public spending and then almost immediately set about circumventing his own rules by having large government departments borrow "off the books" rather than through core government funding.

 

It smacks of dishonesty (again) and questionable accounting practices.

 

 

Yeah, I saw the tiniest amount about this in the media and I was surprised much more wasn't made of it. It seems that NZ just wants to bury it's head in the sand over these ongoing breaches of honesty and allow a continous corrosion of the promises made during the election lead up, in the hope that magically everything will just "be ok"

 

 


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  # 2093277 19-Sep-2018 16:04
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networkn:

 

Yeah, I saw the tiniest amount about this in the media and I was surprised much more wasn't made of it. It seems that NZ just wants to bury it's head in the sand over these ongoing breaches of honesty and allow a continous corrosion of the promises made during the election lead up, in the hope that magically everything will just "be ok"

 

 

Bridge of matchsticks over a fiscal hole ...

 

Sadly that kind of distinction is too technical for the mainstream media.

 

A big chunk of the population simply wouldn't understand the distinction.





Mike

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