Labour govt 2020-23

[Panda-NZ-]

Yeah but there's not an election this year.. it's next year.

[nztx]

Yeah but there's not an election this year.. it's next year.

A whole year for things to get even worse

[couta1]

A whole year for things to get even worse

They certainly aren't going to get any better that's for sure.

[Baa_Baa]

Is nothing sacrosanct anymore? Labour said they'd keep debt between 15%-20% of GDP, now it's 36% and forecast to rise to 50%, another $48 billion, but wait .. they just change the rules on how they count debt and bingo it's back to 20%. FFS. These economy wreckers must go, another year of ruining NZ and future generations.

[Panda-NZ-]

Who cares?
It's the interest that matters (see japan).

Hence the S&P rating.

[Panda-NZ-]

The governments net worth is increasing:

https://www.stats.govt.nz/information-releases/government-finance-statistics-general-government-year-ended-june-2021

[nztx]

The governments net worth is increasing:

https://www.stats.govt.nz/information-releases/government-finance-statistics-general-government-year-ended-june-2021

Not even current figures and in Fiat Kiwi badly eroded courtesy of Govt's directives

On the back of what is coming with inflation, rising interest rates and harder times - a red herring

No matter how it's spun, it will be cold comfort all those out there who Ardern has promised
better times, which hasn't & likely wont materialise any time soon with them all on the standard IGNORE

[nztx]

Who cares?
It's the interest that matters (see japan).

Hence the S&P rating.

Labour will and probably are caring right now .. back into in crisis mode .. yet again

[Baa_Baa]

Who cares? The current and future generations of taxpayers who will be up to their eyeballs in debt, they’ll care, probably enough to vote out this incompetent reckless government. S&P won’t care, they’re not paying back the debt.

Incredible naivety, are you topping up your benefit with the labour shill money?

[couta1]

Labour will and probably are caring right now .. back into in crisis mode .. yet again

They will be digging deep into the bribe pit to stop the ongoing falloff in popularity, since the protest its all been downhill at a rapid rate of knots.