Set the table for bread and butter - or in this case, fruit and veg: Labour fired its opening election campaign salvo on Sunday with a starkly populist pitch for tax-free produce. The party is pushing ahead with the pre-announced policy despite hiccups in the reveal and near-universal opposition from experts - including in its own ranks: a clear sign the party is putting polling ahead of principle.  In this week's Focus on Politics, Deputy Political Editor Craig McCulloch assesses the political calculus behind Labour's vote-grabbing GST policy.

Even Labour’s own ministers have spoken out against this policy, it genuinely baffles me why they decided to go ahead with this.

  • flambonksciousEnglish
    11·
    1 year ago

    A receding tide lowers all boats?

    I don’t really know where I’m going with this, I just thought it was funny

    • BalpeenHammer@lemmy.nz
      1·
      1 year ago

      The rising tide is the dumbest thing economists ever thought of. It actually typifies the short sighted scientifically illiterate nature of economics thought.

      I guess they never realised there was a finite amount of water in the world and rising tides in one place meant ebbing tides in another.