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By Kim on April 1, 2009
The telly news led with rhetoric suggesting the February retail figures showed that spending “dried up” after the December stimulus, and the opposition chimed in with their claim that “the money was saved” (which apparently is terrible, even though it [...]
Posted in Economics, Media | Tagged ALP, analysis, Christmas, consumer spending, December, economic policy, Economics, February, global financial crisis, Kevin Rudd, Labor, Peter Martin, retail sales, Rudd government, stimulus package |
By Mark Bahnisch on February 5, 2009
Possum at Crikey: An interesting thing happened on the way to Christmas last year — the $10.4 billion Economic Security Package not only worked, but worked nearly exactly as Treasury had forecast it would. Peter Martin: “The bonus cheques had [...]
Posted in Economics | Tagged ALP, Christmas, consumer spending, December, economic policy, global financial crisis, Kevin Rudd, Labor, Rudd government, stimulus package |
By Mark Bahnisch on January 27, 2009
Anyone who’s worked in a large public sector organisation will know how “efficiency dividends” work. Or don’t work. Or work in unintended ways – by destroying the capacity to do what your actual main purpose is. There’s a bit of [...]
Posted in Consumerism, Economics, Film, TV, Video etc, Markets | Tagged ABS, ALP, consumer spending, consumption, data, deflation, economic policy, Economics, economists, fiscal spending, Gerry Harvey, growth, Harvey Norman, Kevin Rudd, Labor, Lindsay Tanner, managerialism, Peter Costello, Peter Martin, recession, Rudd govermnent, stimulus, Treasury |
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