John Key said yesterday that he expects growth in “the next financial year to be pretty close to zero”. That means he’s anticipating a serious recession. That’s our national wealth shrinking for two years, even as the population continues to grow – a smaller pie for more people to share.
Here’s hoping we will see an ambitious program from National/ACT to protect Kiwis by creating jobs, boosting wages, looking after those who lose their jobs, and ensuring the social wage (the goods and services Kiwis receive free of direct charge from the State) is not eroded.
[also, John, you’re in power now – drop the anti-Labour bullshit, you are responsible for your government, there’s no use saying Labour was crap too. And governing is about more than catchy lines so stop repeating the vacuous campaign lines like ‘balance our environmental responsiblities with our economic opportunities’, which you said three times in ten minutes during your press conference]