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by alphaalpha101
3227 days ago
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1% growth is completely irrelevant. That's what I said: effectively in recession. The difference between 1% growth and 1% shrink is nothing. There's no reason we shouldn't be growing much more quickly. But we're not going to do so in a neoliberal world. That's just not going to happen. Draining the wealth of society to a small group of people that spend little money just doesn't drive growth. People can't spend and drive the economy when they're dirt poor. |
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It seems like NZ is growing at a pace of around 3%p.a. You're free to argue that there's some fantastic economic system that only you know, but most people will rightfully be sceptical of such claims unless you have a few examples of countries at NZ's high level of development growing at a much higher pace.
Other than that I've lost track of what were arguing. It appears as if you just start making completely unrelated arguments when you're proven wrong.