Did National really want to be measured on how much it would grow by?

by frog

Kiwiblog and National’s Nick Smith are both complaining that the Greens ‘criteria for choosing who we could or could not work with after the election were biased because they did not ask what each party was going to do to grow the economy or create wealth. This is the perfect opportunity to segue into another aspect of the Greens’ Economic Policy released yesterday: growth.

To grow an economy requires more resources – including carbon, water, trees raw materials, and energy sources.  3 percent growth normally means more carbon is burnt, more trees are felled more water is polluted. Case in point – Labour’s growing economy of the last nine years. Technology can ameliorate this problem but not completely negate it. When the wrong parts of the economy grow too fast it depletes our resources.  And we only have a set amount to use.  There is no re-deal of cards if we don’t like the hand we’ve been dealt or we accidentally play our good cards too early.

Incidentally the economy also requires the environment to clean up after it, by absorbing and recycling pollutants.  Again, the environment has a limited ability to do this.  The more we use up that ability now, the less time left before we reach a tipping point in on our planet’s biodiverse sustainability.

So Nickk (Did I mention Russel only has one ‘l’) I’m not quite sure why you think being measured on your plans to put our economic growth into overdrive would have done anything to change the outcome of the Greens decision this afternoon not to work in coalition with National.  I suspect the result was more likely cemented in the last months by National’s increasingly apparent policy agenda, including refusing to front up on emissions trading, strip-mining the Resource Management Act and scrapping the $1 billion energy-efficient home insulation fund. Smith’s criticisms of Labour in his media release are all true, and he will see the Greens’ analysis reflect that, but sadly National fared even worse on the same test.

frog says

Published in Campaign | Economy, Work, & Welfare | Environment & Resource Management by frog on Mon, October 20th, 2008   

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