I was immensely disappointed by David Cunliffe’s recent announcement that Labour is considering private public partnerships.
Not only because PPPs essentially involve privatising business gains and socialising the losses, or because they’ve been an abject failure almost everywhere they’ve been tried, but because one of the major weak-points National has going into the next election is its second-term privatisation agenda.
By effectively backing privatisation Cunliffe has just made it a lot harder for Labour to attack National on the issue.
Unsurprisingly David Farrar is trumpeting this new shift from Cunliffe and I expect that the government will also be happy to throw this back in the opposition’s face when they are challenged on their plans to flog the family silver.
Frankly Cunliffe has dropped in my estimation – not just because he’s backed bad policy but because he’s shown such poor political nous.