Stephanie Rodgers claims that the surplus announced yesterday is not actually a surplus – because, she says, the Government should have spent more so there wouldn’t be a surplus.
In Year Eight of this National government, the idea of a budget surplus is a joke (and not just because it’s been completely engineered by the catastrophic Auckland housing bubble). They’ve promised it for nearly a decade. They’ve fiddled the books to make the numbers come out OK. They even declared a surplus in the middle of the financial year – that’s how desperate Bill English has been to pretend that everything’s going along just fine in New Zealand.
That shows an alarming lack of understanding of how how a Government budget works, and why the surplus was announced now.
“Finance Minister Bill English has today presented the Crown accounts for the year to June”.
It’s normal to announce financial results a while after the end of the financial year, like about now.
The Government is required to announce crown accounts, even when the timing isn’t too Rodgers’ liking.
The truth is, there is no surplus.
This surplus isn’t a success for our government. It is a sign of their failure. It shows they do not understand what their job is: to look after the people of this country. To govern us – not bean-count.
There is no surplus – not if you care about people more than money.
So Rodgers doesn’t want a surplus because she wants more money spent, probably a lot more money than Crown revenue, which means a deficit. She would probably complain if a deficit was announced at this time of year too.