A few weeks ago, I did a podcast for the group that has organised ‘Politics in the Pub, Newcastle’, which is a monthly event where a speaker(s) address a topic of public interest in a local Newcastle hotel and answer questions from the audience.
It is meant to be an educative engagement with the interested public....
Bill Mitchell – billy blog
Politics in a Podcast – fiscal statements and the pandemic future
Bill Mitchell | Professor in Economics and Director of the Centre of Full Employment and Equity (CofFEE), at University of Newcastle, NSW, Australia
Politics in a Podcast – fiscal statements and the pandemic future
Bill Mitchell | Professor in Economics and Director of the Centre of Full Employment and Equity (CofFEE), at University of Newcastle, NSW, Australia
Some dope in the comments over there:
ReplyDelete“ The Howard government prided them selves on getting into surplus, after the Keating government”s recession they had to have. But what they don’t tell us is that they sold off public utilities, airports, and industrial relation reforms to run this surplus and in the mean time house hold debt tripled over that period and from that point on governments have kept lowering interest rates up til this point in time.
Now with their relaxed lending policies I see a repeat of household debt rising, if housing prices drop well then there could be another GFC.”
Australia never had a GFC in the first place.... dude was probably 10 years old in 2008 and doesn’t even know what went on....