No, it wouldn't, but that's because you are trying to understand things without reference to the facts. From the
RBNZ statistics:
Official government debt June 2000: $17.38 bn or 15.4% of GDP
Official government debt June 2005: $16,24 bn or 10.5% of GDP
Official government debt June 2008: $17.85 bn or 9.7% of GDP
Official government debt June 2011: $40.80 bn or 20.4% of GDP
If you look closely you will see that during Labours final term the amount of government debt did rise by around $1.6bn, not quite $11bn. Then if you look at the last 3 years it rose around $23bn!
Of course you may want different data, so I suggest you start with looking at the
a summary of the 2008 Treasury Financial Statements of the Government., then look at a snapshot of the
2011 data.
You'll see that education expenses rose slightly in 09, then basically stayed the same, while health and social welfare spending crept up. You'll also see that selling shit like electricity and airfares generated $15.1 bn, more than twice as much as the tax paid by the corporate sector, who paid less than 1/3 as much tax as private individuals. Interesting, huh?
Or would you prefer a National Party press release, or a right wing blog somewhere? They may not be factually correct, but they support your argument, and that's a good thing.
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