Andrew Dickson

@andrewdickson13.bsky.social

These days mainly I do DIY and chase dogs. I also run a tiny gym with the best view in Aotearoa. Also an academic. Father to a disabled kid so I do the advocacy thing as well. Psychoanalysis; Lacan; MMT.

In the decade to 2024, borrowing for course fees rose 31%, borrowing for living costs rose 98%: Young NZers are increasingly borrowing to eat while they study. Next time Seymour warns against burdening our children with debt, enjoy the inversion. #nzpol andrewdicksonnz.substack.com/p/sixteen-bi...

Sixteen Billion Dollars of Nothing

A thought experiment for Labour: move the student loan book from one ledger to another and watch what happens.

andrewdicksonnz.substack.com

Worth reading. 6% David doesn’t care. It’s a joke he’s even in power. A plurality of us hate him. All he exists to do is feed BS to ppl while he funnels money to his Atlas masters by destroying society for 80% of us. The RW: “It never worked in the past, so we’re going to do it, again!” #nzpol

Andrew Dickson@andrewdickson13.bsky.social · last mo.

1/7 Yet again, David Seymour provides an appalling, evidence-free policy. His new welfare reforms are built on a complete fantasy (shock!) and the machinery he’s designed will reliably break real bodies while completely missing the target. 🧵 andrewdicksonnz.substack.com/p/staining-t...

Aside from everything you’ve noted, I find it highly ironic that the man who’s constantly said “less government interference in our lives” is wanting to control every aspect of it.

1/7 Yet again, David Seymour provides an appalling, evidence-free policy. His new welfare reforms are built on a complete fantasy (shock!) and the machinery he’s designed will reliably break real bodies while completely missing the target. 🧵 andrewdicksonnz.substack.com/p/staining-t...

Staining the Poor: The Cruelty and Coercive Control of Seymour's New Card

ACT’s cashless welfare card ignores years of failed evidence to do something far worse: treat state-sponsored financial abuse as public policy.

andrewdicksonnz.substack.com

Bank reckonomists are making happy GDP predictions. No increase in real wages / employment in 2025 Q4 so any GDP bump will be from higher profits - thanks to businesses facing lower debt-servicing costs and mortgagors having a few extra dollars to give to shareholders. Great work everyone.

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The November data might have just been a blip - but if the trend settles at this relatively depressed level, then we will be sliding sideways for some time. The reckonomists will celebrate near-meaningless changes in business survey results, but the real economy will be remain firmly meh. [Ends]

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Hmmm. Little hint of a stall here. New bank lending is like fuel for our economy - banks create brand new shiny money, people spend it, stuff gets bought, wages get paid, profits get made etc. What's going on? [🧵 1/n]

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Tax revenue is sagging badly, and Govt is throwing money into mostly low value capital projects as it attempts to get the economy moving... while, you know, appearing to be frugal. Govt deficit spend is well above 2nd cvid lockdown levels. Funny that. [2/2]

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RBNZ/Treasury still pulling $ out of the economy (net) as cvid era QE gets undone. See how bond sales (red) are way higher than needed to soak up Govt deficit spending (pink)? This is discussed quite a bit in countries with a functional economics commentariat. Worth a look at Govt deficits... [1/2]

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I'm writing a book at the moment, here's a beauty of a quote: “Phallic jouissance is the obstacle owing to which man does not come... to enjoy a woman’s body, precisely because what he enjoys is the jouissance of the organ.” — Jacques Lacan (making things awkward since 1901).