COMMENT:

Growing calls for the Government to spend more money to stimulate the economy could hardly be coming at a better time for Finance Minister Grant Robertson.

Suddenly the kind of election-year promises that might otherwise have seemed like cynical bribes will look like a prudent fiscal response to grim global economic outlook.

Robertson hasn't yet buckled to calls to unleash emergency spending. He has retained a more up-beat view of the outlook than most local economists.

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He makes the case that new government spending from the last Budget only started to kick in on July 1.

Appearing to err

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