Tuesday, October 21, 2008

Inflation past 5%

The annual inflation figure has just been announced, and it's not flash - 5.1% for the year ended 30 September, the highest it's been since 1990.

Which is interesting, because in 1990 Helen Clark was Deputy PM, Minister of Labour and Minister of Health and Michael Cullen was Minister of Social Welfare and Helen Clark's Associate Labour and Health Minister, having been Associate Finance Minsiter until August 1989.

So dear readers, do you trust these people to run the New Zealand economy?

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