Scoop has an Ethical Paywall
Dunne: Labour has a love affair with debt
Hon Peter Dunne
MP for Ohariu
Leader of
UnitedFuture
4 November 2011
Dunne: Labour has a love affair with debt
Labour needs to end its “irresponsible and profligate love affair with debt”, UnitedFuture leader Peter Dunne said today as Labour rolled out its fiscal framework.
“Debt is debt – and if Phil Goff had turned his telly on this morning and looked at the chaos in Greece he might have delayed his funding announcement and had a rethink,” Mr Dunne said
“The numbers he is throwing around in such a cavalier fashion are as if $4 billion were chump change.
“The world is in the midst of a global economic crisis fuelled by debt levels, and Phil Goff says take on more debt.
“This is the last thing Labour should be doing.
“With this kind of thinking, they cannot hold themselves out as competent economic managers,” he said.
ENDS
Gordon Campbell: On The Hikoi Aftermath
Infrastructure New Zealand: Single Agency Needed To Coordinate Climate Adaptation And Recovery
Free Speech Union: Fair Digital News Bargaining Bill Likely To Restrict Access To Information, Polling Shows Most Oppose
Auckland Transport: Driver Safety Screens Now Rolling Out Across Auckland’s Bus Fleet
People Against Prisons Aotearoa: 'Expect Resistance' - Community Group Pushes Back Against More Cops With Guns
Greenpeace: New Zealand Drops In Global Ranking On Climate Action
PSA: Spending Cuts Need To Stop - PSA Urges Govt To Listen To Economists
