MANA MEDIA RELEASE
FOR IMMEDIATE RELEASE
10 October 2011
John Key caught out lying about credit downgrade
Prime Minister John Key is not only in denial about New Zealand's credit downgrade but he is also lying to New
Zealanders for nasty political motives says Mana Economic Justice spokesperson John Minto.
"John Key claimed last week that he was told by ratings agency Standard and Poor's that future credit downgrades were
more likely with a change of Government. Today Standard and Poor's flatly contradicted the Prime Minister. They said it
wasn't true.
Instead of scaremongering about a new government the Prime Minister should come clean and admit his poor economic
mismanagement is to blame for the credit downgrade.
"Mana is tired of a Prime Minister who won't front up on the hard issues of economic credibility but is happy to talk
about his cat or Coronation Street timeslots on Radio Live!"
ends