Anderton goes too far
Acting Prime Minister Jim Anderton has gone too far telling Reserve Bank Governor Don Brash what to do,” Opposition Finance spokesperson Bill English said today.
Mr English was commenting on Anderton’s statement that an interest rate increase tomorrow would indicate and ‘erratic and destructive monetary policy that would cost jobs’.
“In Opposition Jim Anderton always criticised the Reserve Bank. But now he is Acting Prime Minister and his Government has a signed agreement with Dr Brash about his targets.
“People with mortgages and business loans need to know who is in charge of implementing monetary policy. Is it Dr Brash as Governor of the Reserve Bank or is it Mr Anderton who is using the position of Acting Prime Minister to revive the flagging fortunes of the Alliance?
“The Government is speaking with a forked tongue. The Minister of Finance is reassuring overseas investors the Government is conservative despite its left-wing policies, while at home the Acting Prime Minister is showing the Government’s true left-wing colours.”