Losing touch with reality

It appears the only one who’s lost contact with reality is the NZ finance minister

On one hand:

In particular, households are being squeezed by higher fuel prices since the budget, he said. Gasoline prices have surged 14 percent the past three months

and then on the other:

…workers needed to be aware of the outlook for the economy when they made wage claims… …Wage expectations in the public sector haven’t caught up with the changing economic environment. Some have lost a bit of contact with reality.

The word that jumps to mind starts with T and ends with WIT.

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