May 22, 2008

The Budget

What type of budget would you produce if you were desperate to win, but thought that the chances were that you would be well beaten? You would try and deliver for your core constituency while leaving empty coffers for any incoming Government. Michael Cullen has delivered an A+ budget when marked against these criteria.

This is not a business budget and we have been amused to observe how the lobby groups have responded.

Will this budget turn the tide for 2008? No. Will it perhaps make Labour more likely to win in 2011 - perhaps. Indeed we wonder why National would want to govern in the circumstances that are about to be bequeathed?