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Political Roundup: Shouldn't the Government be spending more?

Bryce Edwards
By
Columnist·NZ Herald·
11 mins to read

COMMENT:

What sort of topsy-turvy political world have we arrived at? This week, the Government continued to defend its fiscally conservative approach, in direct opposition to economists who suggest more spending is warranted. Even Treasury, the Reserve Bank, the private sector, and National appear to be open to much greater spending.

On Tuesday, Finance Minister Grant Robertson had to once again defend to economists why the Government is being so fiscally conservative – see Victoria Young's Finance minister Covering the Minister's inaugural "Bloomberg address" in Auckland, this article reports: "Robertson says he will spend if necessary but for now he is resisting calls to use fiscal policy to stimulate New Zealand's economy."

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