Vernon Small on Kiwibank

Vernon Small writes:

I am as mad as hell and I'm not going to take it any more.

Ok, that might be going a bit far.

I admit I'm not one to get especially outraged by political spin – or to be surprised that an election campaign will bring out the worst , half-truths and statistics.

But with just three days to go, here are the top five things I am sick of hearing from politicians, press releases or “loyal” supporters.

1) National will sell Kiwibank

No it won't. Certainly not in the next three years – quite the reverse. in fact if it has any intention of winning in 2014 it would be nuts to even try, and frankly it is a bit soon to be fighting the 2014 campaign.

is Labour's latest lie. This is despite saying National will never sell Kiwibank while he is Prime . Labour can't win on the truth.

The other four things Vernon is sick of hearing is:

  • The after-tax wage gap with Australia has closed
  • The number of people leaving for Australia is/was better/worse under Labour/National
  • There is a $16 billion hole in Labour's fiscal plans
  • Labour will only borrow an extra $4b
  • ' voters are dying out

I'm pleased to see that Vernon's estimate of extra debt under Labour is close to mine. I make it $12b and Vernon says “about $10-12b”.

Of course that is just Labour's extra debt. You have to add on the billions to appears Greens, NZ First and Mana also.

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