Economic policy crucial for election

For all the sideshows and media circuses around particular policies, people and events, when it comes to elections what really matters most to most voters are the economy, education, health, welfare and security.

The ability to make significant progress in the last three depends on the first.

The economy really does matter most and, as Rob Hosking points out in the print edition of the NBR (not online), economic policy will be crucial in the election and that’s an area of tension for the opposition.

While attention has been on likely tensions between Labour and the Greens, there are also tensions within Labour – tensions between those who kind of get the importance of economic growth and those for whom it is more an academic exercise.

This group is never exactly anti-economic growth; they just view the policies required to produce that growth with a degree of disdain and, by and large, they would rather talk about climate change and taxing things more.

And Mr Parker is definitely from this wing of Labour.

With a preference for talking about climate change and taxing more, that wing has a lot in common with the Greens.

The phalanx of economic spokesperson-ships Mr Cunliffe announced on Monday is not, if labour were to form a government, just there to form a human shield around Beehive photocopiers so Russel Norman doesn’t go berserk with the currency.

It is also to balance out Labour’s own tensions.

A party with internal tensions over economic policy isn’t one best placed to run the economy.

Against this, National will have the known quantity of Mr English, who should be able to offer a return to surplus and, no doubt some election sweeteners (probably on savings and investment policy) and a track record of having got through the worst economic crisis since the 1930s in what is actually quite remarkably good shape.

That is going to be as important a match up as the John Key/David Cunliffe battle.

John Key and Bill English against Davids Cunliffe and Parker with Russel Norman wanting a major role too?

That’s sound economic policy that is working against a lurch to the left that has failed every time it’s been tried.

13 Responses to Economic policy crucial for election

  1. robertguyton says:

    Key and English are merely marking time til they’re gone, Ele.
    Won’t be long now.

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  2. robertguyton says:

    And please, the NBR?

    Your severe bias is showing.

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  3. Armchair Critic says:

    National’s strongest hand by far has been in health. Tony Ryall seems like a safe pair of hands compared to Parata, for example, but he’s not PM material.
    The economy is important, and I’d like to know why Mr Hosking thinks crony capitalism is sound economic policy that will win National a third term. Without access to the article I’ll have to guess that he doesn’t know what he’s talking about and he is yet another person who confuses who he wants in government and who will win the next election. Parker is more than a match for an ex-Treasury wonk who has spent most of his working career pretending to represent an electorate in a different island to where he lives.
    Welfare and security are also weak points for National.

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  4. pdm says:

    AC – surely you saw the damage the Clark/Cullen regime did to the New Zealand economy. In my view the country cannot afford another left wing government in my life time – I am 67.

    Tony Ryall is probably a better prospect as PM than anyone the left can put up – and just look what his wardrobe would do for the position – lol.

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  5. Armchair Critic says:

    You seem to presume I was in New Zealand, and interested in politics pdm.
    We agree about Ryall’s dress sense.

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  6. Gravedodger says:

    AC 11 20, you lost me when you got to “crony capitalism”.
    Do you really suggest the Nats should continue with “crony socialism.”

    Clapped out unionists and ex lab polys to run efficient business, come on is it not remotely likely the best suited people and enterprises will be “Nat Cronies”, ie have actually taken business risk, managed profitable enterprises, proven management skills, sheesh.

    Are you thick or attempting to be Homepaddock’s very own Sir Cullens Sidekick.

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  7. Armchair Critic says:

    No.

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  8. Paranormal says:

    And of course you have no bias RG? Whereas the NBR is required to be factual and present a balanced view.

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  9. Paranormal says:

    Those predicting a left win at the next election seem to willfully overlook the economic feel good factor people vote on. They still remember the pain of Liarbour taking us into recession 9 months before the rest of the world. They are also justifiably angry about those on welfare that don’t subscribe to a fair days pay for a fair days work.

    For those reasons the NBR is spot on.

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  10. Armchair Critic says:

    The economic feel good factor is always there for the people from whom the trickle-down is meant to be flowing.

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  11. Paranormal says:

    Wonderful leftist mantra AC.

    The economic feel good factor I am talking about is just how comfortable Waitakere man feels rather than how the economy is actually performing. Fortunately things are a lot better now that some of the levers of power have been taken away from government. We don’t have the possibility of a Muldoon able to control the economy by loosening monetary supply prior to an election so the feel good factor is there but bugger the inflationary impacts afterwards. (Thank you Ruth & Roger). Things will have to get worse economically for Waitakere man to come back to Liarbour.

    But hey, don’t worry about that, carry on your politics of envy. It will only further alienate Waitakere man.

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  12. Armchair Critic says:

    Good paranormal, that’s what I’m talking about too.
    Waitakere man is, in many respects, a myth. Still, it’s no skin off my nose if you continue to believe in such things.

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  13. Paranormal says:

    I use only Trotters creation to describe the workers who have moved away from the zealots on the left. They do exist and have moved to support National.

    BTW for the record I’m not a national supporter and don’t think I’ll be voting for them (or anyone) at the next election.

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