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The Nats rode out the GFC because Labour paid down debt to historically low levels and used Cullen's savings to get through the GFC and earthquake.
Media and National are scaring people. Nationals narrative is to scare people of labour s tax where as national increased gst to 15 percent without telling people.
Selling assets that bring in money not clever, making cuts to government departments to help bring a surplus very cunning, not putting a tax on farmers taking water to irrigate who are partly responsible for polluting waterways plus use millions of tax payers money to build a water canal for Southland dairy farmers very bias, giving millions to a Saudi farmer and what exactly does NZ get in return? The list goes on and I'm trying to figure out where the good economics has come from other than our debt is higher than when labour was in charge.
Exactly. The Nats main theme is a lie. A myth.Along with flat out lies Stephen Joyce and Bill English.
Btw. The global financial crisis wasn't caused by socialists. It was bankers and business.Who got bailed out with the biggest welfare cheques in history
Well National has 9 years to look back on, and Labour couldn't even get their tax plan sorted in their 9 years in opposition. Says it all
national have got us into so much debt even after selling off our assets what will they sell off if god forbid they get in for another 3 years.labour had no debt like this when national got in 9 years ago.
Of course national is more fiscal than labour, they saved billions by not building the bridges in northland they promised last time, so whats the problem, sorry my bad
National is not better at all but they are good in scaremongering. Everybody knows Labour budget and it has been reviewed by so many leading NZ economists. Does anybody knows National costing? Did they ever give their budget for independent review and to be reported back to voters?
The Clarke Govt left NZ in excellent shape according to bill English ,This was just after the start of Nationals first term in office.
Remember when j key and national promised to not increase gst? What did national do in 2010 ? Increase gst to 15%....if you think national or labour won't increase taxes your on another planet, tax increases tend to run on a 7 year cycle....guess what we are overdue now.....