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Thread ID: 104030 2009-10-14 17:48:00 Bill English is going to borrow 250 mil a week ! Digby (677) PC World Chat
Post ID Timestamp Content User
820529 2009-10-14 17:48:00 Just on the news the NZ govt is going to have to borrow $250 million a week for the next few years.
Wow that is a lot !
It shows how far in the **** we are.
Obviously with the downturn there is less company tax.
Less paye as people are earning less
And dole payments are going up !

What I would like to now is why National is not doing much to really boost NZ on the international scene so that our economy grows so the govt gets more money that way.
They seem to be playing around at the edges. Better than Labour tho.
Digby (677)
820530 2009-10-14 17:57:00 Oh well obviously JK and his mates can do no wrong yet they are no better than any other party in power, i wonder how short peoples memories will be again when the next election arrives. Labour were not any good yet JK and his cohorts have screwed ACC, rented their own houses at our expense sold the World cup to Maori TV I could carry on but it's not funny what they are doing gary67 (56)
820531 2009-10-14 19:24:00 Step in prefect.
:)
Trev (427)
820532 2009-10-14 19:32:00 From what I saw on TV last nite NZs books are in a way better state than those of most of the rest of the western world except for Australia.. paulw (1826)
820533 2009-10-14 19:39:00 I really feel sorry for Bill English, having to pick up the pieces after being left with a shocking set of books - a huge ACC liability that wasn't declared before the election, Cullen paying double what Kiwirail was worth to Toll, and what-not. At least we're not borrowing an extra $1.5 billion to build that damn tunnel! somebody (208)
820534 2009-10-14 20:00:00 Glad Im not in Mr. English's shoes convair (13650)
820535 2009-10-14 20:04:00 Isn't this what governments are good at, getting the country into a heap of debt.

Fixed that for you Jimm...

EDIT: And then you changed your post completely!!
johcar (6283)
820536 2009-10-14 21:08:00 ...
Better than Labour tho.

You reckon?????
bk T (215)
820537 2009-10-14 21:40:00 As I remember it Labour did pay back quite a bit of the debt the country had when National was last in. Sweep (90)
820538 2009-10-14 21:52:00 As I remember it Labour did pay back quite a bit of the debt the country had when National was last in.

Yes that is true, but there was a global depression when National was in, then things picked up and Labour were able to pay the debt back, but then they did nothing to build NZ up.
Digby (677)
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