Credit team gives warning on Budget

Credit team gives warning on BudgetThe Government needs to get its books out of the red within five years, says one of the three men who will decide after Thursday’s Budget whether New Zealand’s international credit rating will be downgraded. The Treasury has told… [NZ Herald Politics]

So, now we know. If Labour had remained in government with Michael Cullen’s Decade of Deficits planned then New Zealand would have faced a credit downgrade.

Labour’s economic sabotge must never be forgiven.

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