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Four engines firing or faltering

10/09/2017

As Adam has said before, many voters are being swayed by media dislike of Bill English and National.

Homepaddock

Poll after poll show that Prime Minister Bill English and National have the most trust when it comes to running the economy.

If that trust doesn’t translate into votes, people don’t understand the importance of sound economic management and the economic, environmental and social dividends that flow from it.

Nor do they understand what a poorly managed economy would deliver but John Roughan spells it out:

Until now the economy has been flying on four good engines: good government (which means above all controlled spending), business confidence, population growth and a strong currency. Loosen control of public spending and all those engines start to splutter. If business confidence drops, immigration drops and the dollar drops it is going to be ugly. Growth will stall, import prices will rise, interest rates will have to go up against inflation, house prices will tumble and heavily mortgaged owners are going to be in…

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