The problem for National in fewer than 100 words

OK – they are not my words. I could do it – but then again I really liked what Gordon Campbell wrote:

The financial meltdown poses a basic identity problem for National, the instinctive champion of de-regulation and market solutions. That’s a bit of a problem right now, given that Europe and the US are taking steps to partially nationalize the financial system of global capitalism. In that light, National’s traditional approach to the economy does look like something of a relic from a bygone era. On the weekend, John Key only crystallised their problem by offering his experience with Merrill Lynch as a positive credential for the current crisis. Many voters could be forgiven for treating the kind of job Key did before he became a politician as being part of the problem, rather than being a really big help. Nice of him to offer, though.

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