Mana News editor Joe Trinder

The New Zealand Debt Clock reached $100 billion NZ dollars of government debt last week . That calculates to to $25,000 debt for every Man, Woman and Child in New Zealand. Equal to 50 per cent of New Zealand’s economic output. When National took control of the Beehive in 2008, debt was just over $10 Billion. Every Budget released since 2008 has failed to make surplus due to servicing the interest from government debt.

The mainstream media have successfully managed to keep the debt crisis a secret as Finance minister Bill has dug us up to our ears in debt. I can categorically guarantee the New Zealand Herald will never challenge the public perception the National government is good with money when in reality is fiscally irresponsible.