The govt deficit per household is around $7,000 each
Finance costs per household on crown debt gone from $2k in 2017 to $4k in 2023
The number of public servants went from 48k to almost 63k
David Farrar runs Curia Market Research, a specialist opinion polling and research agency, and the popular Kiwiblog where this article was sourced. He previously worked in the Parliament for eight years, serving two National Party Prime Ministers and three Opposition
1 comment:
Readers without degrees in public administration and economics would benefit from a few explanatory notes.
What exactly is meant by "Crown borrowing" and from whom do they borrow?
What is the connection between Crown borrowing and the govt deficit?
What is meant by 'household' - does it include single people?
How are finance costs per household calculated?
Silly questions for the initiated, but very sensible ones coming from the uninitiated.
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