New Zealanders understand that unemployment costs, so it’s worth spending to prevent it. They also understand it’s not inevitable, it’s caused by factors the Government can influence.
Even the new Reserve Bank Governor says “the high New Zealand dollar is undermining export earnings and encouraging substitution toward imported goods and services”- which is a big reason why so many jobs are disappearing.
Yet National’s position is that there isn’t a problem, let alone that they can do anything about it.
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