Showing posts with label Aftermath of the pandemic requires a completely different approach to economic management. Show all posts
Showing posts with label Aftermath of the pandemic requires a completely different approach to economic management. Show all posts
Tuesday, February 20, 2024
Professor Robert MacCulloch: Getting NZ back to where it belongs can't be done by running a John Key-style National Party. Can Luxon do it?
Labels: Aftermath of the pandemic requires a completely different approach to economic management, Professor Robert MacCullochThis blog long predicted that when Chris Luxon gained power there was a high likelihood of him simply copying the approach that John Key and Bill English took to growing the economy, which was driven largely by immigration & tourism (with the Christchurch construction rebuild picking up the rest). It sure did wonders for Key. Our GDP began surging in the post-Global Financial Crisis (GFC) era to the extent we got called a "rock-star economy". Record breaking rates of immigration worked back then as there was far less pressure on public services and infrastructure 15 years ago.
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