Sunday, October 19, 2008

John Key under fire from the sloppy thinkers

On page 24 of the NZ Herald on Sunday today (and quoting from the opposable thumb blog), there is the following statement: "Key would be the last person qualified to run an economy, especially as the particular business he was in - investment banking - is all about maximising profit pretty much regardless of other considerations, and doubly especially given the current crisis, which has been visited on us by the colossal mismanagement of, you guessed it, investment bankers".

I didn't think this was fair on Key, so I thought I'd make a few brief comments:

- If you were in a plane, and planes all around the would started falling out of the sky, and then your pilot died, would you rather put someone in the seat with plenty of prior experience as a pilot? or would you think it sensible to blame the problem on all pilots and put someone with no experience in the job instead? 
- All Kiwi's should want the country to do well - what is wrong with being aspirational and having a leader who wants the country to run profitably? I like the idea of sound business principles being applied on a country level so that we all end up wealthier.  If Key has experience and a successful track record in maximising profit, then isn't that a good thing for us all?
- Would Key *really* be the *last* person qualified to run the economy? I suppose a P-addicted gang member could be more exciting...
- Is cutting political commentary really your skill if you use expressions like 'doubly especially'?

2 comments:

Igor Portugal said...

Good rant Seeby, Loved it!

Igor.

Andrew B said...

When the downturn in the economy was clear as crystal to everyone he campaigned on tax cuts and no spending cuts. (Indeed he swallowed so many socialist Labour policies that Labour Party supporters must have thought they'd be getting a continuation of socialist government only with a new face in charge.)

Now anyone knows that if you don't cut spending and the value of profits drops such that the taxes you take drop then there won't be any room for tax cuts without cutting spending. He continued to campaign that way though so he is either incredibly stupid or dishonest. My bet is that he thinks the NZ pulic is the former while he is the latter.