Oct 12, 2008

Need For Bold Action

We are becoming a bit frightened by the regularity of our agreeing with Bill Ralston. Today he questions why there is a lack of leadership on the New Zealand response to the international financial crisis.

It is so good to see, in the middle of a global financial meltdown, a gathering recession, projected huge levels of debt, rising inflation, increasing unemployment, and a crashing domestic property market, that the Government is moving swiftly on the issues that matter.

Its regulations to reduce the flow rates of showers to a trickle is a masterstroke and will do much to restore confidence and stave off economic ruin.