> Without Lange, you would not have had "Rodgernomics!" From the outside
> this seems to be one of the best things that occurec in NZ.
>
> >From the other side of the pond
>
> Dennis

I've heard a few "experts" mention lately, in this time of a record low
NZ dollar (= US$0.40 and dropping) that the biggest mistake of
Lange's time with Roger Douglas as Finance Minister was not
introducing a flat tax rate. Opinion is that things would be very very
different now. What seems to be a crippling burden in NZ is the high
percentage (IIRC somewhere around 40%) of GDP going on welfare,
despite this being drastically trimmed by Rogernomics in the 80's.
There is also an annual nett population loss from NZ, so the consumer
and worker base is getting smaller and smaller (I'm down to 5'2")
which just makes things tougher for those of us left behind

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