Focussing on fiscal fillip and folly

February 17, 2009

A big hurrah went up from right-leaning quarters of the blogosphere after the Business Roundtable’s Roger Kerr sounded out on the shortcomings of fiscal stimulus in the NZ Herald.

Kerr is particularly bothered by the pressure on the government in these recessionary times to increase its spending to give the economy a fiscal lift and likens increased spending to throwing petrol on a fire.
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