Treacy: Economic growth may have been low but look at the boat that was
built. It is going to bring home the America's Cup. The peasents
will be happy with this.
[EMAIL PROTECTED] COPYRIGHTED
On Fri, 12 May 1995, Robert Peter Burns wrote:
> Ellen Dannin and others who haven't seen it
> should take a look at the transcript of
> the CBC program "Ideas" on New Zealand which
> is available in the pen-l archives. It's very
> long, so one should probably download it, and
> print it out. In NZ they have tried being
> even more Thatcherite than Thatcher, with
> disastrous results as the CBC program makes
> clear. NZ is the only country in the developed
> world in which income inequality has grown faster than
> in Britain. In Britain, the Rowntree Foundation has
> just put out a report on wealth and income trends in
> Britain during the Thatcher years. I'll post
> the address where you can get this separately.
>
> A few weeks ago a writer for the LA Times did a
> cheerleading piece on New Zealand--something like
> "NZ Profits from Tough Reforms". I sent him a
> copy of the CBC transcript. No reply yet.
> One bit that didn't make it into his piece was that
> AGGREGATE economic growth in NZ from 1984, when the
> free market crew took over, to 1992 was NEGATIVE 1
> percent, compared to an OECD average of positive
> 20 percent.
>
> Cheers,
>
> Peter Burns SJ
> [EMAIL PROTECTED]
>
