Thursday, September 23, 2010


National's big promise is that it will be a better economic manager than Labour. Today, we've received another reminder that hat promise is false. Statistics New Zealand's GDP figures showed a stangant economy, with economic growth only a quarter of what was expected. On the back of Tuesday's news that unemployment would remain over 6% for the foreseeable future, its bad news.

Meanwhile, in the House today, Bill English called this "a different kind of recovery". Yes - its a jobless one, which will bring no benefit to the vast majority of New Zealanders. And yet English calls this "the right direction". If this is the right direction, you really have to wonder what the wrong one would be.