More mis-speaking by Goff
October 31, 2011
Under National’s watch, we have gone from a surplus three years ago to an $18 billion deficit this year. We must pay back our debt and live within our means.
Phil Goff in his policy on savings.
Yet whilst factually correct it omits to point out, amongst other matters:-
1. Cullen by his own admission left the cupboard bare
2. NZ was in recession
3. Labour promoted more spending to ease recession
4. 2 earthquakes
5. global financial crisis
6. spending locked in by Labour on Working for Families, student loans etc
Much of the deficit was caused by factors other than actions by National, indeed Labour was responsible for a good part of the deficit.
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And Treasury was forcasting a decade of deficits.
Actually, it is NOT factually correct. Labour did not leave office with a surplus in 2008. They had already spent more than the remaining surplus and were already borrowing to stay afloat.
Yet it’s factually correct ….
I just had a browse over at the strandred and they have the same thinking – if you say the same thing enough and ignore reality, eventually one believes it.