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John Key's Real Legacy

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The defining element of John Key's reign as New Zealand's 38th Prime Minister will be his ability to maintain a high level of popularity while dogged by scandal and having few lasting achievements. He should be recognised for his political instincts and ability to steadily push through National's agenda while avoiding blame for numerous failures. The title "Telfon John" was one of the few things that stuck. Key's major effort to achieve a legacy for himself was to push for a new national flag and it failed dismally. His resignation may indeed be for genuine reasons, like spending time with his family, but the timing is also clever because the underfunding of Government sectors is going to be seriously exposed and the housing bubble is close to bursting. Key's money trader instincts are highly tuned and I'm sure he smells disaster ahead.

Under Key's watch our public debt has increased from $10 billion in 2008 under Labour to almost %70 billion now…