HSBC chief economist Paul Bloxham once described New Zealand as a "rockstar economy" - but says that is far from the case right now.

How is Luxon going to blame this on Labour?

  • Dave@lemmy.nzM
    0·
    6 days ago

    Isn’t it easy for Luxon to blame Labour? “This is a whiplash reaction to the high inflation caused by Labour handing out money during the pandemic”. I don’t think they have milked that cow as much as they can, they will be blaming others right up through the next election.

      • Dave@lemmy.nzM
        0·
        6 days ago

        “No, I don’t think firing 5-10k workers and significantly cutting money flowing to suppliers has made the recession worse, it was all stuff Labour did”.