After the 2008 financial crisis The Rudd Government passed two stimulus packages in an effort to revive the Australian economy. The packages were worth more than a combined $50 billion. Mr. Rudd argued that they helped sustain the economy by boosting retail sales and saving tens of thousands of jobs.
Depending on how much trouble our economy is in and how long we've been in a recession for but as a whole I think no
@9DNJPSJ1yr1Y
Personally I think Government should assist at times to help business`s but I have no faith in them at all to actually do what is required or would work
@8ZFGSBZ3yrs3Y
Yes, to aid recovery and avoid suffering but with conditions to ensure effectiveness
Yes but only so much as that the debt will not increase beyond 90% Debt to GDP
@8KMKT6D4yrs4Y
Yes... by tax breaks for low income and economic aid to disability, carers and elderly (only if they financially need it)
@kristoDemocratic Labour4yrs4Y
Economic Stimulus is vitally important to ensuring the economy and industry can survive through a crisis -- government spending should be carefully targeted to sectors with reliable returns and those which boost spending by all citizens, chiefly those with the least money to spend.
@8F953DT4yrs4Y
Yes, but spending on infrastructure that benefits the common good & provided jobs in creating common good assets - like social housing & public transport.
@97ZF7LJ2yrs2Y
Yes, but get the high income earners to have a specific tax that requires a portion of their funds to be donated to community services and education
@927K9GT3yrs3Y
Yes. Only for those on incomes of less than $100,000/year.
@9C5TRZG2yrs2Y
Yes for people on low income
@9BJ8MH72yrs2Y
Depends on why the recession occurred and how large
@98LDNWJ2yrs2Y
Stop most spending in general regardless but cut all spending ALL spending during a recession/depression
@HippopiJ2yrs2Y
Yes, but stimulus should go straight to those in lower socioeconomic groups.
@93P824Y2yrs2Y
Yes, but the economic stimulus must be cut by 50%
@933YRTC3yrs3Y
Yes, but only by referendum.
@933P6XW3yrs3Y
Yes, though support for workers to turn their companies into worker-owned and run co-ops
@932BBQS3yrs3Y
Yes, but only for lower income citizens and business.
@92VD5XH3yrs3Y
Yes but in the form of tax break for low income earners, and assisting those that are most heavily hit by recession.
@8ZQNGHQ3yrs3Y
Yes, but I think there should be more public voice on how the aid is used
@92C8NLZ3yrs3Y
Provide safety net for low income workers
@92849BC3yrs3Y
Yes, combined with Universal Basic Income that everyone gets paid but counts to wards income for the year and gets paid back via tax levels. That UBI can be turned up or down for stimulus. Current stimulus does not work, systems are taken advantage of and its generally unfair.
@8ZKYX3ROne Nation3yrs3Y
Yes but only invested in projects that generate an income for the economic recovery, money should not be spent on services and projects that are dead money.
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