https://www.scoop.co.nz/stories/HL1104/S00002/95bfm-manning-mikela-govts-borrowing-plan-unsustainable.htm
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95bFM: Manning & Mikela Govt's Borrowing Plan Unsustainable |
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Selwyn Manning and 95bFM's Mikela discuss how the National-led Government has created itself an economic hole. It's roll out of tax cuts failed to stimulate the economy, and its refusal to create a levy to help pay for the Christchurch earthquake rebuild is causing it to borrow $950 million last week and another $750 million this week. Clearly that rate of borrowing is unsustainable.
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