Duncan Garner just tweeted an simple question:
Question for tmrw – when we’ve just borrowed $55b over 6 years how on earth are tax cuts suddenly affordable? @RadioLIVENZ Drive 3-6pm
Here’s a simple answer. They aren’t.
Of course they aren’t affordable, none of National’s tax cuts have been affordable (see debt), they are election bribes pure and simple. Bill English knows it, but John Key gets to promise anything anyway. While Cunliffe gets hacked up in the media for confusion over a detail of a complex policy, and while Labour has all its policy fully costed on its web site, National gets away with this inconsistent, un-costed, unaffordable nonsense. Cut to picture of Key posing with an All Black…