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Editorial: Don’t panic!

Stormin’ Norman’s approach to the high dollar is muddled thinking.

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15th October, 2012
The public image of Greens co-leader Russel Norman is of a fresh, young voice in Parliament who desperately wants to be taken seriously. But lately Norman has been sounding a lot like dear old Lance-Corporal Jack Jones, from the 1970s British sitcom Dad’s Army, as he screams “Don’t panic!” at his fellow Kiwis, while simultaneously showing every sign of alarm. The argument over what to do about the strong Kiwi dollar is a case in point. Norman and others are right to note that exporters are struggling with the current exchange rate. But the solution he has proposed, to join ...

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