The Herald reports that NZ's economy has shrunk. So finally all that extra bureaucracy and tax is starting to have its effect. Shrinking economy forecast for quarter 21 Jan 2006.
It reinforces NZIER's Quarterly Survey of Business Opinion that flagged a negative quarter and possibly a recession if the March quarter is poor.
I think this should be a focus of the VRWC for the next few weeks. Lets hammer home the message:Helengrad is doing damage! More on this at a later point
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