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Ryan Bridge: Labour's getting protest votes · Early Edition with Ryan Bridge

• 0:00
  Speaker 1: People have been looking at the polls, and that was
• 0:02
  Speaker 1: at home yesterday looking at all the stories about the polls.
• 0:05
  Speaker 1: I don't think people are telling pollsters that they would
• 0:08
  Speaker 1: vote for labor because they would actually vote for labor.
• 0:11
  Speaker 1: Labour hasn't got any policies. They are an empty vessel.
• 0:15
  Speaker 1: It's captain still, according to most recent polling, less popular
• 0:18
  Speaker 1: than Luxon. This is a protest vote. They're telling the
• 0:22
  Speaker 1: Prime Minister, hey, hurry up and do something else to
• 0:25
  Speaker 1: rescue the economy that the last lot and the trade
• 0:28
  Speaker 1: will have suppressed. You don't throw the baby out with
• 0:30
  Speaker 1: the bathwater and back a team that has no plan.
• 0:33
  Speaker 1: That clown, literally a clown that's running in the Wellington
• 0:37
  Speaker 1: Meryal race, has more policies than hipkins right now. He
• 0:40
  Speaker 1: wants to turn the base and Reserve into a swamp.
• 0:44
  Speaker 1: Sure it's mad, but at least it's a policy. Late
• 0:47
  Speaker 1: last year and earlier this year, the recovery was on track.
• 0:50
  Speaker 1: It was heading in the right direction. They got hit
• 0:53
  Speaker 1: by Trump's Liberation Day. Confidence and investment took a massive hit.
• 0:57
  Speaker 1: The markets were in free fall. Remember that long ago,
• 1:00
  Speaker 1: but you do forget it's throwing everything. Of course now
• 1:04
  Speaker 1: You can argue that National went too hard and fast
• 1:07
  Speaker 1: on cutting the spending and stopping infrastructure projects, but at
• 1:10
  Speaker 1: the same time they were voted in to stop wasteful
• 1:14
  Speaker 1: spending on dumb stuff. That's what we asked them to do.
• 1:18
  Speaker 1: Many think that hasn't actually gone far enough. Just yesterday
• 1:22
  Speaker 1: we learn of one hundred jobs going at the Reserve Bank,
• 1:24
  Speaker 1: which under Adrian Or wanted a budget of more than
• 1:28
  Speaker 1: a billion dollars and to keep twice the number of
• 1:32
  Speaker 1: staff that they started the pandemic with. Does that sound
• 1:36
  Speaker 1: reasonable to you? This comes down to a question of
• 1:40
  Speaker 1: who is best place to invest in this country, the
• 1:43
  Speaker 1: private sector or the state. The answer of courses a
• 1:46
  Speaker 1: bit of both, But it's chicken or egg stuff right now.
• 1:51
  Speaker 1: One thing is for sure. If the only thing capable
• 1:54
  Speaker 1: of keeping this country afloat is government borrowing like the
• 1:57
  Speaker 1: last lot did, then we'll only ever end up back
• 2:01
  Speaker 1: in this same position over and over again. The medicine
• 2:05
  Speaker 1: needed to dig us out of this hole is nasty, tastes, disgusting,
• 2:10
  Speaker 1: completely unpalatable, but the disease it's treating was worse. For
• 2:16
  Speaker 1: more from early edition with Ryan Bridge. Listen live to
• 2:19
  Speaker 1: news talks it'd be from five am weekdays, or follow
• 2:22
  Speaker 1: the podcast on iHeartRadio