While English seeks to pay for prisons by selling our assets – like selling your house to pay for your car (which you’re going to let someone else drive…) – it appears he’s still fiddling the figures to make things add up.
As David Cunliffe pointed out in the house today, he’s included the proceeds of the asset sales in his budget forecasts, but he hasn’t included either the cost of the sale ($600 million?) or the lost dividends (~$300 million / year?) in his budget forecasts.
The sales just don’t make economic sense, even before you get on to protecting your strategic assets…
Powered by WPtouch Mobile Suite for WordPress