Roger Douglas MP.

“When a man, a business, or an entire society is facing bankruptcy, there are two courses that those involved can follow: they can evade the reality of their situation and act on a frantic, blind, range-of-the-moment expediency – not daring to look ahead, wishing no one would name the truth, yet desperately hoping that something will save them somehow – or they can identify the situation, check their premises, discover their hidden assets, and start rebuilding.”

- Ayn Rand

As a nation, New Zealand faces a choice over which course of action we adopt. So far, it seems as if New Zealand is following the first course of action.

Unfortunately for us, that course of action will delay the correction needed to end the recession.
The “rolling maul” of initiatives supported by National will increase the size of Government. In so doing we will begin to forfeit more and more of the money we earn to the Government.

Since September last year, politicians and the media have become increasingly concerned about the state of our economy. Predictions of no economic growth in 2009 have moved from being the worst case scenario to become the reality facing New Zealand. As the truth of the recession and higher unemployment hits home, politicians and households have become alarmed. New Zealanders are rightly concerned about our economic prospects, but we are wrong to see our woes as largely being driven by the global financial crisis.