Big ups to our Prime Minister for recognising that there are limits to government (ht Anti-Dismal and Kiwiblog):
There is actually a limit to what governments can do
And on intergenerational equity:
You’ve saddled future generations with an enormous amount of debt that then they have to repay
Another quality quote is:
Good regulatory reform can be an important catalyst toward driving economic growth and coming out of the recession faster
I agree – I do think there is scope for government as well. There are limits on government and there is a role for government – I am glad to see that we have a PM that recognises this.
However, my main question has to be – what defines his “limit” on government involvement? This is an important question – as one can recognise there is limitations, but then they can just keep “pushing out” where these constraints hold.
John Key’s statements are a lot better quality than the tripe Aussie is getting with Kevin Rudd (I get the feeling that Key is more “economically literate”) – and I feel that our policy response is relatively more appropriate as well.