Recent Post Comments
I am sorry but this comment section has been disabled due to spam. My contact details are easy to find, please contact me if you want to comment or discuss anything on this blog.

Print-friendly
20
NOV 09

Labour seems to be getting it....




Walking away from orthodox received wisdom is hard.  Change costs political capital and good on Labour and Phil Goff for putting it out they and having the backbone to walk away from the previously cherished position on monetary policy.

Monetary policy as implemented in New Zealand has not served the economy well – as anyone who cares to look will agree. The TINA (there is no alternation) conviction is breaking up and about time.

Even now it might be too late to arrest the decline in our economy, things might have gone too far.

I hope not.
 


I am sorry but this comment section has been disabled due to spam. My contact details are easy to find, please contact me if you want to comment or discuss anything on this blog.