Budget 2015 – A reactive budget

A panicked response to the Auckland property crisis. A welcome (albeit inadequate) adjustment to benefit rates. Public pressure is forcing action on the Left’s political agenda. Still no surplus, and no one believes the projected one next year. A reactive budget – there is no vision.

Andrew Little’s pre budget speech

“National’s talk now is about how achieving surplus was an “artificial target” and that getting a surplus is “like landing a 747 on the head of a pin.” A lot of effort has gone into glossing over the broken promise. But I see it for what it is – one of the biggest political deceptions in a lifetime.”