Tuesday, October 18, 2011

National's economic record

One of National's core myths is that, as businessmen, they are naturally better economic managers. Last election, they used this myth to campaign on the promise of a "step-change" in the economy. So, how'd that work out?


Well, they delivered, I guess. Its definitely a "step-change". Its just a shame it was in the wrong direction.

Meanwhile, this election they're "running on their record" and promising us a "brighter future" (for which they supposedly have a Plan). But the policies they are offering are the same as those which have given us this failure: austerity, wage cuts, letting the market sort itself out. Albert Einstein once said that insanity was doing the same thing over and over again and expecting different results. And that is exactly what National are doing on the economy.

[Hat-tip: Red Alert]