Home > A Little Blue Marble Called Earth, Dollars & Sense, Social Issues, The Body Politic > Johnny’s Report Card – National Standards Assessment – Sunrise, Sunset, and Outlooks

Johnny’s Report Card – National Standards Assessment – Sunrise, Sunset, and Outlooks

To Whom It May Concern; the following Report Card detail’s Johnny’s achievements over the last four years.

The following contrasts compare four years, ranging from the end of 2008 to the end of this year, 2012.

Whilst it is acknowledged that the Global Financial Crisis impacted harshly on our society and economy, it is also fair to say that National has had the benefits of starting out with a sound economy (surpluses, low unemployment, etc)  in 2008 and four years in office to make good on it’s election promises.

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Sunrise, Sunset, and Outlook for 2013

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What are we manufacturing today

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We need businesses producing high-value products for overseas markets and businesses using R&D to develop those products which drives other benefits, like better production processes and marketing.  Basically it’s about using innovation to drive our economy.

We have some of these companies already – the likes of Fisher and Paykel, Tait and Rakon. Our world-leading dairy industry also owes much of its success to innovation.” – Jonathan Coleman,  Associate Minister of Finance, 1 July 2011

See: EDANZ National Economic Development Forum – Speech Notes

It’s a funny old world we live in…

Sunrise Industries…

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Central Auckland super brothel approved

Full story

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tobacco-deal-creates-50-jobs-in-petone

Full story

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skycity-deal-puts-laws-up-for-sale

Full story

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Another liquor outlet set to open

Full story

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Sex, gambling, tobacco, alcohol – the new profitable industries of the 1st century? We seem to have left out other “growth” industries, the modern sex-slave trade in women and children, and arms manufacturing.

Oh. Wait. Maybe not,

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Govt funds still invested in cluster bomb makers

Full story

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Oh well, National and it’s  free-market fellow-travellers will be delirious with joy. If there’s a buck to be made from vices and weapons, they’ll be happy as a pig in mud.

Now if only they can find the price of a soul, and a market for it…

And the Sun sets on…

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Sounds silenced by $20m debt

Full story

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Borders, Whitcoulls under administration

Full story

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Real Groovy Wellington to close

Full story

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Closing chapter for fine arts bookshop

Full story

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Bookstore another victim of public sector cuts

Full story

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Marbecks music shop closes down

Full story

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Meanwhile…

Basically it’s about using innovation to drive our economy. We have some of these companies already – the likes of Fisher and Paykel, Tait and Rakon. - Jonathan Coleman,  Associate Minister of Finance, 1 July 2011

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Rakon cuts full-year profit guidance

Source

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F&P confirms job losses

Full story

Warning as Haier wins all

Full story

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Oh well, one (Tait) out of three still seems a ‘goer’. How long for, I wonder?

Meanwhile, how are our export and related sectors doing?

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Job losses blamed on high NZ dollar - more forecast

Full story

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And the stats back up the ODT story above,

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New Zealand in Profile_2012_economy

Source: New Zealand in Profile: 2012 – Economy

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Not too good it seems.  The red-highlighted sectors all declined from 2006 to 2011.

National’s “hands off” doctrine, in deference of the ‘Invisible Hand of the Market’, is certainly achieving one result; giving advantage to our exporting competitors from other nations. The Nats seem resigned (hellbent?) to more job losses; more exporters going under; more skilled tradespeople leaving for Australia; and a further decline ineconomic growth,

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Job losses inevitable in declining industries, say ministers

Full story

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What the hell!? The export sector is a “declining industry“?!?!

When even National’s allies – the Manufacturers and Exporters Association – are calling for government intervention about the high New Zealand dollar, it really drives home the seriousness of the crisis. An economic crisis that this time had it’s origins on Molesworth Street – not Wall Street.

For National to persist in it’s “hands off”  and obedience to Free Market dogma will have nasty consequences for our economy.

For 2013, expect,

  • unemployment to rise
  • the export sector to worsen
  • growth to remain low, under 1%
  • an early election this coming year, as Dunne and the Maori Party desert the National-led coalition.

It’s easy to predict – we’ve seen it all before.

Previous related blogposts

New Zealand’s OTHER secret shame

New Zealand’s OTHER secret shame – *Update*

NZ’s 21st Century Growth Industries – Drugs, Gambling, & Prostitution

Drugs & Gambling – NZ’s 21st Century Growth Industries?

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outlook for 2013

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= fs =

  1. 10 January 2013 at 6:43 pm | #1

    And I thought you were sunny yourself or sheltering out of the rain.
    What a great sumup. Took most of the morning and this needs to posted on ALL left leaning web sites.
    Please update in the buildup to 2014.
    Nat support thinks this man (imposter) is sliced bread.
    Not so – he’s BURNt TOAST.
    Great post. Admire your dedication.
    Cheers Garry

  2. samwise
    11 January 2013 at 5:59 pm | #2

    I’m waiting for Key’s next stoopid excuse for the next rise in unemployment.

  1. 14 May 2013 at 10:39 am | #1

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