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Labour Party is toast, let's vote ACT to support National
We would be broken like one of the PIGS and debt would be 600 Billion.
Considering Labour managed to rack up 10 Billion when it was the best of times.
So much conjecture!
And it was Key at the time saying that Cullen should give more back rather than reduce the deficit further.
They did start with a big deficit so maybe that 'racked down'?
Voters have a choice next Saturday. They can choose to defend our
past. Or they can choose to invest in our future. If they re-elect the
National-led government they will get current fiscal and economic
policies. But those are increasingly stressed and ineffective. GDP
growth is falling back to our long-term average of just over 2 per
cent a year. Quite simply, National is failing to deliver the economic
transformation it has long promised. It is missing by miles its two
key goals.
If voters elected instead a Labour-led government they would get a
fiscal strategy that would result in similar new spending to National
over the next six years, raise slightly more tax, run slightly larger
budget surpluses and pay down debt faster. By fiscal 2021, Labour aims
to get net government debt back to 5.5 per cent of GDP, the level when
National took office in 2008. In contrast National's net debt will
still be over 20 per cent by fiscal 2021. The important difference
lies in the architecture of Labour's strategy, rather than the useful
but small differences in outcomes. Crucially, it is a strategy that
would underpin economic policies that would stimulate transformation.
Yip - National isn't really doing anything!
Lots of opinion out there The biggest economic problem for New Zealand is that working people in good jobs don't earn enough. National can't set out a positive case for re-election because it thinks low wages and selling unprocessed wood and milk powder to the world is the way to prosperity.
I find Rod Oram too left wing these days - he rubbishes National in every article and hails the might Labour Party.
I think he has a chip on his shoulder.
I find Rod Oram too left wing these days - he rubbishes National in every article and hails the might Labour Party.
I think he has a chip on his shoulder.
He just provides a counter weight to other who do the opposite!
If it wasn't for the counter weight we would be left thinking everything was rosy but wondering why we weren't sharing in it.
Well his, and the government's, views are pretty obvious are they not? Since the government chose to borrow rather than cut services wholesale. So what would you suggest? What services should have been cut is the true hard question and I'm not seeing any answers .....
Explain how a 10 billion dollar debt becomes 60 billion under Planet Key? Explain exactly the figures that make up that debt?
The tax intake has increased. So why would services provided need to be cut?
Key is constantly bragging how well the economy is doing under National. But the humongous debt he's run the country into makes his statement an outrageous lie.
Last edited by mrsaneperson; 16-09-2014, 03:01 PM.
I find Rod Oram too left wing these days - he rubbishes National in every article
and hails the might Labour Party. I think he has a chip on his shoulder.
Anything about the message that deserves comment?
Rather than just an ad hominem personal opinion.
While all of the redder/green hue are inherently
like that and perversely proud of it, the article
did not seem to dwell unduly on Robin Hood
economics, overall, that I could see.
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