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Antoine Forbes-Hamilton
Although I am unapologetically right wing and conservative, I actually quite respect you Martyn, as well as Mr Trotter, particularly your recognition of the worst excesses of the zealous ideological insanity behind many of the present Left’s policy prescriptions.
However, I think it is no coincidence that, all across the West, it is the establishment of the now near-ubiquitous dominant moral and social paradigm, the “liberal consensus” (that you apparently subscribe to) that sees us in the mess we are in now. More of it will only exacerbate the problems. There is definite causality.
I don’t want to return to say, the 1950s, but there is a good case to be made that, at the moment when we threw away the broadly conservative paradigm that existed then and had for centuries, the trouble began. Really, the liberal enterprise as we know it kicked off with the French Revolution (with all of the ultra-rationalistic denial of human nature, the desire to “
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New Zealand's official unemployment dropped to 4.9 per cent in the December quarter - from 5.3 per cent.
Economists had expected a rise to around 5.6 per c
Liam Dann: Why good jobs data could point to higher interest rates
2 Feb, 2021 04:33 AM
4 minutes to read
Did the economy create more jobs than it lost? We will find out tomorrow. Photo / NZME
Did the economy create more jobs than it lost? We will find out tomorrow. Photo / NZME
Economists say the unemployment rate almost certainly rose in the final quarter of 2020. But when new numbers (for the 4th quarter) are released tomorrow, there will be more focus on possible good news than bad.
That is because if the unemployment rate comes in better than expected, financial markets are likely to see it as inflationary and apply upward pressure to interest rates.