Desperation is a stinky cologne and Andrew Little bathes in it

Higher spending is needed than allowed for under an agreed set of economic rules between Labour and the Green Party, the Council of Trade Unions (CTU) says.

The parties’ agreement was announced today in a publicity exercise designed to calm any fears about how they will manage the economy if in power.

The economic rules were welcomed by BusinessNZ, whose CEO Kirk Hope said such cross-party agreements provided more certainty for voters and helped political stability.

But the CTU, which represents more than 320,000 union members in 31 affiliated unions, is concerned about the limit on new spending the rules impose.

“We support higher levels of Government activity and investment than these rules permit. There is an urgent need. Many countries who are more successful than us socially and economically have much greater government activity,” CTU president Richard Wagstaff said.

“If an incoming Labour/Green Government is serious about fixing the problems we have in our education, health, housing and other public services, if it’s going to correct the imbalances we have in terms of pay equity, if we are going to really tackle income inequality and our environmental challenges together as a nation, then it will need to be prepared to invest significantly. That will test these rules as they stand.”

The set of economic rules were presented by Labour leader Andrew Little, finance spokesman Grant Robertson, and Green Party co-leader James Shaw at a business breakfast hosted by law firm Kensington Swan in Auckland, where the audience was made up of business leaders, bankers, economists, academics and NGOs.

The two parties said the new rules would give New Zealanders confidence about how the two parties would work together on economic issues.

It’s the beginning of the end for Little as he’s now said he’s going to the centre AND he’s disobeying the unions that gave him the job in the space of a week and a half. ?The pressure on him from inside the party to save list seats other than his own is unbearable. ?It’s all he can do to hold on to the leadership position.

In the unlikely event Labour forms a government, Little will be rolled within the first six months. ?The union masters will not tolerate this kind of personal initiative.

Add in the fact he’s now heading for a multi-year and very costly defamation case, his leadership now has a huge question mark over it.


– NZ Herald