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Speaker 1: I said earlier this week that the government will be

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Speaker 1: re elected next year because all things being equal, history

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Speaker 1: tends to show you get two terms. And secondly, the

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Speaker 1: opposition remained the same people who stuffed the place a

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Speaker 1: year and a half ago, and that pain, the closeness

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Speaker 1: of that pain, is still real for too many of us, unless,

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Speaker 1: of course, they I don know, rejuvenate the party or

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Speaker 1: say sorry, none of which is going to happen. This

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Speaker 1: was all backed up by Treasury, who, in one of

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Speaker 1: their latest papers, which is well worth reading by the way,

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Speaker 1: basically says the government overspent. They were told not to

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Speaker 1: overspend in whatever spending they were doing should be targeted

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Speaker 1: and directly linked to COVID. None of that advice was followed.

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Speaker 1: They sprayed money at a rate that equated to sixty

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Speaker 1: six billion dollars or twenty percent of our entire GDP,

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Speaker 1: and when the worst was over, they kept spraying and

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Speaker 1: here were a couple of years later, We're bogged down

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Speaker 1: and their economic incompetence. The politics of it all is

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Speaker 1: in full swing, of course, as Labour tries desperately to

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Speaker 1: blame the current government for the mess and making that

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Speaker 1: argument slightly complicated as this ongoing criticism justifiable if you

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Speaker 1: ask me for all the announcements, in all the noise,

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Speaker 1: this is a timid government that we really had license

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Speaker 1: to go for broke, and they've largely chickened out. Yes,

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Speaker 1: they've dabbled and poked and prided and done some decent

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Speaker 1: common sense stuff. I mean building products and garden sheds

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Speaker 1: and speed limits and rucks and the n CEA. I

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Speaker 1: mean that's just in the last couple of weeks. There's

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Speaker 1: no shortage of bits and pieces. But it's not transformational.

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Speaker 1: Hence the slow progress and the opening for labor to

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Speaker 1: have a crack labour are praying basically, you forget this

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Speaker 1: is on them, but it is, and the Treasury paper

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Speaker 1: very clearly says so they told Robertson to tighten it up,

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Speaker 1: to be disciplined, but socialists with majorities and egos are

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Speaker 1: not for turning, and so the ruinous money party was

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Speaker 1: on writing about it. Doesn't fix it, of course, but

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Speaker 1: it is proof positive that this lot inherited one of

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Speaker 1: the most ill disciplined, ill advised, arrogant, bungling fiscal messes

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Speaker 1: of the modern age. And if you don't believe the

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Speaker 1: NATS believe Treasury Labour don't have a leg to stand

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Speaker 1: on and the same people who did that to us

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Speaker 1: are still there wanting you to forget and give them

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Speaker 1: another crack in a year's time, and that is why

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Speaker 1: they will not win. For more from The Mic Asking Breakfast,

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Speaker 1: listen live to News Talks at B from six am weekdays,

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Speaker 1: or follow the podcast on iHeartRadio.