Commenting on Key’s policy to force the Guardians of the Super Fund to invest 40% of funds in New Zealand, ACT’s Roger Douglas notices a pattern we’ve posted on here at The Standard before:
“This only enforces the emerging trend we have seen between Mr Key and Mr English. Mr Key announces a stupid idea – be it a cycleway or forced investment in New Zealand – Mr English realises the idea is stupid, and distances himself from it.
“The Prime Minister then becomes hell-bent on scoring another symbolic victory over the Finance Minister – who backs down and Mr Key gets his way. But these battles are only resulting in pyrrhic victories – neither the cycleway nor forced investment will make New Zealand better long term.
“The trend is towards an obsession with massaging Mr Key’s political image, at the expense of New Zealand’s long term prospects.
Can’t argue with that.
[Hat tip: Trevor Mallard at Red Alert.]