The undermining of confidence – or why Radio NZ should try poking around in chicken guts

January 25, 2010

The buggers who produce the business bulletin for Radio NZ’s “Morning Report” had good news for us about employment growth when they kicked off their new year.

Then they found some stuff published by the Institute of Economic Research last year and fed that to their listening audience as if to say the more cheery expectation should be ignored.

The outrage is that Radio NZ cherry-picked their data and by-passed the optimistic stuff tucked away in the tables in the NZIER report.

Alf, who believes pessimistic economic news undermines business confidence and exacerbates recessions and slowdowns, was dismayed.

Did the wankers at Radio NZ have a bad Christmas holiday or something?

Read the rest of this entry »