1
00:00:00,080 --> 00:00:03,200
Speaker 1: Has Nikola Willis failed on growth in her year of

2
00:00:03,279 --> 00:00:06,960
Speaker 1: growth so far. Yes, we've gone nowhere in six months.

3
00:00:07,040 --> 00:00:10,959
Speaker 1: Quarter two basically wiped out quarter one. Should she resign? No?

4
00:00:11,320 --> 00:00:15,680
Speaker 1: Why Trump's tarrifs? She didn't see them coming, Sure, but

5
00:00:15,720 --> 00:00:19,160
Speaker 1: nobody saw them coming. Markets thought he was bluffing a

6
00:00:19,200 --> 00:00:23,040
Speaker 1: negotiation tactic until he wasn't. Businesses and mums and dads

7
00:00:23,040 --> 00:00:24,599
Speaker 1: sat on the cash to wait it out, which is

8
00:00:24,640 --> 00:00:27,960
Speaker 1: a reasonable response to an uncertain future. Should she borrow

9
00:00:28,080 --> 00:00:32,320
Speaker 1: and spend more, she can't. It'd be political sacrilege for

10
00:00:32,360 --> 00:00:35,479
Speaker 1: a party elected to do the opposite. Besides, she's already

11
00:00:35,520 --> 00:00:39,680
Speaker 1: borrowing Robertson level cash. The interest tabs nearing ten billion bucks,

12
00:00:40,000 --> 00:00:44,040
Speaker 1: and rating agencies are watching closely. The RBNZ printed money

13
00:00:44,080 --> 00:00:46,879
Speaker 1: like it was going out of fashion. Governments here and

14
00:00:46,960 --> 00:00:50,960
Speaker 1: abroad overcook the COVID response with border controls. The world

15
00:00:51,080 --> 00:00:56,279
Speaker 1: ground to a halt. We artificially concocted in the inflationary

16
00:00:56,520 --> 00:00:59,720
Speaker 1: wildfire so hot that the ambers burned close to the

17
00:01:00,000 --> 00:01:03,400
Speaker 1: central limits to this day. As for those calls from

18
00:01:03,440 --> 00:01:07,400
Speaker 1: Douglas and co. For Willis to her head on a steak,

19
00:01:07,920 --> 00:01:10,560
Speaker 1: that's what they're asking for. You've got to ask what

20
00:01:10,760 --> 00:01:14,720
Speaker 1: exactly is it they want and what impact would it

21
00:01:14,840 --> 00:01:19,040
Speaker 1: have had had she gone full Ruth Richardson in Budgets

22
00:01:19,080 --> 00:01:21,720
Speaker 1: one and two, getting the books in line sooner, that

23
00:01:21,840 --> 00:01:25,080
Speaker 1: growth number we saw yesterday, the one that prompted the

24
00:01:25,120 --> 00:01:28,360
Speaker 1: press release calling for her scalp, would have been a

25
00:01:28,440 --> 00:01:31,800
Speaker 1: hell of a lot worse than zero point nine negative.

26
00:01:32,360 --> 00:01:35,959
Speaker 1: So the waiting game continues, which is cold comfort to many,

27
00:01:36,280 --> 00:01:40,000
Speaker 1: but the medicine for such a nasty illness was always

28
00:01:40,040 --> 00:01:43,440
Speaker 1: going to be hard to swallow. For more from early

29
00:01:43,560 --> 00:01:46,680
Speaker 1: edition with Ryan Bridge. Listen live to news talks. It'd

30
00:01:46,680 --> 00:01:49,880
Speaker 1: be from five am weekdays, or follow the podcast on

31
00:01:49,920 --> 00:01:50,680
Speaker 1: iHeartRadio