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The Conversation
The Conversation
Dennis Wesselbaum, Associate Professor, Department of Economics, University of Otago

Nicola Willis is right: NZ’s economy isn’t as bad as the ‘merchants of misery’ claim

Finance Minister Nicola Willis. Getty Images

Finance Minister Nicola Willis has called them the “merchants of misery”, but critics of her government’s economic performance doubled down when the June quarter GDP figures showed a contraction in many sectors.

No government or finance minister can be expected to make flawless decisions, of course. But blaming the current state of the economy on Willis’ leadership ignores aspects of the bigger picture.

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