It appears we are now at risk at a double dip recession. This should really come as no surprise. The last crisis was unprecedented. We should never have expected to just walk away from it and grow our way back. The mindset of people has changed. The mindset of businesses has changed.
The only mindset that hasn't changed is that of government.
I know that John Key will talk about limiting the State, but it will only ever be talk around the edges. The fundamental problem is that when you give politicians an inch, they always take a mile. Always have, always will.
And if you think that the State are the only mile takers, just wait until we are eventually renamed - New Iwiland.
Map of the Day
9 minutes ago