Labour’s Showing In Polls (Press, 15 March 1986)

In a letter to the editor published on 15 March 1986, Vernon Wilkinson expresses his strong agreement with Varian Wilson's critique of the Labour Government's performance. He contends that the recent events, including the Timaru by-election and the homosexual law petition, should serve as a wake-up call for the government regarding the potential repercussions of imposing liberal-social policies on the electorate despite holding a majority. Wilkinson acknowledges the visionary qualities of the Labour Government but warns that it risks squandering the initial goodwill it received from various stakeholders. He articulates concern about the government's economic strategies, specifically questioning how the nation is managing its finances in light of a growing overseas trade deficit. He raises pertinent inquiries on the sustainability of financing imports and servicing external debts under these conditions. Wilkinson suggests that the current economic climate may be bolstered by attracting speculative investment from overseas, which could be a consequence of elevated interest rates contributing to the strength of the floating dollar. He requests analytical input from financial experts to shed light on the inflow of capital and the underlying financial dynamics. Overall, the letter reflects a critical perspective on economic policy and governance, urging for deeper analysis and consideration of the long-term implications of the government's actions.

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