So the economy was sluggish in 2022/23 but now it’s in deep recession, entirely on National’s and Nicola Willis’ watch. They should be utterly ashamed. Economy back in recession as GDP shrinks by 1% www.rnz.co.nz/news/busines... - ThreadSky

beefaerie.bsky.social • 80 days ago

So the economy was sluggish in 2022/23 but now it’s in deep recession, entirely on National’s and Nicola Willis’ watch.

They should be utterly ashamed.

Economy back in recession as GDP shrinks by 1% https://www.rnz.co.nz/news/business/537126/economy-back-in-recession-as-gdp-shrinks-by-1-percent

Comments

tonywelly.bsky.social•80 days ago

You should put one of these on Nicolas desk😂

theocracidal.bsky.social•80 days ago

It's less an economic plan, but more of an early bird R'lyehn breakfast buffet menu. "Labour bad" means "let National be so much worse". An election axiom - Can't fix stupid, but can out vote 'Karen'.

nznudist.bsky.social•80 days ago

They don’t know how to feel shame. I’m not even sure that they have feelings.

riderriderrider.bsky.social•66 days ago

New Zealand's net core Crown debt is $175.5 billion, 42.5% of the country's GDP. We aren't getting out of this economic mismanagement mess for decades, regardless of who is in government.

ryan.crawcour.social•80 days ago

and yet Nicolanoboats keeps blaming Labour and has decided to double down on her austerity promising even more cuts next year.

delphijunkie.bsky.social•80 days ago

At this point it's hard not to surmise it's intentional. Nobody could be THAT incompetent.

dallasbarnett.com•80 days ago

delphijunkie.bsky.social•80 days ago

Mate, I'd gladly have you as Minister of Finance. I don't even need to see your credentials to know it'd be a MASSIVE improvement.

dallasbarnett.com•80 days ago

eh. I'd blow it all on ferries and social services

mckeenphotos.bsky.social•80 days ago

Not on… landlords?

ryan.crawcour.social•80 days ago

looks that's a very very low bar.

grumpyyetamusin.bsky.social•80 days ago

Slash, burn, hold fire sale with mates' rates

ryan.crawcour.social•80 days ago

it's intentional.

don't conflate "intention" with "incompetence"
this IS their intention.

dnamers.bsky.social•80 days ago

You just know they're going to try and blame the previous government for this yet again, but after 12 months in the office, will they finally start taking some responsibility for their actions.

old-watsonian.bsky.social•80 days ago

The COC are just amateurs.

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