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Ryan Bridge: Banning and taxing won't solve the problem · Early Edition with Ryan Bridge

• 0:00
  Speaker 1: This week, the Tony Blair Foundation warned to Andy Berman
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  Speaker 1: that Burnham I should say the incoming British Prime Minister
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  Speaker 1: that you can't tax your way to prosperity. Some of
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  Speaker 1: our politicians could probably use a similar lecture. We have
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  Speaker 1: parties wanting new taxes to fund what is basically a
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  Speaker 1: universal basic income, even though AI hasn't yet stolen the
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  Speaker 1: number of jobs that they claimed that it would. In fact,
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  Speaker 1: there's a Wall Street Journal piece out this morning that
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  Speaker 1: talks about exactly this point. Even big tech seems to
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  Speaker 1: be you turning on the job's doomsday scenario that's been
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  Speaker 1: painted for AI. We had the Greens yesterday come out
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  Speaker 1: with that policy that was not serious but potentially quite
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  Speaker 1: destructive to our standard of living. You can read it
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  Speaker 1: on their website. It's four pages long. Two of the
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  Speaker 1: pages of pictures and photos Cows are gone should be
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  Speaker 1: gone capped. Synthetic nitrate fertilizer should be phased out. Bottom
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  Speaker 1: trawling should be banned. Zero detail on when, how, and
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  Speaker 1: the economic impact of doing so in this four pages.
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  Speaker 1: Same goes for bottom trawlings. Seventy percent of our fishing
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  Speaker 1: industry by volumes caught by trawling within a meter of
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  Speaker 1: our sea floor. Did you know that? The industry did
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  Speaker 1: you know? Worth five billion a year sixteen thousand plus jobs.
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  Speaker 1: Dairies our biggest export sixteen billion a year. To try
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  Speaker 1: and take them down is to launch an assault essentially
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  Speaker 1: much like the Chinese on our standard of living, akin
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  Speaker 1: to the doomsday AI job wipeout that was once predicted
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  Speaker 1: to happen but hasn't yet eventuated. On top of this,
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  Speaker 1: there's a plan for more taxes, which, remember even Tony
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  Speaker 1: Blair admits, is no plan for prosperity. The thing about
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  Speaker 1: the Greens the River plan is that the partly right
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  Speaker 1: agricultural runoff has made many rivers unswimmable in New Zealand.
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  Speaker 1: But simply banning and taxing things does not solve problems.
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  Speaker 1: It creates new ones, like how are we going to
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  Speaker 1: feed the kids? Create jobs or stay in the OECD
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  Speaker 1: For more Familier Edition with Ryan Bridge, listen live to
• 2:04
  Speaker 1: Newstalk SETB from five am weekdays, or follow the podcast
• 2:08
  Speaker 1: on iHeartRadio