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Showing posts with label Chippys' controversial claim. Show all posts
Showing posts with label Chippys' controversial claim. Show all posts

Friday, October 13, 2023

Robert MacCulloch: For goodness sakes, some people you just can't help


For an entire week, this Blog has been focused on one issue - the false claim made by the PM that NZ's GDP growth rate is better "than every country, other than Japan" which he made to Hosking on Newstalk ZB. I saw it as crucial to the election campaign, which centers on economic credibility and in particular cost-of-living issues. The latest IMF figures, released two days ago, put NZ close to bottom on GDP growth - we're on track to be 180th out of 189 countries next year (and way down this year as well). I've checked the OECD Quarterly Growth Figures - since the PM inferred at one stage it maybe these numbers he's talking about - and NZ is certainly not 2nd after Japan there either.