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Showing posts with label Cash bonanza. Show all posts
Showing posts with label Cash bonanza. Show all posts

Tuesday, March 14, 2023

Mike Hosking: Is Labour's cash bonanza economically smart? No. Is it politically? Maybe


Quick question around the cash bonanza yesterday - is it so blatant that it might actually work?

An extra $300 million we don't have, just splashed all over the economy as part of a $2 billion package, made up of stuff that got cancelled.

They are doing it because we have a cost-of-living crisis and we have a cost-of-living crisis because they overreacted to Covid.