Stadium woe

“Just about every unlikely event has occurred and every worst-case scenario has become a reality.”

Finance Minister Bill English talking about the stadium?

NO. He might as well have been.

Yesterday, Mr English warned that big-spending budgets were a thing of the past and that he would be focusing next month on a “clear message of restraint”.

“It goes without saying that the budget is being prepared against a backdrop of global and domestic economic conditions considered unthinkable, even by the most pessimistic forecasts, just one year ago. Just about every unlikely event has occurred and every worst-case scenario has become a reality.”

In preparing the 2009 budget, Mr English had focused on redirecting large sums of low-quality spending into higher-priority areas. He had been surprised by how much low-quality spending he had found.

### ODT Online Thu, 23 Apr 2009
Budget aims to deal with downturn
By Dene Mackenzie
Finance Minister Bill English yesterday warned that big-spending budgets were a thing of the past and that he would be focusing next month on a “clear message of restraint”. Speaking in Auckland, Mr English said the Government was committed to retaining social entitlements and improving public services.
Read more

Posted by Elizabeth Kerr

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Filed under Architecture, CST, Design, Economics, Geography, Hot air, Media, Politics, Site, Stadiums, Town planning

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