I found it somewhat bewildering, if not sad, that Ginny Andersen on this show yesterday said foreign investment wasn’t the answer to our problems.
Because, actually, it is.
What we don't have as a country is size and scale.
If we want to participate in the world, we need the world involved in what we do.
We are not like America where you can, at least partially, pretend that you can produce everything you need locally and whatever it is you do produce is sold to a local market.
In fact, Ginny's lack of basic economic understanding may well give some insight into why we are having the event we are over the next two days.
Labour's view of the economy is so small and insular. It is why the borders were closed for so long, why tourism has not bounced back, why the world has moved on without us and why this new Government has had to travel so many miles to knock on so many doors, saying "don’t forget about us".
It could also be a clue, if you have noticed, as to why they are currently exercised in Parliament over the idea of the public health system using the private health system to churn through some elective procedures.
Forgetting of course that even they did the same thing and that it has in fact been common practice for ever, and if you have a bed and a team sitting there with capacity, do you really care whether the place you get the knee done is public or private?
Anyway, the Prime Minister will be relishing this next week, given he is pitching not just here but India as well and will be able to get back to doing what, by all reports, he does best - hustle and sell.
The polls might be problematic for a variety of reasons, but you can't possibly mark this lot down for not getting out into the world and re-engaging both trade and foreign policy-wise.
Between the Prime Minister, Winston Peters and Todd McClay, many circuits of the globe will have been completed. He is also right that the world is awash with cash looking for a place to land.
We once were that place to land. We were once that rock star economy. We once had our act together.
Today and tomorrow, hopefully, is about restoring our rightful place as progressive go getters.
Mike Hosking is a New Zealand television and radio broadcaster. He currently hosts The Mike Hosking Breakfast show on NewstalkZB on weekday mornings - where this article was sourced.
If we want to participate in the world, we need the world involved in what we do.
We are not like America where you can, at least partially, pretend that you can produce everything you need locally and whatever it is you do produce is sold to a local market.
In fact, Ginny's lack of basic economic understanding may well give some insight into why we are having the event we are over the next two days.
Labour's view of the economy is so small and insular. It is why the borders were closed for so long, why tourism has not bounced back, why the world has moved on without us and why this new Government has had to travel so many miles to knock on so many doors, saying "don’t forget about us".
It could also be a clue, if you have noticed, as to why they are currently exercised in Parliament over the idea of the public health system using the private health system to churn through some elective procedures.
Forgetting of course that even they did the same thing and that it has in fact been common practice for ever, and if you have a bed and a team sitting there with capacity, do you really care whether the place you get the knee done is public or private?
Anyway, the Prime Minister will be relishing this next week, given he is pitching not just here but India as well and will be able to get back to doing what, by all reports, he does best - hustle and sell.
The polls might be problematic for a variety of reasons, but you can't possibly mark this lot down for not getting out into the world and re-engaging both trade and foreign policy-wise.
Between the Prime Minister, Winston Peters and Todd McClay, many circuits of the globe will have been completed. He is also right that the world is awash with cash looking for a place to land.
We once were that place to land. We were once that rock star economy. We once had our act together.
Today and tomorrow, hopefully, is about restoring our rightful place as progressive go getters.
Mike Hosking is a New Zealand television and radio broadcaster. He currently hosts The Mike Hosking Breakfast show on NewstalkZB on weekday mornings - where this article was sourced.
6 comments:
Unfortunately Labour's and the Greens' puerile understanding of the economy works with voters, because to most of them the economy is only about what they receive each week without worrying about how it is produced or paid for.
Foreign investors, we are open for business, but be warned, New Zealand is no longer a democracy but now a functioning ethnocracy. Did Luxon mention that fact?
If successful, all will be paused while Iwi determine the Maori slice of the future financial pie - and Luxon/National bow in agreement.
I get that material wealth is important, and only a fool would deny this. But look at the language being used here:
"...given he is pitching not just here but India as well and will be able to get back to doing what, by all reports, he does best - hustle and sell."
"...the world is awash with cash looking for a place to land.
We once were that place to land. We were once that rock star economy. We once had our act together.
Today and tomorrow, hopefully, is about restoring our rightful place as progressive go getters."
Open boarders, open markets, the free movement of goods, people, services and capital, a post-national system of economic zones.
A globalist wet dream perhaps, but in the long run, guaranteed to rape a country and rip apart the social fabric that the economy is supposed to serve, not the inverse.
When international capital can freely come in and out of a nation at the press of a button, then the international owners (or borrowers) of that capital are in control, not people sitting in Wellington.
That's the model our overlords enslave us with their Open Society, which they tell us is imperative and the antidote to the oppression and enslavement inherent in a closed society.
'We were once that rock star economy.' Perhaps if you go back to the 1950’s. Yet you will be alluding to the ponzi scheme run by Key. Selling the country down the gurgler by mass immigration to make it look good. Now we pay the price, how anyone can still fall for his smarmyness is beyond me.
Who or what in their right mind would put money into a Country rife with apartheid and with one section of society allowed to suck on the State teat while exercising a veto on anything they want a cut from? Come on, tell me, I'm listening and I am wearing my hearing aids.
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