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The Times

we need more stimulus to avoid a prolonged recession

  • Written by Danielle Wood, Chief executive officer, Grattan Institute
we need more stimulus to avoid a prolonged recessionShutterstock

After two decades equating budget surpluses with good economic management, it might seem convenient that the federal government has changed its fiscal strategy just before the budget to focus on jobs over keeping the deficit in check.

But it’s the right move. The world has changed in ways that make government spending more...

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