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Reposted
Nicola Willis loves Ruth Richardson's austerity strategy. Now she has a recession to match the one deepened by the 1991 'Mother of All Budgets'. However, Willis' one-time boss, Bill English, did the exact opposite & swore off austerity from 2008-11. Luckily. thekaka.substack.com/p/austerity-...
Austerity thumps GDP most since 1991
Nicola Willis denies responsibility for worst recession since 1991, when Ruth Richardson unleashed the Mother of All Budgets; Willis' austerity strategy contrasts with English's approach in 2008-11
thekaka.substack.com
December 19, 2024 at 8:02 PM
Nicola Willis loves Ruth Richardson's austerity strategy. Now she has a recession to match the one deepened by the 1991 'Mother of All Budgets'. However, Willis' one-time boss, Bill English, did the exact opposite & swore off austerity from 2008-11. Luckily. thekaka.substack.com/p/austerity-...