Oof. We ok with this? Because we do have a choice. Govt balance sheet could absorb the short-term blow to avoid the scarring from those 130,000 humans losing their jobs & the inflation that will amplify the damage. Instead, the Govt says the pain of marginally higher interest rates is worse.

April 10, 2026 - 06:26 UTC

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They have no soul.
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That's where I end up, and not religious
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Unemoyment I'm guessing will disproportionately affect lower paid workers?
Af few percentage points of inflation, who's really going to notice that?
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It's almost like the government isn't wanting to win the coming election - which is likely now a heavily poisoned chalice for whomever wins it
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Google says that would be about 5% of the current workforce…

And the equivalent of firing every public servant twice over.

That seems like it would have knock on effects And be generally bad.
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Per “the news” the RBNZ is fixing to increase the cash rate to “combat the inflationary effect of the war in Iran”
It’s hard not to be gloomy 😳
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I'm no political expert, but I suspect the government actions over the next month to six weeks will define the election in November.
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You can buy an election by feeding the rich and starving the poor, or you can win an election by feeding the poor without starving the rich.

Jacinda chose kindness and won a landslide.
Luxon chose greed and ended up in a coalition with bastards, with a fiscally unworkable agenda.

Choose kindness.
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Going pretty well by the looks bsky.app/profile/robdickinson.bsky.social/post/3mj4rejzg2k2l
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One advantage of this over Covid is that the government can change its mind. If we'd let Covid establish it would have been entirely irreversible, but quite a bit of this damage will still be reversible after the fact.
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When they say 'bad for the economy', they mean 'bad for people with multiple properties and yachts'.
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