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Flat White

Coronavirus tipped us into recession – a recession made inevitable by two decades of policy failures

14 October 2020

1:39 PM

14 October 2020

1:39 PM

There is a natural desire for people to compare this current 2020-21 economic recession to earlier ones, with the most obvious comparison being the slowdown of 2007-08. This is particularly relevant given the commentary following Josh Frydenberg’s recent budget and the respective policy positions of the Liberal and Labor parties then and now. 

People look at the levels of fiscal and monetary stimulus.

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