That was Then, This is Now #29 – Joyce’s $11.7 billion hole – goneburger!
It would appear that Ms Kaye has inadvertently ‘sunk’ Steven Joyce’s claims of Labour’s $11.7 billion “hole” made during last year’s election campaign.
$11.7 billion hole
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National’s $11.7 billion hole is right where they left it
The claim of an $11.7 “fiscal hole” became a dominating irritant throughout the election campaign, even though in large part it failed simply because no one else (except Bill English) agreed that it existed. TV3’s “Newshub” even created this now-famous, handy, infograph to illustrate the fact that Joyce and English were effectively on their own;