Each time the Nats open their mouths to carp about the Coalition’s reforms, it is a delight to remind them of their own pitiful track record over the last nine years. And for Steven Joyce, I offer his very own:
The 2017 Pre-Election Fiscal Update (PREFU) revealed that the Nats had achieved a respectable $3.7 billion surplus – contrasting sharply with the $1.6 billion forecasted surplus in the May 2017 Budget. How did National achieve such a remarkable feat, despite reduced revenue from tax cuts in 2009 and 2010 and the re-build after the Christchurch and Kaikoura earthquakes?. One doesn’t have to search far to find one possible answer where cuts were made to achieve their much-vaunted surplus;