"Why the need for a deficit this early in the downturn??"there...

  1. mistyrains
    36,517 Posts.
    lightbulb Created with Sketch. 1
    clock Created with Sketch.
    27/11/08
    16:36
    Post #: 4548568

    "Why the need for a deficit this early in the downturn??"

    there is a big lag time for any fiscal budgetary stimulus to flow through to the economy. This government is attempting to cushion the effects of any economic downturn by implementing such economic measures earlier.

    Basic economics.


    Likes Created with Sketch.  Upvote
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

SVL Silver Mines models five new calderas close to 396Moz Bowdens deposit
right-arrow Created with Sketch.
LYC Lynas eyes first dysprosium, terbium HREE production in CY25
right-arrow Created with Sketch.
PDN Paladin flags up to 4.5Mlbs of uranium production in FY25 guidance
right-arrow Created with Sketch.
PH2 Pure Hydrogen to supply hydrogen-fuelled garbage truck to City of Newcastle
right-arrow Created with Sketch.
SUN ANZ deal to buy Suncorp to go ahead following approval from Treasurer
right-arrow Created with Sketch.
RMS Ramelius boosts WA gold portfolio with stake in Spartan
right-arrow Created with Sketch.
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.