John Key – an idiot comment

There it went. Within a day of a tragedy involving real people, we’re back to ‘the impact on growth’.

“We were expecting the Canterbury rebuild to add to GDP growth”.

How stupid – there’s no other description. After the ‘rebuild’, they’d be back to where they were. The time, energy, and resources involved, not accounted. Add it up properly – resource depletion, pollution addition, energy use, time – and they’re behind.

GDP is a stupid yardstick, and totally irrelevant at times like this.

Pity it’s become a religion.


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