Bruce Robertson and Key have played Seymour like a Puppet. It’s like this was all ready to go. Just needed the right person and the right time. And what better day than a day when Westpac again issues a warning about the predictable downturn in the economy that this Government has simply ignored while telling everyone how great things are.
I want to pay him (Robertson) tribute (despite my intense dislike of Lobbysist like Robertson), he has done a sterling job on Seymour and us all. And Key has managed to convince his followers and others, that National didn’t actually pass the Legislation that now needs last minute changing.
Remember, the World Cup fixture Schedule came out in May 2013… why has everyone waited until a month out?
Yesterday Westpac announced a GRAVE warning for our economy.
“Westpac says ‘We expect the economic situation to deteriorate markedly’ due to the dairy farmers’ payout drop and the Christchurch rebuild peaking early.
“These two events were entirely predictable. Economists have warned of the looming global milk glut and the rebuild tapering off for well over a year. It is a damning indictment on National’s over-optimistic economic management that they have done nothing to prepare New Zealand for the coming ‘shock’.
“Westpac also warns that the housing market is set to slow down.
“National’s failure to diversify the economy left an economic stool with only three legs of dairy, the rebuild and housing. All three are now being kicked out from under the Government.
A follow up to their warning a year ago.
” But the current rate of growth is unsustainable, a panel of some of New Zealand’s top economists told a briefing in Auckland today.
And they said many New Zealanders are not aware how much our economy is relying on one-off boosts like the Christchurch rebuild, or how quickly it could slow down when they come to an end.
Westpac chief economist Dominick Stephens said New Zealand’s recent growth had been fuelled by the Canterbury earthquake rebuild, low interest rates and a surge in net migration, which hit a 10-year high in the year to June.
”When the Canterbury rebuild ends people will be quite surprised by the size of the downturn,” he said. ”
So, without further ado, David Seymour’s singing tribute to Bruce Robertson and Shon Key…
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