1 00:00:00,400 --> 00:00:02,480 Speaker 1: People have been looking at the polls, and that was 2 00:00:02,520 --> 00:00:05,120 Speaker 1: at home yesterday looking at all the stories about the polls. 3 00:00:05,559 --> 00:00:07,920 Speaker 1: I don't think people are telling pollsters that they would 4 00:00:08,000 --> 00:00:10,840 Speaker 1: vote for labor because they would actually vote for labor. 5 00:00:11,320 --> 00:00:14,520 Speaker 1: Labour hasn't got any policies. They are an empty vessel. 6 00:00:15,000 --> 00:00:18,680 Speaker 1: It's captain still, according to most recent polling, less popular 7 00:00:18,800 --> 00:00:22,360 Speaker 1: than Luxon. This is a protest vote. They're telling the 8 00:00:22,400 --> 00:00:25,520 Speaker 1: Prime Minister, hey, hurry up and do something else to 9 00:00:25,520 --> 00:00:27,960 Speaker 1: rescue the economy that the last lot and the trade 10 00:00:28,000 --> 00:00:30,639 Speaker 1: will have suppressed. You don't throw the baby out with 11 00:00:30,680 --> 00:00:32,880 Speaker 1: the bathwater and back a team that has no plan. 12 00:00:33,840 --> 00:00:37,640 Speaker 1: That clown, literally a clown that's running in the Wellington 13 00:00:37,800 --> 00:00:40,600 Speaker 1: Meryal race, has more policies than hipkins right now. He 14 00:00:40,680 --> 00:00:43,159 Speaker 1: wants to turn the base and Reserve into a swamp. 15 00:00:44,240 --> 00:00:47,040 Speaker 1: Sure it's mad, but at least it's a policy. Late 16 00:00:47,120 --> 00:00:50,440 Speaker 1: last year and earlier this year, the recovery was on track. 17 00:00:50,720 --> 00:00:53,800 Speaker 1: It was heading in the right direction. They got hit 18 00:00:53,880 --> 00:00:57,600 Speaker 1: by Trump's Liberation Day. Confidence and investment took a massive hit. 19 00:00:57,680 --> 00:01:00,640 Speaker 1: The markets were in free fall. Remember that long ago, 20 00:01:00,760 --> 00:01:04,160 Speaker 1: but you do forget it's throwing everything. Of course now 21 00:01:04,200 --> 00:01:06,959 Speaker 1: You can argue that National went too hard and fast 22 00:01:07,040 --> 00:01:10,840 Speaker 1: on cutting the spending and stopping infrastructure projects, but at 23 00:01:10,840 --> 00:01:13,920 Speaker 1: the same time they were voted in to stop wasteful 24 00:01:14,040 --> 00:01:17,920 Speaker 1: spending on dumb stuff. That's what we asked them to do. 25 00:01:18,760 --> 00:01:22,200 Speaker 1: Many think that hasn't actually gone far enough. Just yesterday 26 00:01:22,200 --> 00:01:24,480 Speaker 1: we learn of one hundred jobs going at the Reserve Bank, 27 00:01:24,840 --> 00:01:28,520 Speaker 1: which under Adrian Or wanted a budget of more than 28 00:01:28,560 --> 00:01:32,840 Speaker 1: a billion dollars and to keep twice the number of 29 00:01:32,920 --> 00:01:36,679 Speaker 1: staff that they started the pandemic with. Does that sound 30 00:01:36,760 --> 00:01:40,440 Speaker 1: reasonable to you? This comes down to a question of 31 00:01:40,560 --> 00:01:43,120 Speaker 1: who is best place to invest in this country, the 32 00:01:43,120 --> 00:01:46,960 Speaker 1: private sector or the state. The answer of courses a 33 00:01:46,959 --> 00:01:50,520 Speaker 1: bit of both, But it's chicken or egg stuff right now. 34 00:01:51,040 --> 00:01:54,520 Speaker 1: One thing is for sure. If the only thing capable 35 00:01:54,560 --> 00:01:57,400 Speaker 1: of keeping this country afloat is government borrowing like the 36 00:01:57,480 --> 00:02:00,920 Speaker 1: last lot did, then we'll only ever end up back 37 00:02:01,080 --> 00:02:05,680 Speaker 1: in this same position over and over again. The medicine 38 00:02:05,840 --> 00:02:10,079 Speaker 1: needed to dig us out of this hole is nasty, tastes, disgusting, 39 00:02:10,200 --> 00:02:16,440 Speaker 1: completely unpalatable, but the disease it's treating was worse. For 40 00:02:16,560 --> 00:02:19,520 Speaker 1: more from early edition with Ryan Bridge. Listen live to 41 00:02:19,639 --> 00:02:22,800 Speaker 1: news talks it'd be from five am weekdays, or follow 42 00:02:22,840 --> 00:02:24,440 Speaker 1: the podcast on iHeartRadio