Bill Mitchell — [Australian] Federal government cutting spending as payroll data shows employment still in decline

US government spending is high historically but questionably targeted.  Uncertainty reigns in the private sector and firm spending is not taking up slack, as a result of the stubborn pandemic.

Bill Mitchell – billy blog
[Australian] Federal government cutting spending as payroll data shows employment still in decline
Bill Mitchell | Professor in Economics and Director of the Centre of Full Employment and Equity (CofFEE), at University of Newcastle, NSW, Australia