The economy
Sir,—When I was a schoolboy during World War I and the early twenties New Zealand was considered to have a good standard of living but, looking back, it seems primitive. The motor age had not arrived, only businesses and the well-to-do had telephones, no radio or television and only the larger towns had electricity. Nobody would have suggested that Jack should have the same living standards as his master. The amount of overseas exchange needed to keep the average person in a simple lifestyle must have been small. Today's living standard includes the enjoyment of all the goodies the world produces from unlimited motoring to trips abroad. The amount of overseas exchange .needed to keep one family in the new lifestyle must be large. If our living standard is unrealistic and is being kept up by overseas borrowing the end will be traumatic but, can you imagine any political leader telling the people living standards have to come down?— Yours, etc.
C. H. TURNER. November 28, 1982.
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Press, 30 November 1982, Page 20
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169The economy Press, 30 November 1982, Page 20
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