Peter Martin was the first to notice, I think, that the “go for growth” backdrop gave way to a flag at what by all accounts was an extraordinary press conference from the PM this morning. Why? Well, the Reserve are suggesting that going for growth is just what we don’t want to do so much of – well explained by Martin again in this post. Where does this leave both parties? Be interested in people’s thoughts. As Mark speculated at PollieGraph, maybe we’ll see Kevin07 flicking the switch to fiscal responsibility? Perhaps all the “me too-ism” on the promises was a cunning trap? If he stops doing it, what sort of look will it be for Howard to play true to form and try to spend, spend, spend his way to an unlikely victory?
Elsewhere: more at Blogocracy.