Dear Sir/Madam,
The recent article on your website is seriously flawed. When will journalists realise that:
- good economic growth at present has nothing to do with the government, rather it has lots to do with global dairy
prices and the low NZD. Don't give Helen Clark the medal, ring John Roadley or Craig Norgate. They create the real jobs
in this country.
- "employment growth is a key indicator of economic growth" What???????? Are you kidding? The labour market lags general
economic growth by a considerable time period. Every Economics 101 student knows this. Or haven't any of your
journalists run a business, is that why they presume this is the case?
- Where is the New Zealand economy going now??? Consider this dairy prices have fallen dramatically, the NZD is rising,
US demand looks subdued in the medium term, and household debt is at record high levels. Now do you think Helen can
mange this? Judging by comments about NZ equities I don't think so.
I would appreciate it if you could find a real economist to write an article on the New Zealand economy and our current
economic management, not some left wing journalist.
Cheers
Love the site
Duncan Sherratt