Economy
The economy, shall we say politely, is facing some difficulties. With a National government there was no plan as to how to weather the economic storm, we just got tax cuts for the rich and an economy that just can’t get growing.
stimulus
National cause of dire economy
National still seem to be getting a lot of cover for their economic mismanagement from the Global Financial Crisis way back in 2007-2008. But New Zealand’s failure to be “roaring out of recession”, as John Key promised, is no longer tied to the GFC. It’s Bill English and National’s economic policies that mean that the government deficit is pushing the limits with no reward for average kiwis.
Double-dip recession on the horizon?
Leading US economist and Nobel laureate Paul Krugman sees a 30-40% chance of the US re-rentering recession this year, and the conditions that […]
Govt stimulus creates 2300 jobs
“Govt stimulus creates 2300 jobs” reads the headline! It’s a bit misleading though. A more accurate headline would have been – “Labour Govt […]