Crown accounts $14bn worse off

[mashman]

and we're surprised... I wonder how much them thar tax cuts cost the Crown , because it sure looks like it worked the promised magic, food prices are stable, fuel prices are stable, there are enough jobs for everyone, there's plenty of housing to go around etc...

[p.dath]

There has been a global economic recession ... and I think you'll find most countries are worse off.

There is nothing special about our case.

[Banditbandit]

There is nothing special about our case.

Yeah .. there is .. the Nats bought their way into power with tax cuts - and they then had to replace that lost income with borrowing ...

And the barstards practice monetarist economics ... which is about the worst way to run an economy ...

[Quasievil]

All we need now is Labours lolly bag election winning strategy to kick in and we will be truly fucked.

[onearmedbandit]

Yeah .. there is .. the Nats bought their way into power with tax cuts - and they then had to replace that lost income with borrowing ...

And the barstards practice monetarist economics ... which is about the worst way to run an economy ...

Did they vote themselves in? That's a pretty cool trick if they did...

[admenk]

Don't worry, Winston Peters will sort it all out after the election

[avgas]

Did they vote themselves in? That's a pretty cool trick if they did...

740,000 people didn't agree with with their policies. Unfortunately the same 740K didn't agree with Labours either so gave up with the idea of voting all together.

If it helps to know. Only 34% of people actually voted for national

[Indiana_Jones]

Yeah .. there is .. the Nats bought their way into power with tax cuts

I don't recall the uni students complaining when aunty helen did the same thing in 2005 lol

-Indy

[Banditbandit]

All we need now is Labours lolly bag election winning strategy to kick in and we will be truly fucked.

Don't buy into the national bullshit about labour - or labour's bullshit about national ...

Here's an interesting treasury paper ...

http://www.treasury.govt.nz/governme...d/jun10/09.htm

Have a look under Debt .. it shows that our net debt was falling from 2001 to 2008 .. then the Nats came in .. and guess what - debt is rising again ...

It also shows we've gone from a $2billion Govt surplus in 2008 (Labour Gvt) to a $9billion Govt deficit in 2010. Sure, some of that can be blammed on the world economy - but soem of it is the responsibility of the Govt - who aren't decreasing spending at all.

These figures speak stronger than political rhetoric ..

So, which is the party of the lolly scramble? - remember the Nats promised tax cuts ... and paid for them by borrowing ...

[Whynot]

740,000 people didn't agree with with their policies. Unfortunately the same 740K didn't agree with Labours either so gave up with the idea of voting all together.

so you're saying that 740,000 people don't give a fuck about politics .....

[onearmedbandit]

so you're saying that 740,000 people don't give a fuck about politics .....

More to the point, 740k didn't give a fuck about their future or that of the nation.

[The Stranger:Me]

Yeah .. there is .. the Nats bought their way into power with tax cuts..

Still I find there is a certain honesty to that approach.
It didn't matter if you're student, a woman or a darkie you were still entitled to your tax cut - unlike the last lot of robin(g) hoods.

[Whynot]

More to the point, 740k didn't give a fuck about their future or that of the nation.

and that surprises you?

[onearmedbandit]

and that surprises you?

I never said it did.

[imdying]

More to the point, 740k didn't give a fuck about their future or that of the nation.

Perhaps it's a vote of no confidence. They might feel that no matter which way they vote, they'll get shat on from above.