Written By: - Date published: 6:58 am, March 28th, 2011 - 91 comments
The latest piece from economist Bernard Hickey is a despairing warning on the subject of borrowing. With the current government making things worse not better, is there any way out of this downwards spiral?
Written By: - Date published: 6:09 am, September 1st, 2008 - 26 comments
John Key tells us that National hasn’t decided yet what it would spend its extra borrowing on, what projects would be PPPs, what roads would be tolled under National. How, then, to explain this from last week’s Agenda? RAWDON Give me an example of a toll here, give me an example of what it will […]
Written By: - Date published: 12:40 pm, August 5th, 2008 - 20 comments
On National Radio’s Morning Report and Nine to Noon yesterday, Key ran the ‘not telling’ line once again and it was once too often. Asked a simple question: ‘What projects are you going to spend the extra money you plan to borrow on?’ Key refused to answer. You could hear the self-satisfaction in his voice […]
Written By: - Date published: 12:00 pm, April 29th, 2008 - 6 comments
Some may have noted an odd series of questions in Parliament and press releases from Bill English around government borrowing over the last month. The questions purposely conflated the idea of maintaining current debt levels with increasing debt. We noted this at the time and Tane correctly picked the strategy: First, sow confusion about debt […]