Nats, Lies, and Videotape
.
.
National MP, Mark Mitchell, was a guest on Prime TV’s “Backbenches” on 1 May, along with Damien O’Connor (Labour Party); Jan Logie (Green Party), and Peter Dunne (Peter Dunne Party).
.
.
Usual political rah-rah, blah blah, from the Tory politician, until he came up with this throwaway remark,
“We inherited ten years of deficits from the previous Labour Government...”
Now, quite simply, anyone with a passing knowledge of Labour’s fiscal record during their term in office from 2000 to 2008 will know that is a blatantly untrue comment.
In fact, it’s bullshit.
Under Labour, Government Debt to GDP dropped from 31.4% of GDP to 17.4%.
Government debt did indeed rise – under National, as the graph below amply demonstrates;
.
Acknowledge: Trading Economics/NZ Treasury
.
National’s government debt is now twice as high as when Labour left office in 2008.
Some will even recall that Labour Finance Minister, Michael Cullen, posted several surpluses during his tenure as Finance Minister – reaching $7.9 billion by 2007;
.
$2,300,000,000: Dr Cullen’s finest hour (29 May 2002)
.
Cullen prepares to trumpet high surplus (21 Feb 2003)
.
Cullen Unwilling To Share Fiscal Surplus Through Tax Cuts (18 Oct 2004)
.
Hide attacks Cullen for hiding huge surplus (16 March 2005)
.
Record surplus, but Cullen ‘won’t know about tax cuts until December’ (11 Oct 2006)
.
Cullen confirms huge surplus (10 Oct 2007)
.
Cullen quick to emphasise volatility after surplus hit (19 Feb 2008)
.
Just as well that Cullen resisted strident calls for massive tax cuts. Instead, perhaps being the wisest man in the decade, realised that common sense demanded that we pay down our sovereign debt, rather than splurge out on an almighty cash-lolly scramble.
Mitchell should know all this. He probably does. In which case we can only wonder if he was perpetuating a right wing lie about Labour’s track record.
If Mitchell isn’t aware of the reality of Labour record whilst in government, then he is woefully ignorant.
And, as pointed out above, is Mitchell aware the govenment debt under National watch has doubled from 17.4% in 2008 (left by Labour) to 37% (generated by National)? Having to borrow billions to pay for two unaffordable tax cuts in 2009 and 2010 certainly did not help (see: Govt borrowing $380m a week ).
Let’s ask Mr Mitchell, shall we?
Date: Fri 3 May 2013, at 12.09pm
From: Frank Macskasy <fmacskasy@yahoo.com>
Subject: Budget surpluses and deficits
To: Mark Mitchel <mark.mitchell@parliament.govt.nz>
Cc: Dominion Post <editor@dompost.co.nz>, NZ Herald <editor@herald.co.nz>,
Otago Daily Times <odt.editor@alliedpress.co.nz>,
Morning Report <morningreport@radionz.co.nz>,
Nine To Noon RNZ <ninetonoon@radionz.co.nz>,
Kim Hill <saturday@radionz.co.nz>,
Chris Laidlaw RNZ <sunday@radionz.co.nz>.
Kia ora Mr Mitchell,
Recently, on 1 May, you made a statement on Prime TV’s “Backbenches” to the effect,
“We inherited ten years of deficits from the previous Labour Government…”
I was surprised that you would make such a comment.
Are you aware that under Labour, Government Debt to GDP dropped from 31.4% of GDP to 17.4%?
https://fmacskasy.wordpress.com/wp-content/uploads/2013/05/new-zealand-government-debt-to-gdp.png
Government debt rose thereafter, from 17.4% in 2008 to 37% – generated by your government.
Labour’s surpluses were well publicised in media reports, reaching $7.9 billion by 2007,
.
$2,300,000,000: Dr Cullen’s finest hour (29 May 2002)
.Cullen prepares to trumpet high surplus (21 Feb 2003)
.Cullen Unwilling To Share Fiscal Surplus Through Tax Cuts (18 Oct 2004)
.Hide attacks Cullen for hiding huge surplus (16 March 2005)
.Record surplus, but Cullen ‘won’t know about tax cuts until December’ (11 Oct 2006)
.Cullen confirms huge surplus (10 Oct 2007)
.Cullen quick to emphasise volatility after surplus hit (19 Feb 2008)
.
Can you explain how you’ve managed to turn a near-decade of surpluses, and paying down sovereign debt, into “ten years of deficits from the previous Labour Government”?
It is obvious that your statement on Labour’s fiscal track record was somewhat in error.
Will you be issuing a media correction on this issue? If not, why not?
Please note that any statement you provide may be published in a blog.
Regards,
-Frank Macskasy
This blogpost will be updated upon Mr Mitchell’s response.
.
.
= fs =
Well in case he even bothers to click on your link to this article I can post a comment here that he might read.
A bullshitter is another name for a big fat liar. Mark Mitchell your pants on fire.
And compared to this Mark Mitchell http://www.youtube.com/watch?v=a4aNzXKxwLM he’s even a second rate Mark Mitchell.
If i said it ain’t so, that would make me a big fibber just like them lol
It ain’t so… well, to them, its not fibbing, is it….
They probably won’t recall if it is fibbing or not!
Its not fibbing, its their version of the truth, and if they DO get caught out fibbing, they blame the brain fade….
Knowing politician’s egos, Matthew, I’d putting money on him clicking on that link… 😉
I’ll be interested in any response he gives – if he has the balls to reply at all.
As regards the story, National Governments can only slash and burn the nation *IF* they can blame it on the previous Government…..
Nice work Frank. Looking forward to reading the update. 🙂
Absolutely, Neil. It’ll be an *update* blogpost 🙂
Lies spread faster than the truth, unfortunately, especially when it’s what people want to believe.
Indeed, Kate. As the old saying goes; repeat a lie enough times, and it becomes the “truth” (or words to that effect).
I suspect that is indeed National’s agenda.
And the irony is that waiter’s taxes helps pay for the gilmore lifestyle.
Excellent Work.
Looking forward to the answer
There you go , bringing facts into it ! National are riding the John Key Cult of Personality ! FACTs have no place here !
If people realised that the Key regime is batting a perfect “0” when it comes to successful policies “the John Key Cult of Personality” might not get a third term .
Wonder if Novopay could be contracted to count the next election ?
LOL @ Mick 😀
No response from Mitchell as at the time of this post.