Written By: - Date published: 9:00 am, July 5th, 2018 - 65 comments
Categories: Amy Adams, capitalism, Economy, making shit up, Media, national, same old national, spin, the praiseworthy and the pitiful, you couldn't make this shit up - Tags: global financial crisis
These sorts of debates do my head in.
Essentially because they are so removed from reality that anyone with any sense would know that Labour was not responsible for the last global financial crisis. But apparently the opposition spokesperson does not understand what happened in 2008.
Does this seem a bit harsh?
Well it is one of only two interpretations there can be for this tweet put up by Amy Adams last night.
If anyone wants to know why there’s a shortage of houses in Auckland, causing prices to rise sharply, have a look at the Stats NZ graph below showing the rate of new builds collapsing under the last labour Govt and being painstakingly recovered under National pic.twitter.com/LgFQd438mZ
— Amy Adams (@amyadamsMP) July 4, 2018
I mean how stupid does she think we all are?
Does she not recall that the global financial crisis happened in 2008? That event which brought the world’s economy to its knees, all through the avaricious greed of Wall Street and a bunch of merchant bankers?
Apparently not. Such evidence of memory failure should mean that she should never be trusted with the Finance Ministry. I mean how could you risk having someone whose recollection of a major event was so bad?
The other possible interpretation is that she does understand but is willing to say anything, anything to attack the Government. And she is happy to ignore all the evidence showing that the housing crisis is something that developed on steroids from about 2012 after immigration surged as part of National’s only economic growth policy.
But I suspect we will be having these debates over and over and over and over again in the next few years.
Ooooh – what happened there – no, there, in 2008. Wasn't that when John Key and his banker mates took over the government? Yes, yes it was. Hahahahahahaha.
— Vladimir Kompromat (@__BLiP) July 4, 2018