Sunday, 12 March 2017, 12:37 pm Press Release: ACT New Zealand
Cloth capped unionist missed finance class
Andrew
Little’s muddled response regarding contributions to the
New Zealand Superannuation Fund shows how much is at stake
this election.
“We’ve had eight years of stable, if
stagnant, economic policy from an ACT-National
Government,” says ACT Leader David Seymour. “This
morning was a reminder of what a Labour Government can look
like.
“When challenged by Q+A’s Corin Dann, Little
dissembled over whether Labour would have borrowed money to
contribute to the NZ Super Fund during the Great Financial
Crisis.
“Nobody in their right mind would borrow against
their mortgage to invest in the global share market, but
that is what Andrew Little has suggested.
“Even the
suggestion of putting money into the Super Fund while the
Government carries debt demonstrates financial illiteracy.
Again, nobody would suggest investing in the global share
market instead of paying off their mortgage.
“On the
most basic test of economic competence, Labour are already
failing.”
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