{"id":6896,"date":"2015-07-24T07:58:48","date_gmt":"2015-07-23T18:58:48","guid":{"rendered":"http:\/\/mananews.co.nz\/wp\/?p=6896"},"modified":"2015-07-24T08:08:41","modified_gmt":"2015-07-23T19:08:41","slug":"new-zealands-best-kept-secret-100-billion-debt","status":"publish","type":"post","link":"http:\/\/mananews.co.nz\/wp\/?p=6896","title":{"rendered":"New Zealand&#8217;s best kept secret $100 billion debt"},"content":{"rendered":"<p><a href=\"http:\/\/mananews.co.nz\/wp\/wp-content\/uploads\/2014\/10\/avatr.gif\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-77\" src=\"http:\/\/mananews.co.nz\/wp\/wp-content\/uploads\/2014\/10\/avatr.gif\" alt=\"avatr\" width=\"70\" height=\"90\" \/><\/a>\u00a0Mana News editor Joe Trinder<\/p>\n<p>The <a href=\"http:\/\/www.nationaldebtclocks.org\/debtclock\/newzealand\">New Zealand Debt Clock<\/a> reached $100 billion NZ dollars of <strong>government<\/strong> debt last week . That calculates to to $25,000 debt for every Man, Woman and Child in New Zealand. Equal to 50\u00a0per cent of New Zealand&#8217;s economic output.\u00a0When 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\u00a0government debt.<\/p>\n<p>The mainstream media have successfully managed to keep the debt crisis\u00a0a secret as Finance minister Bill has dug us up to our ears in debt.\u00a0I can categorically guarantee\u00a0the New Zealand Herald will never challenge\u00a0the public perception the National government is\u00a0good with money when in reality is fiscally irresponsible.<\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"http:\/\/mananews.co.nz\/wp\/wp-content\/uploads\/2015\/07\/NZDebtCrisis.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-6925\" src=\"http:\/\/mananews.co.nz\/wp\/wp-content\/uploads\/2015\/07\/NZDebtCrisis.jpg\" alt=\"NZDebtCrisis\" width=\"780\" height=\"958\" srcset=\"http:\/\/mananews.co.nz\/wp\/wp-content\/uploads\/2015\/07\/NZDebtCrisis.jpg 780w, http:\/\/mananews.co.nz\/wp\/wp-content\/uploads\/2015\/07\/NZDebtCrisis-244x300.jpg 244w, http:\/\/mananews.co.nz\/wp\/wp-content\/uploads\/2015\/07\/NZDebtCrisis-570x700.jpg 570w, http:\/\/mananews.co.nz\/wp\/wp-content\/uploads\/2015\/07\/NZDebtCrisis-701x861.jpg 701w\" sizes=\"(max-width: 780px) 100vw, 780px\" \/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u00a0Mana 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\u00a0per cent of New Zealand&#8217;s economic output.\u00a0When National took control of the Beehive in 2008, debt was [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":6925,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_links_to":"","_links_to_target":""},"categories":[5,1],"tags":[],"class_list":["post-6896","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","category-news","last_archivepost"],"_links":{"self":[{"href":"http:\/\/mananews.co.nz\/wp\/index.php?rest_route=\/wp\/v2\/posts\/6896"}],"collection":[{"href":"http:\/\/mananews.co.nz\/wp\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/mananews.co.nz\/wp\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/mananews.co.nz\/wp\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/mananews.co.nz\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=6896"}],"version-history":[{"count":35,"href":"http:\/\/mananews.co.nz\/wp\/index.php?rest_route=\/wp\/v2\/posts\/6896\/revisions"}],"predecessor-version":[{"id":6952,"href":"http:\/\/mananews.co.nz\/wp\/index.php?rest_route=\/wp\/v2\/posts\/6896\/revisions\/6952"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/mananews.co.nz\/wp\/index.php?rest_route=\/wp\/v2\/media\/6925"}],"wp:attachment":[{"href":"http:\/\/mananews.co.nz\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=6896"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/mananews.co.nz\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=6896"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/mananews.co.nz\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=6896"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}