Red Alert

No hope on Planet Joyce

Posted by on October 2nd, 2012

RADIO NEW ZEALAND NATIONAL [TRANSCRIPT], MORNING REPORT, 2 OCTOBER 2012:

Geoff Robinson (RadioNZ): So this is the grumpy growth, is it?

Economic Development Minister Steven Joyce: Well it’s a little bit that way. I mean it’s also the grumpy Treasury. I notice that they didn’t pick the March quarter number and they didn’t pick the June quarter number, and now they’re picking a low number for the next quarter, so, we can only hope that they continue to get their numbers wrong.


13 Responses to “No hope on Planet Joyce”

  1. OneTrack says:

    Is it just me, or is the “Planet” thing being just a bit (a lot) overdone? It was funny when Key first said it. It was funny for the first few of the replies by the Greens, and others, (ie toilets and golf courses spring to mind).

    But now it is getting borrrrrrrrring. Lets find a new meme.

  2. David Cunliffe says:

    Hi OneTrack: the use of the word ” planet ” has a serious intent – that is to identify and deconstruct something impportant that Stephen Joyce and John Key both do a lot. They spin. That is, they construct a view of events that is not objectively founded in data. They then try to delegitimise anyone who holds a different view. In this case it was forecasting from their own departments they tried to diss.

    So according to Stephen Joyce, anyone who disagrees with his new-liberal mantra is guilty of voodoo economics. That’s ironic as, post GFC, Labour’s approach actually lines up with mainstream post- crash policy advice from the likes of the OECD and the IMF (who’d have thought,eh?).

    Point is, it is now National clinging desperately to a fading orthodoxy, increasingly constructing an alternative reality to justify themselves. As Karl Rove the US Republican strategist once said, the trouble with the Democrats is that they adhere to a “reality based” view of the world.

    Like the Dems, we sure are reality based. So are the workers currently being sacked around the country.

  3. SJW says:

    Mr Cunliffe

    You call it as it is. I feel more hope that New Zealanders have a chance of being more fully informed for the next election.

    Excellent; keep up the good work

    A big thankyou to you and to your team from this quarter.

    :)

  4. Rob S says:

    A political entity constructing a pseudo-reality not based in objective data to support their argument?

    Surely you jest.

  5. Ehoa says:

    I like planet joyce, its where the aliens have a party on a tax free radio spectrum. As for the Tories, they all live on Planet Rhubarb.

  6. The Al1en says:

    “its where the aliens have a party on a tax free radio spectrum”

    I’ll settle for an NZonair grant, but do be quick about it. ;) :lol:

    http://www.f3music.com/TheAl1en
    http://soundcloud.com/the-al1en/game-to-play

  7. Tim G says:

    I have to giggle, DC, at your earnest and stony-faced response to tory concern-trolling. It is so much easier to :roll:

    I say I giggle but I also respect it. No wonder they are so afraid of you.

  8. Blarney Stone says:

    David if you are so reality based then why don’t you take notice of your poll numbers and put in a good leader who can make sense of your party’s policies? Were you really reality-based when you stood up on that platform at the markets last year and said you were going to get rid of the greasy fella in the blue suit?

  9. Jack Ramaka says:

    The neoliberal free market has transferred copious $’s to the beneficaries of State Asset Sales, the ideology that companies operate more efficently and profitably as private companies is correct. However the primary beneficaries are the new owners who cut costs and put up market prices which generate good returns for the owners.

    The loss to the State is higher unemployment, higher electricity prices in the case of privatised Electricity/Power Companies and the loss of Equity in these State Assets.

    The Equity Value of these companies increases markedly for the new owners as the profitability has improved.

    State Assets Sales in NZ have been a dysmal disaster as we have lost the Equity in these Assets and are now remitting
    $14 Billion a year offshore to Foreign Owned Multinationals.

    Unfortunately the NZ Public are have been conned that Asset Sales were good for NZ. I honestly don’t understand how we can be better off having sold these assets, can someone please enlighten me as all I hear is gobbily gook from Politicans and their Cheerleaders in the Press.

  10. peterlepaysan says:

    Since when has Treasury ever got any forecast figures within 5% or less. How often?

    Treasury is a buffer department that allows governments to do what they like. Treasury adds “credibility” to what Ministers do.

    Treasury advice is as reliable as gambling “systems”.
    All run by allegedly wealthy punters eager to dilute their winnings by sharing their secrets with the rest of us.

    Treasury advice is as reliable as get wealthy “seminars”.
    All run by “successful” people who would rather make money by running seminars than following their own advice.

    Treasury advice keeps the price of spin doctors down, and is a direct charge on the tax payer.

    Joyce has been honest.

    Amazing.

    It explains a lot about the deputy pm. He was once(?) a treasury policy wonk.

    So was Max Bradford. He left us the lovely legacy of our electrical supply system.

  11. SPC says:

    Particularly important advice, if ones goal is to reduce power prices to New Zealand households and build a second transmission line to distribute the available cheaper power to businesses around the country – helping to sustain firms under pressure because of the high dollar. Sure the uncertaintly of surplus supply as line after line is closed till only one remains (the smelter uses 15% of our power) would undermine the sale of the power companies … but I am sure there is an alternative economic plan that does not require this.

    Why is subsidy of a foreign owned company – and a project that inspired think big – that extorts lower and lower power prices so we guarantee profits a good idea? Does Labour support Key selling labour law and copyright law to Hollywood corporate interest and the related TPP sell outs as well?

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