Billions of lies

The Nats are settling in to election mode – smoke and mirrors and they hope we won’t notice – Billions for infrastructure reflects booming economy – Joyce

Finance Minister Steven Joyce yesterday promised to pump an extra $11 billion into new infrastructure over the next four years, spread across new schools, hospitals, housing, roads and railways.

Yeah nah – Joyce’s big reveal not what it seems

Then he got to his announcement, that the Government had decided to invest $11 billion into new capital infrastructure over the next four years, including $4 billion in the Budget he’ll be delivering in about a month’s time. They were impressive figures from a Government finally doing something about our congested roads, exploding school rolls and overcrowded hospitals.

But hang on – the announcement wasn’t quite what it seemed. They’d already said last December they were going to spend $9 billion bucks over the same time. In reality the announcement essentially was about what they’d already told us they were going to do, with an additional billion being tagged on as election lolly this year with another couple of dollops a few years out if they’re reelected.

That’s billions of dollars worth of lies then.

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