The Treasury forecasters say 170,000 new jobs – so who are we to quibble?

June 10, 2011

And you can throw 170,000 net new jobs into your Budget speech, Bill.


Dunno why the socialist sceptics about employment growth don’t take their silly questions to the Treasury.

The bright buggers there know where their numbers come from.

And it’s their numbers that we find in the Budget forecasts.

Labour MPs are wasting their breath, therefore, trying to find out what the Ministry for Economic Development is doing to generate those jobs.

The role of the Treasury was emphasised by none other than The Boss just the other day in answer to a parliamentary question.

The irksome Jacinda Ardern asked him if he stood by his statement “the Budget will create in the order of 170,000 jobs”?

He put her in her place real fast:

“I stand by my full statement, which was: ‘The Treasury forecasts are that the Budget will create in the order of 170,000 jobs’, and that is true.”

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