Originally posted by ShibbyUp
Please explain your logic for claiming government spending will cause a recession.
Government spending is usually used as a tool to minimise economic weakness, as we saw worked in 2008.
The latest budget figures say we will be back in surplus this financial year.
We have been paying the price for for the poor choices of spending during the GFC and this is backed up by the RBA.
The spending proposed so far by Labor ,the tax grab by Labor ,the negative gearing changes ,the changes to franking credits will all effect the economy in different ways and Labors plan to increase taxes will weaken the economy and confidence when house prices are falling.