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Over promise under deliver

Written By: - Date published: 8:22 am, September 24th, 2010 - 22 comments
Categories: economy, jobs, john key, national - Tags:

John Key, July 2010:

I also want to pay a special acknowledgement to my friend and deputy, Bill English. What a great job he is doing as Finance Minister. He’s delivered two Budgets that have steered New Zealand out of recession and put the economy firmly back on track to grow and create jobs.

Creating jobs, August 2010:

Unemployment rate jumps

Employment minister Paula Bennett has admitted the sharp rise in general unemployment is ”higher than we wanted it to be.”

Jobless figures rose 19,000 during the June quarter to 159,000 – an increase from 6 per cent to 6.8 per cent, higher than economists had expected.

Growing the economy, September 2010:

Kiwi dollar tumbles on weak GDP

The New Zealand dollar fell more than half a US cent after second quarter gross domestic product grew just a quarter of the pace expected.

The economy grew 0.2 per cent in the three months ended June 30, according to Statistics New Zealand, short of the 0.8 per cent forecast by a Reuters consensus survey and 0.9 per cent expected by the Reserve Bank. In the previous quarter GDP grew by 0.6 per cent.

John Key and the Nats — over-promising and under-delivering. It’s all they know how to do.

22 comments on “Over promise under deliver ”

  1. Bunji 1

    Yes, they could do with spending less time on working out how to spin statistics so they don’t look bad, and more time actually fixing the economy…

    • Draco T Bastard 1.1

      They can’t fix the economy as they believe that it works the way they want it to work which is what brought us to the GFC in the first place.

  2. Jim Nald 2

    I remember hearing that July 2010 speech which was smug, self-congratulory and conveyed empty platitude.

    • comedy 2.1

      I’ve remembered hearing it ever since ……….. well ‘smug, self-congratulory and conveying empty platitudes’ politics 101 really.

      • mcflock 2.1.1

        only in the last 20 years.

        We used to have real politicians, not first-years who think they know it all. If we encounter a real problem – which we will soon – we’re fucked.

    • Jim Nald 2.2

      So he was merely engaging at amateurish politics

  3. the sprout 3

    0.2% growth. stunning effort.

  4. Zeebop 4

    It was a miracle, a tax cut that was fair and balanced, don’t believe the Labour lie that
    National put GSt up 15% and borrowed to pay for tax cuts.

    It was a miracle, everytime you go to the shops after 1 Oct, you too can feel the
    powerful miracle of fair and balanced tax cuts for the wealthy – where it hurts in the pocket
    too.

    A honest to God miracle!

    • Zeebop 4.1

      And the wonders just keep on coming, English, Key stand to reap a windfall of
      thousands of dollars of tax cuts, personally and in business, while the bottom
      third of deciles pays more!

      Only faith could keep the truth – according to our free press alive.

      We shoudl rename them – the faith based free media. Because its a damn
      miracle a politician can preach this miracle with a striaght face, without
      God putting a smile and wave in his step, or a smirk on his lips, at the
      glee of this miracle.

      Praise Key!

      • Jim Nald 4.1.1

        You remember when Key mouthed ‘fresh’ so very many times during the 2008 leaders’ debate?
        Now I am gratefully appreciating that he is creating fresh sources of disparities, inequalities and dissatisfaction. Key kids us not. Well done, Key and Double Dipton!

  5. Mike 5

    Surely National’s going to have to reprint their taxpayer-funded ‘tax cut guide’ with its claim of 3.2% GDP growth by March 2011?

  6. Lanthanide 6

    Poor stats for the September quarter will be blamed on the earthquake, and more latterly the bad weather.

    Good stats for the December quarter (somewhat buoyed by the earthquake recovery) will be attributed to the tax cut. If results in December still aren’t great, they will be attributed to the earthquake and bad weather again, with the tax cut being the only thing that stopped it being worse.

    You heard it here first.

    captcha: indication

    • ghostwhowalksnz 6.1

      Under English , the sun always shines even if he has to steal the laughter from children to prove it.

      Meanwhile Key has given all his ‘relaxed’ quotes to the Indian Games organisers for free thus sending the currency into a tail spin, of which he luckily shorted last week thus making another $10 mill

  7. BLiP 7

    It takes a special kind of relaxed comfort to believe Blinglish is doing a good job.

  8. insider 8

    “Top half of the OECD by 2011” anyone?

    How about “closing the gaps”?

    or “we could become the world’s first truly sustainable nation” and “carbon neutral”

    or we could just head to the beach and “ride the knowledge wave”

    Birds do it, bees do it, even fascinating fleas do it. All make hollow promises on flawed assumptions.

    • r0b 8.1

      Its true that Labour didn’t achieve all of its goals insider, but it did a whole lot better than these wallies.

      And this post wasn’t about National’s big claims – catching Australia by 2025, becoming the financial hub of the Pacific – that kind of thing. It was about the basic bread and butter. Jobs and economy. Key is making false claims about the very basics, and the Nats have no clue how to get it right.

      • Jim Nald 8.1.1

        Hmm, Key & Nats wanna run the marathon, can’t sprint and don’t quite know how to walk.

      • Zaphod Beeblebrox 8.1.2

        Key’s back office financial hub plan is the most ridiculous BS, pie in the sky dream I have ever come accross. Most of the jobs are not even very well paid and you would need to convince firms to sack people in Sydney, Mumbai and Toyko.

        It follows the successful economic example of Ireland which ha sdone really well from its flirtation with international finance he he..

  9. Draco T Bastard 9

    John Key and the Nats — over-promising and under-delivering. It’s all they know how to do.

    Oh, I don’t know. They seem pretty good at spin and outright lies as well.

  10. Irascible 10

    On “Smile & Wave, Scuttle & Run” Key’s assessment of Double Dipton’s economic management we should be racing past Australia at any moment now. Our wages should exceed those received in Oz, business will be super optimistic, employment will be higher than that under Labour and tourists will be careening down the shnkey cycleways in ever increasing numbers.
    Ah yes.. “Smile & Wave, Scuttle & Run” certainly knows his economics.

  11. Irascible 11

    Good to see “Smile & Wave, Scuttle & Run” living up to his reputation – especially as things get tough in N.Z. http://www.stuff.co.nz/national/politics/4165382/Key-takes-overseas-holiday

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