MEDIAWATCH: Liam Dann starts backpedaling on the green shoots of recovery champagne

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Oh Jesus, this is priceless.

Here was Liam Dann at the end of last year when the Right were pimping the green shoots of recovery…

Pop the bubbly, the economic recovery is here (finally) – Liam Dann

…now as the reality of that bullshit fades, here he is today…

CPI preview: Stubborn inflation could mean interest rates rise sooner than forecast

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…those green shoots of recovery are really the dried snot of desperation.

Where’s your champagne now Liam?

The economy IS NOT getting better despite Luxon’s ‘Growth, growth, growth’ mantra.

The only growth has been in meth consumption, unemployment, liquidations, food banks and the departure lounge of every International Airport in the country!

The Economy is NOT going to get better, as Bernard Hickey points out

The problem for Luxon is his Government is relying on a 1990s and mid-2000s strategy of businesses and households stepping forward to spend their savings and borrow more to invest and spend in shops, car dealerships and in the housing market. Back then, the private sector replaced the Government’s stimulus because spenders were younger and less-indebted, interest rates were cut by more, and businesses used to borrow from banks to expand. Neither have done that since 2019.

…after 2 years National have nothing to show the people other than crony capitalism and culture war revenge fantasies masquerading as social policy.

The Economy is in far more serious shape than free market cheerleaders will admit.

 

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5 COMMENTS

  1. As mentioned in an earlier post the economy is going to get much worse despite the usual idiots proclaiming otherwise. Labour will be required to clean up Nationals mess( again).

  2. ” The only growth has been in meth consumption, unemployment, liquidations, food banks and the departure lounge of every International Airport in the country! ”

    Bomber great response.

    Any chance of getting that on billboards and bus stops ?

  3. ” …after 2 years National have nothing to show the people other than crony capitalism and culture war revenge fantasies masquerading as social policy ”

    Of course.

    Now Hipkins , Sepuloni and the rest of the LINO caucus and strategists , what have your business corporate donors said you can promise the great unwashed to take to the election campaign ?

    We are breathless with boredom and apathy.

  4. The only cork that is being blown out is reserved for the top and its enablers as they celebrate their continued political and economic suppression of the majority of our people with no opposition or fightback.

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