We need to rebuild, whether it’s inflationary or not
OPINION: If this investment requires a little borrowing, personally I can live with that.
NBR columnist Simon Bridges speaks with Calida Stuart-Menteath.
Adrian Orr, as he often does, said an interesting thing last week. The floods and cyclone rebuild, he proffered, should be funded by either more tax or less spending, otherwise the effect will hurt his inflation-busting efforts.
At one level, his logic is impeccable and, if we entertain it for a
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