Home > The Body Politic > If National are such prudent fiscal managers…

If National are such prudent fiscal managers…

… why is it that Standard & Poors, Moodies, and Fitch constantly downgrade our sovereign credit rating whenever they are in power?

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new-zealands-foreign-currency-credit-rating-history2

Source: NZ Debt Management Office

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Just wondering.

This blogpost was first published on The Daily Blog on 31 December 2013.

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= fs =

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