Why the young need an even higher debt ceiling

Robertson lifts debt limit that strangled investment for 30 yrs & created a $104b infrastructure deficit; He wants to use some of the extra headroom to invest, but the ceiling still isn't high enough

TLDR: After 30 years of living in a budgetary straitjacket that squeezed infrastructure spending down into a $104b deficit, Labour’s Finance and Infrastructure Minister Grant Robertson is finally releasing a few of the shackles so Governments of both flavours can start catching up in the longer term.

The bigger question is whether Robertson’s new net pub…