Shaking her head in disbelief

My friend Denny is shaking her head in disbelief over state asset sales. Pop on over to her place and see what she has to say about the reality of minority and majority shareholdings:

State assets: to sell or not to sell

Is anyone else puzzled by poll results that show most New Zealanders don’t want the sale of state assets, yet most New Zealanders will vote for a National government? It doesn’t add up. JOIN THE DOTS NEW ZEALANDERS. If we don’t want state assets sold, then don’t vote for the party that wants to sell state assets.


6 comments on “Shaking her head in disbelief

  1. Giovanni says:

    Of course it adds up. It simply means that a majority of the people who are against asset sales don’t care enough about the issue for it to be the overriding factor in their vote. Pollsters like to think our opinions are like switches, on or off, but that’s no reason to go along with it.

    (Another pollster-created myth is that John Key is “incredibly popular”. Maybe he is, but really all we know is that he’s substantially more popular than Phil Goff.)

  2. homepaddock says:

    What Giovanni said.

    People’s support and votes are based on a lot of different issues and other factors including personality.

    What the polls show is that in spite of reservations about asset sales, National is still seen as a better option than the alternatives and John Key is more popular than Phil Goff..

    I’m active in National and I don’t agree 100% with all the party’s policies. But its philosophy is closest to mine and I think most of its policies will be better for NZ than most of the policies of the others.

    Do people who oppose asset sales support more debt or less capital investment because they are the alternatives?

  3. Denny says:

    I take your point. If I feel strongly about something, even if others hold a similar view it doesn’t mean they feel as strongly …

  4. Denny says:

    homepaddock, I agree that people vote for many different reasons.
    However, more debt or less capital investment are not necessarily the result of retaining state assets. People who oppose asset sales are as concerned about debt and capital investment as those who want to sell assets. We see income streams from the assets themselves, as well as from other sources. Economically and ideologically it’s a really complicated issue.

  5. […] of this, (for which I hat tip A Bee of A Certain Age)  Look Up At The Sky […]

  6. Stephen Judd says:

    I support more debt. It amazes me that people who know all about running a business, and who (often wrongly) analogise government operations to a business, people who would never dream of managing a company without debt, suddenly forget everything they know on this point.

    If the return on an asset is higher than the interest rate on the debt, it never makes sense to sell, except to purchase an asset with an even higher rate of return.

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