The Winston question was a fizzer – his so called dirt on National was all old stuff.
The questions on borrowing for infrastructure has been wonderful. Someone in National Research deserves a keg of beer for digging up quotes from Helen Clark in 1994 and 1999 advocating increased borrowing.
The 1994 quote was priceless as debt as a % of GDP was 56% then, and Clark explicitly said there should be more money on infrastructure and not to worry about the debt.
Key also revealed that the first thing Clark did when she became PM was lift the Govt’s target for debt as a % of GDP from 25% to 30%. Hilarious.
National will get beaten up later on for Bill’s tape recorded comments, but those quotes were priceless, and the look on her face as Key read them out – superb.
Anyone who has a copy of the actual full quotes should feel free to e-mail them to me!Tags: government debt, Helen Clark, infrastructure, John Key