10 March 2008

Muldoonism all round

Several blogs have commented, quite rightly, about Dr Michael Bassett's excellent column about the posturing on foreign investment by Labour. Bassett, as on of the more honourable Ministers of the fourth Labour government, clearly is non-plussed about his former colleagues being upset. Statements such as "the “whatever it takes” mentality that the Labour Party uses these days when they campaign for re-election" say a great deal.

Labour, having lost the votes of most businesspeople, much of provincial New Zealand, many Maori and most of those on middle to higher incomes, is now pandering to the Winston Peters crowd for votes. That's what Auckland airport is about, and the railways - the old Muldoonist crowd that is wary of foreign investment, the working class semi-literates who are easily fired up with xenophobic rhetoric.

Winston's Muldoonism isn't new. Back when he visited North Korea he was quoted as saying there is a lot for New Zealand to learn from North Korea. Funny how Labour chooses a man who is anti-foreign investment to be the Minister of Foreign Affairs isn't it?

Whatever it takes - Labour has spent the surplus up, to make tax cuts harder, but can also claim any spending cuts will "hurt health and education", forgetting that the increases have done little to improve either. Labour will scaremonger that National will hurt the poor and damage the fragile economic growth, that has been in decline in the last few years.

1 comment:

Waymad said...

I well remember Winnie figuring in one of the sections in Rees-Mogg and Davidson's classic 'Sovereign Individual'. The closing sentence quote (after labelling him as a demagogue) runs like this:

"Wherever you turn, there are politicians who will gladly thwart the prospects for long-term prosperity just to prevent individuals from declaring their independence of politics".