No-one likes to get things wrong. Imagine being Nicola Willis a month ago taking a swipe at merchants of misery who like to be doomsayers talking down the New Zealand economy.
The data doesn't lie she said.
The Reserve Bank…are saying unemployment is going to reduce, growth is going to return, things are looking better
She was so right; the data does not lie. Today it told us that GDP for the June quarter was down 0.9 percent, which if you multiply by four would give you a year’s worth of …well I’d say, but none of us likes to be called a misery merchant.
