Written By:
mickysavage - Date published:
8:51 am, February 13th, 2020 - 14 comments
Categories: economy, jacinda ardern, national, same old national, Simon Bridges -
Tags: GDP, gross domestic product
I can see this becoming a regular post. Checking up on the accuracy of National’s advertising and pointing out the most egregiously inaccurate examples.
Yesterday Bridges was schooled in Parliament by Jacinda Ardern. If it was a boxing competition they would have called it off in the first round.
During her speech she said that GDP growth was at 2.7%. The figure is entirely defensible. Stats NZ’s website confirms that is the growth rate for the year to September 2019.
But Bridges claimed it was wrong and the growth rate was actually 1.6%.
The Reserve Bank report does say this (page 37) but Bridges has used a different time period, and one that includes an estimate of the December 2019 quarter growth rate and not the actual figure.
Arguably both are right but Bridges is wrong to use poorer quality data. And he is completely wrong to say that Jacinda’s figures are entirely wrong.
And, putting to one side caveats against using GDP growth as an indicator of societal health, New Zealand is doing remarkably well compared to the rest of the Western World in terms of growth.
The behaviour is straight out of the Trump playbook. Attack your opponent and question their competence using what essentially is a lie. And repeat.
It worked for National in 1975. I am pretty sure they will continue to do the same this year.
The current rise of populism challenges the way we think about people’s relationship to the economy.We seem to be entering an era of populism, in which leadership in a democracy is based on preferences of the population which do not seem entirely rational nor serving their longer interests. ...
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The issue around GDP growth as a measure is a tricky one. Other indicators are collected but then play little part in the discussion. It appears to be just a product of how the media and public couches discussions on the economy and therefore difficult to change.
Similar with unemployment rates. Stats NZ produces a wide range of under and unemployment rates, full and part-time work stats each period and the media reports say, unemployment is x% and leave it at that.
Remember the Nats played this 'which stats to use' trick in their last term – even changing their own selection several times to suit.
Soimon is just warming up and you'll see plenty of doubling down and bs diversions as he gets called on this tactic.
Good on the fact checkers of the world, though it seems a largely thankless service at times.
As I have discovered on social media, when pointing out the fabrication of something to some of my old car culture friends–essentially they disregard the correction because they actually want, and need, the original assertion to be true!
Interesting how post modernist/anything goes philosophy is ok for politics and individuals world views, but a materialist/world is knowable approach is just fine when say an engine part has to be measured exactly.
Neo Liberal hegemony, and its associated hyper individualism, has a lot to answer for when processed through digital media.
That is how humans work, yes.
Measuring a government's success by GDP growth is just a continuation of the failed policies since 1984, which this government unfortunately continues to follow.
When can we expect to move past Rogernomics?
Other than existential biggie–Climate Activism–the key political task of our era has to be burying the legacy of “Roger’n’Ruth”. The decades long neo liberal consensus between the main Parliamentary parties prevents progress being made on so much.
Can't see that until the pain, suffering and destruction causes evolution or revolution.
Probably a bit of both with the old guard shuffling off and the dissatisfied storming a few gated communities/institutions etc
My hope is that post election NZ First is gone which will give the Green Party enormous leverage to force a genuinely conservative Labour party into some real meaningful reforms.
I don't want Jacinda boasting about GDP growth. I want her boasting about how her government destroyed the legacy of Rogernomics.
Can't see that happening as the mallards Robertsons Nashes, Hipkins etc have successfully purged them out.
Evolution awaits or maybe a proper left party to play the nat/act game of ‘ they’re making us do it, Damm this mmp’
As we have discussed before, 'calling out' lies does not change people's minds.
All that voters register is the confidence of the person making the assertion (try watching them on telly with the sound turned off). Ardern can win that over Bridges any day. Bigger fish to fry.
This is politics…facts have little to do with it.
The better tactic rather than demolishing each lie while National simply moves on the next one is to build a narrative around trustworthiness – and Simon Bridges lack thereof.
Not sure this is the best tactic and use of your time Mickysavage. The US, UK and Aussie elections proved that the whole lying and half truths from the Tory muppets is effective with voters. And the time and energy used to rebut them, does little to engage with the voting public. Mainly because by the time you get to respond – the corporate media have moved to the next lie and half truth.
Micky of all the commentators and authors here, you could, and probably should push a meta narrative to undermine national, and in particular Bridges. This would be a better than using up your precious time in response posts.
In a way I'm agreeing with Sanctuary above at 6. But I'm also disagreeing in that – I'd suggest you pick what you want to run with, because then it will be written in your voice, and have your affirming voice to accompany it.
Have a great day, and ant it been a great week having two social democratic wins.