Quote Originally Posted by Panda-NZ- View Post
Define perfectly well with low productivity, 5% unemployment and no real wages growth except for the lower end via govt mandate (MW increase).
Not sure which era you are talking about. But in any case, you - like Labour - are looking to shift a bunch of things (including productivity & wage growth) away from the purview of the government and into the wheelhouse of the Reserve Bank.

It also appears to have escaped your notice that Orr has been trying to engineer both an economic slow-down and increasing slack in the labour market, neither of which is positive for employment.

You are once again making a mountain out of a molehill, and nit-picking about National simply reverting the mandate to the historical status quo, where it was before Robertson tinkered with it.