Never argue with an economist
July 1st 2010 03:14
John Key
New Zealand Prime Minister John Key sniffed a political opportunity and made a public pronouncement that Bollard's comments were negative. His government, he said, was pursuing policies to raise New Zealand income levels to match those of Australia within 15 years.
Bollard, who has a PhD in Economics, an Honorary Doctorate in Laws and a lot of common sense, said nothing.
But the television station TVNZ sniffed a journalistic opportunity and conducted a poll asking people whom they believed. More than 70 per cent believed Bollard, about 20 per cent sided with Key.
Economics 1, Politics 0.
image: Otago Daily Times
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