Bye bye Buy New Zealand made
Posted December 7, 2008on:
Buy New Zealand made is gone – good.
The stated aim of the campaign was to protect New Zealand jobs – but why would rejecting imports in favour of domestic production save jobs?
If we import things, we have to make more exports to pay for them! Ultimately, trading with the rest of the world allows us to focus on what we are relatively best at, while they focus on what they are relatively best at – then we can trade and all be better off!
Chris Worthington at Infometrics has discussed this before in the Dom Post.
Of course – we can try to justify the policy on other grounds (I can only think of one that would make any sense though). But overall I think this is Nationals first good economic policy decission – it doesn’t make up for the “40%” of Kiwisaver in NZ rubbish, but its something😛
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