John Key, July 2010:
I also want to pay a special acknowledgement to my friend and deputy, Bill English. What a great job he is doing as Finance Minister. He’s delivered two Budgets that have steered New Zealand out of recession and put the economy firmly back on track to grow and create jobs.
Creating jobs, August 2010:
Unemployment rate jumps
Employment minister Paula Bennett has admitted the sharp rise in general unemployment is ”higher than we wanted it to be.”
Jobless figures rose 19,000 during the June quarter to 159,000 – an increase from 6 per cent to 6.8 per cent, higher than economists had expected.
Growing the economy, September 2010:
Kiwi dollar tumbles on weak GDP
The New Zealand dollar fell more than half a US cent after second quarter gross domestic product grew just a quarter of the pace expected.
The economy grew 0.2 per cent in the three months ended June 30, according to Statistics New Zealand, short of the 0.8 per cent forecast by a Reuters consensus survey and 0.9 per cent expected by the Reserve Bank. In the previous quarter GDP grew by 0.6 per cent.
John Key and the Nats — over-promising and under-delivering. It’s all they know how to do.