Bill English didn’t foresee the first downgrade of the country’s credit rating since the last time he was a minister but he can see some things coming. Here’s an interesting admission from Double Dipton (or should that be Double Downgrade?):
“That gap is almost certainly going to close. People haven’t been focused on politics recently. In the last month before the election there’s going to be an intense campaign, and when New Zealanders focus on it they always pull a government back a bit. The issues are pretty clear – a more competitive economy and getting back into surplus”
So, English is saying: people aren’t focused on politics, which is why the Nats are so high in the polls. When they focus on the main election issue of economic management, the gap will close. Not exactly a strong defence of his and Key’s performance as economic leaders.
Guess when your economic record is 47,000 fewer jobs, 56,000 more unemployed, $37 more debt, no growth, and a double downgrade, that’s just being realistic. Makes a refreshing change from this government, I suppose.