Friday, July 04, 2008

How disconnected can you get?

I felt a sense of bewilderment and amazement this morning as I read through the headlines related to the Government, its actions and the populaces reactions.

How can you be that disconnected that while you are hiking road user charges to the point the Truckies revolt ala France (http://www.nzherald.co.nz/section/1/story.cfm?c_id=1&objectid=10519878)
and creating legislation to hike petrol prices yet again (by city councils) (http://www.nzherald.co.nz/section/story.cfm?c_id=280&objectid=10519903)

you can still have the level of cognitive dissonance to turn around and say the Reserve Bank is failing to contain inflation pressures and needs new tools (without coming up with any suggestions mind you)... (http://www.nzherald.co.nz/section/3/story.cfm?c_id=3&objectid=10519838)

How long does it take this Government to realize that the only tool the Reserve Bank needs is a finance minister with more clues than a history teacher? One that can draw the conclusion hiking petrol and transport costs = higher inflation. On this point the history teacher even seems to be failing his own subject - it's not even predictions that are needed for that conclusion.

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