Politics

The truth about National's so-called stimulus: not a penny more

Pundit has finally received answers from Bill English's office about the government's stimulus package. Contrary to the spin, the government is re-announcing already promised money, it has not added a cent to its spending since December, and while the rest of the world ups the ante, New Zealand is sitting on its hands

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The $9 billion bait and switch

National claims its $9 billion stimulus package is one of the largest in the world and will protect New Zealand from the worst of the recession. But much of package is in fact old spending re-announced, including most of the previous government's 2008 Budget and the purchase of KiwiRail that National so vehemently opposed

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