It’s not the growth that’s grumpy

The last time unemployment was this high, Bill English was Finance Minister and his government was facing electoral oblivion. I don’t remember his excuses last time but this time he’s taken a different excuse from Key – who refuses to believe the numbers – and Joyce – who blames the rest of the world. English calls this ‘grumpy growth’. Of course, it’s not growth, it’s the exact opposite. If this is ‘grumpy growth’, I suppose Hurricane Sandy was ‘grumpy sunshine’.

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