Wages dropping under Key, as promised

Remember how John Key said he “would love to see wages drop“. You might remember the big corporate media refused to run it, and the head of APN held an emergency meeting with Key then pressured the journalist who had reported the comments to retract them, which he would not do, and then APN published a retraction anyway. Well, guess what, wages are dropping and the smile on John Key’s face just keeps getting bigger. Every dollar less paid in wages is a dollar more to his rich mates, after all.

Tomorrow, we’ll hear how much worse the job situation has got (remember journos, look at the jobless number, not unemployment, for the full story). Wages down, jobs disappearing. I’m waiting to see what John Key and Bill English will deliver in the Budget to reverse this but, frankly, I don’t expect there’ll be anything apart from more pointless stunts like the cycleway.

And for those of you who still don’t understand that falling wages is all part and parcel of National’s agenda, you need to learn a little history.

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