It didn't take long into election year for the cracks to begin to show. The Greens started their attempts at separation over the weekend and now Winston is disagreeing with the Government over economic management. Does this mean that the rats are about to jump ship completely and swim for their lives? The need is less urgent for Peter Dunne as he has an electorate seat, but the Greens and Winston Peters Party are having trouble with the 5% threshold.
For the record we agree with some of what Winston is saying, but we don't agree with his implied policy cure. This is not the result of speculators and usury by foreign banks. A Muldoonist type control and nationalistic economic agenda is therefore not going to solve anything. Rather it would send us down the gurgler - as Muldoon's policies did last time they were tried. Rather than Winston's explanation we see the fault lying it is less than prudent financial management by the Government of which Winston is a key support, and by the Reserve Bank failing to increase rates just before the last election - we wonder why they didn't?
