Each year the Government runs a deficit it drives public debt up further, and that comes at a cost.August 2011 – “In only three years we will be one of the first developed countries back in surplus. After that, we will be repaying debt while other countries keep borrowing.”
October 2011 – “An earlier return to surplus gives future governments more choices, and National is focused on that goal”
November 2011 – “We are committed to getting back to surplus in 2014/15 and that significant challenge will require ongoing spending restraint across the public sector and a focus on innovation and results.”
January 2012 – “Mr Key said that the Government’s focus on responsibly managing its finances includes a commitment to return to surplus in 2014/15 – which National campaigned on at the election.”
April 2012 – “Getting back to surplus is a challenge but we are making the decisions required to get there, so that we can pay down debt and have more choices about what we want to do.”
April 2013 – “We remain firmly on track to reach surplus in 2014/15.”
May 2013 – “New Zealand’s economy is in good shape. The Budget confirms the Government will get back to surplus by 2014/15.”
January 2014 – “After much hard work, the Government is effecting a remarkable turnaround in the books, with the latest forecasts showing a budget surplus in the next financial year – 2014/15 – after which government debt begins to fall.”
May 2014 – “A $500 million support package for families and children, dividends from a growing economy, and a track to surplus next year are all features of Budget 2014.”
Even the 2014 election campaign material continued this theme that a surplus was just around the corner. Remember this?
Since National came into government, we have been working towards achieving a surplus in the 2014/15 year as well as reducing debt.
But the earlier euphoric confidence started to wear off after the 2014 election.
October 2014 – “The Government is focused on returning to surplus.”
January 2015 – “The Government is working towards a surplus and repaying debt.”
For instance, at the moment financing debt costs taxpayers about $4 billion a year, expected to rise close to $5 billion by 2018.
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Kinky is using a feather. Perverted is using the whole chicken
I mentioned vegetables once, but I think I got away with it...........
Go soothingly on the grease mud, as there lurks the skid demon
I met up with a school teacher the other day, nothing but moaned about how they didn't have money for this or that.
I suggested they take a pay cut and put some of that money in the kitty. (like we do at work and home)
and then the fight started.....
A friend of mine took his son into A&E - badly damaged knee - (yeah caused by motorX bike crash/accident)
Sat around for approx. 7 hrs and was told they would come and see him. Then maybe get an MRI scan.
The MRI people had gone home hours earlier.....
meanwhile several drunk drivers withescort got taken care of.
Perhaps drivers found guilty of drunk driving could pay hospital andcosts?
READ AND UDESTAND
TOP QUOTE: “The problem with socialism is that sooner or later you run out of other people’s money.”
There's a few salient points missing there - like what the global economy was doing around 2009, the fact that Labour neglected our public infrastructure for their entire term (How many times have we heard from Mrs Clark that 'this was a Labour idea' - when in reality, it was National that actually did it)
Physics; Thou art a cruel, heartless Bitch-of-a-Mistress
Odd that you would say that as the Nats Catchcry at the time was people should be getting tax cuts..... rather than investing in NZs future by repaying crippling debt.
As for infrastructure investment the blue crowd only started this after ignoring and indede not even maintaining it for years, the recent investment is only a result of the last round of election bribes.
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Kinky is using a feather. Perverted is using the whole chicken
Are these Steven Joyce's figures
Its fucking teachers that raise the kids of dumb fucks like you ya wanker while your out flashing your conservative wads around complaining.
Its fucking nurses that work all hours that put dumb cunts like you back together again after you've had one too many pims and gobbed off to a normal bloke crap like you have here and found your nose under your ear. Then seek mental health services that the Nats have also fucked over because you cant cope..... Twat..
Would appear from HB's charts that you can save a lot of money by having Visions ( Waterview Tunnel, Electric Train Network etc) as opposed to actually building them.
DeMyer's Laws - an argument that consists primarily of rambling quotes isn't worth bothering with.
Refer to the "Optimistic Sellers" thread.....Sorry, I couldn't resist.
At this point, I reckon that everyone on here has made up their mind which way they're voting and what's being said is just a rant in case it doesn't go the way they want...
I'll be interested to see over the next year or so just how many of the doomsayers will exit overseas.
Not you Bob, if I win lotto, I'm coming to visit in France...
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