It seems fitting (was it deliberate?) that Douglas used the theme of the 1984 cult film Ghostbusters for his soundbite moment in his PowerPoint presentation to delegates yesterday afternoon. 1984, of course, was the year the Fourth Labour Government began its programme of neo-liberal economic reform. Yesterday, “Growthbusters” was what Douglas termed the current government led by the Labour Party since 1999. But not actual economic growth – this would be difficult to justify, given that New Zealand has enjoyed uninterrupted growth since the brief 1998 recession. Instead, he used the decline in productivity by half since 2000 as evidence...
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