Chris Trotter thinks that Andrew Little has had a great week.
We disagreed as we shared a short conversation in the offices of Radio Live yesterday, but I have just read his column where he sends a veiled a warning to Andrew Little.
The message to the man he defeated by a single percentage point could not be clearer.
Little expects a lot more from his future Finance Minister than the standard neoliberal commitment to keeping the books in the black. He will not be judging the worth ofÂ Labourâs economic policiesÂ by the level of praise emanating from the business community. For Little, looking after the One Percentâs funds cannot be Labourâs first priority. The critical challenge confronting Labourâs next Finance Minister will be funding the changes so desperately needed by the other Ninety-Nine Percent.
In other words: how does Labour make sure that a rising tide of economic growth lifts more than just the luxury yachts?
Little has strongly hinted that the answer to that question does not lie in the introduction of a Capital Gains Tax, or raising the age of eligibility for superannuation from 65 to 67. New policies, based on the electorateâs most urgent needs, is what Little has asked for, and his promise to review the Shadow Cabinetâs performance in 12 monthsâ time strongly suggests that he means to get them. Littleâs colleagues would be wise to assume that his threshold for failure is set a lot lower than his predecessorsâ.Â Read more »