Labour Party policy
Sir,—lf the Labour caucus voted in 1975 for an early election as J. F. Garvey claims (October 23). then why was it not held? Instead, that election was held at the normal time and a fully-employed, growing economy was passed on to the incoming National Government, with an export boom returning a dividend up 250 per cent since. Mr Garvey’s accusation that Labour indulged in “reckless high-interest shortterm borrowing” is a perfect description of present Muldoon policies, with overseas debt up 412 per cent since 1975 and the interest on that debt up 703 per cent in the same period. Mr Garvey again repeats the feeble Muldoon excuse of the cost of imported oil. The basic cost of oil increased 334 per cent in 1973-76, but has gone up only 78 per cent in the six years since.—Yours, etc.,
M. T. MOORE. October 23, 1982.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHP19821025.2.81.2
Bibliographic details
Press, 25 October 1982, Page 12
Word Count
148Labour Party policy Press, 25 October 1982, Page 12
Using This Item
Stuff Ltd is the copyright owner for the Press. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Copyright in all Footrot Flats cartoons is owned by Diogenes Designs Ltd. The National Library has been granted permission to digitise these cartoons and make them available online as part of this digitised version of the Press. You can search, browse, and print Footrot Flats cartoons for research and personal study only. Permission must be obtained from Diogenes Designs Ltd for any other use.
Acknowledgements
This newspaper was digitised in partnership with Christchurch City Libraries.