No Right Turn points out that depressing fact that “Still 42,000 (more) out of work under National“. Tories don’t really care until they have to pay taxes for the debt. But hey they voted themselves a tax cut in 2008 – so they’re still happy as the government debt levels keep blowing out to Muldoon levels. National economic management = stupid debt.
The latest Household Labour Force Survey was released today, showing unemployment flat at 6%. Which means there are still 147,000 people out of work, 42,000 more than when National took office. And Treasury says there’s no end in sight.
This is not what economic success looks like – economically successful countries do not leave 6% of their population to rot. But that’s what National’s hands off approach to the recession has done: instead of intervening to help these people get jobs, they’ve sat on their hands, and then punished them in order to grub votes. And that is neither sane, no fair. But isn’t it so very, very National?