Labour says blame us for inflation
By reappointing Adrian Orr as Reserve Bank Governor, Labour have done the political equivalent of hanging a “kick me” sign on their backside.
When voters can’t afford to fill up their car, when their weekly groceries costs $40 more etc they want someone to blame. Most voters are smart enough to know you can’t blame it all on Putin.
By reappointing Orr, on whose watch inflation smashed through the 3% limit he is contracted to keep it under, the Government is telling voters that they think he has done a great job, and they want more of the same.
So voters will no longer blame the Reserve Bank for high inflation, they will blame the Government that effectively said they think it has done a great job.
Huge own-goal.