Get serious about rebutting the mounting criticism that the Government has no plan for the economy. Rush out a one pager to prove that an economic plan really does exist. Discover that there isn’t really enough hard facts to fill a page. So add in ‘more elective surgical services, more hips, more cataracts ‘as an identified driver of economic growth!
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Silly idea no 15
Extend guarantee scheme to finance companies
“more .. more .. more ..”
more fluff
more vagueness
more spin
Peter Hodgson polls are:
* Waste of Time
* Pathetic
* Sad
* Irrelevant
* All of the above
Correct answer – All of the above
Aw Monty, now is it you who woke up in a bad mood this time?
Pete’s polls are:
Apt
Fun to click
Annoy the tories
Succinct
All of the above
Actually with GDP being a measure of goods and services performed in an economy, having more hip replacements done will indeed drive up GDP – exactly like having more prisons and more liquor stores will drive up GDP.
Lesson – GDP is a (not quite) useless measure of economic performance.
Our GDP comes in two forms.
What real and what suppose to be real while neither are real.
PPP and Nominal.
PPP is what you suppose be able to spend
Nominal is what your able to spend.
PPP is the more useless simply because it a belief that all services are made equal. It based on the theory that if all money had the same value that how much we could buy.
Trouble is some countries have more efficient industry than others, so PPP is highly distorted.
Also GDP never factor in DEBT (local and foreign), subsides,tariffs and government spending. These things can distort the GDP figures as well.
I’m surprised they thought it could reach a page to begin with.
Having looked at the current government’s measures to improve the economy, I have to note how much they seem like get rich quick schemes. The best way to make them seem likely to succeed is to include the use of magic.
-Give significant tax cuts to the top 3% of earners, and, by magic, they will make New Zealand’s economy better.
-Suggest that, through the use of magic, New Zealand will become a prime retirement home for rich foreigners who will boost the local economy with their foreign retirement funds, despite official advice that would never happen.
-Plan to open up New Zealand’s conservation estate to foreign mining companies. These companies will make us all rich, by extracting profits from unidentified resources, producing minimal employment opportunities in the process, and provide a infinitesimal pay-off to the crown, will, through magic, draw money and jobs into New Zealand.
-Remove workplace security by introducing a 90 day fire a will Act, which will make it harder for Kiwis to change job for better conditions. By magic, this will make New Zealanders better reimbursed, decreasing the wage gap with Australia.
-Claim that, despite a lack of a plan or milestones, closing the income gap with Australia will be possible, by magic.
-Envision a National Bike Way, to be constructed for a pittance, through the use of magic, which will employ all sorts of unemployed people. The magic cycleway will attract wealth foreigners out of whose pockets high denominations of reputable currencies will fall up and down the country.
Perhaps the one pager you are referring to Pete, is actually a magical scroll, which will make all of the Cabinet’s wishes come true?
Well, Sean.
It national party Cargo Cult, and they are the high priest.
Yeah well the cargo cult hasn’t got any sincere aims of lifting anyone upwards, they just want a majority of followers in 2011, no more no less.
I can see the thesis title now.
The National ACT Government 2008-2011: the study of a South Pacific Cargo Cult.
Sadly, I think a graduate student could at least put in a well-structured proposal on that.
I wonder what deleted. You are becoming irritating Clare MPs used to do before the advent of the internet…
They all bow their heads and mumble “growth economy”
Follower must believe without evidence or the spell is broken.
Any means can be employed for the cause regardless.
And the mythical cargo is carried off by a few who pay the lead worshiper well – and out of sight.
I’m now voting “sillier than that” on every poll as it is hilarious that a poll with an option “sillier than that” has not one but three other options…
I really enjoyed Sean’s analysis. I like it when humour and perceptiveness collide. I think I might wrap this series now or soon and restart later. Thoughts?
Nothing wrong with a mid season break to keep the punters hanging on…
Agreed, leave it a while and then come back