Monday, June 4, 2012
Mike Butler: Sir Michael's woeful record
The editorial describes Sir Michael as a worthy recipient, because “he presided over a generally healthy and resilient economy”, he recognised “the need to save for the inevitable rainy day ahead”, and “served the country particularly well as the Minister for Treaty of Waitangi Negotiations”.
But remember, Cullen saddled the nation with Working for Families, a scheme that will cost $2678-million this year, brought in vote-catching interest-free student loans that will cost $1835-million, and KiwiSaver that will cost $688-million. He presided over a $1000-million blow-out in Accident Compensation Corporation debt, and in 2008 paid Toll Rail $690 million for a clapped-out train set after injecting $200-million into Tranz Rail in 2003.
at 8:17 PM