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notices and features - Date published:
11:12 am, August 6th, 2009 - 22 comments
Categories: economy, news, unemployment -
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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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De-stocking the dairy industry by 20% is going to do SFA to help create jobs.
Will give them a feel good feeling though.
how about two cycleways then?
I’d like a go-kart track, NZ long!
We’ve got one already. It’s called State Highway No 1.
that’s way worse than economists’ expectations of 5.5%-5.7%.
but close to Reserve Bank 5.9%
But has the job loss slowed yet?
That’s because economists use models that don’t particularly relate to reality. I’m still expecting unemployment to reach double digits.
Looks like the unions got it right again.
http://www.radionz.co.nz/news/stories/2009/08/04/1245c13d415d
Bennett’s already in ‘no big deal’ mode. oh dear. http://www.scoop.co.nz/stories/PA0908/S00079.htm
captcha: works
captcha: ten – will Bennett start caring when it hits ten percent?
scoop typo: The Household Labour Force Survey puts the official rate of unemployment at 60 percent for the June quarter, up from 5.0 percent on March.
If National Inc had some sort of cohesive, workable vision, even an “aspiration going forward”, I wouldn’t feel so dismayed about these latest statistics. But, no, there’s nothing from National Inc. Anyone remember the plan to fix the economy as outlined on 9 December 2008:
Now that we know the “essential step” of its economic plan was a chimera, what has been proposed in its place? Nothing. Sweet fuck all. So bereft of ideas and so focus-group driven National Inc is floundering around creating a policy vacuum that sees Roger Douglas and Don Brash slithering back into positions where they can do real harm.
Sell the schools, sell the prisons, sell the provision of social services, sell the public service HR and payroll functions, start the beneficiary bashing, tip the aged out of the work force, raise the age limit for the pensions, and back to the 1980’s here we come.
Thanks National Inc. I’m lovin’ it.
Don’t forget limit access to any form of education in order to keep the masses in their rightful place.
Sadly I fear we are headed a couple of centuries back rather than a couple of decades, at the rate they are going, we will end up with distinct class systems with great hatred for the “other side”.
A good boot camp will sort that defeatist attitude out of you, my boy.
LOL @ the thought of it!
This 40 yr old mother of 3 is one of the many that are not included in today’s statistic, but should be, while I struggle to find employment.
The largest quarterly increase in unemployment since 1988.
This is the quarter that National’s ‘stimulus’ of $1 billion tax cuts for the top 3% took effect.
Worst part is that all the steps Cullen took late last year- tax cuts etc and the effects of the interest rate cuts last year, which served us well during January-April will be through the system. Now we’ll have to rely on the cycleway and 9 day fortnight to save us. Meanwhile Aussie and the U.S. are starting to show signs of growth as their governments actually anticipated what was coming.
There’s a world wide recession going on dont you know?
Still glad to see Chris Carter is keeping the airlines in business.
Funny cant see any posts here at the standard about him, there’s a dozen or so about English though.
The standard= NZ’s answer to Faux News.
Why has Australia’s unemployment remained stable at 5.8% from last month whilst NZ has gone from 5.0 to 6.0% over tha last quarter? What does that say about the performance of the two economies?
It will either be lies, damn lies and statistics, or that the Labor government in Australia is better at running an economy than the National government in New Zealand.