We’re in yet another round of talk of “green shoots” of economic recovery, complete with the hype of an optimistic budget. Maybe they’re right this time, but the recovery, when it does happen, will be in spite of the National government, not because of them. All National have done is hold us back for four years.
Economist Paul Krugman argues that governments the world over need to wake up to the fact that they’ve been trying to solve the wrong problem.
Paul Krugman on the real reasons for the economic carnage. Not social spending policies, but the daft economic policies of the right-wing “policy elites”. Our focus should not be on slashing spending, but on National’s stupid, unaffordable tax cuts.
