National finance spokesman Paul Goldsmith has lashed out at critics of National’s debt-reduction strategy, accusing them of “scaremongering”. Infometrics economist Brad Olsen said the debt target would require cutting public services. Talks of slashing public spending is scaremongering nonsense,” Goldsmith said. Goldsmith shot back at the notion that he would cut public services. “You’re still increasing spending, but not quite at the same rate the Government is proposing,” he said.

Source: Stuff July 24, 2020 02:37 UTC