Ben Eltham dissected the Rudd Government’s $42 billion economic stimulus package for New Matilda. He says that the package announces badly-needed and welcome investments.
It’s a mix of old-fashioned handouts and public works spending, with some clever shoring up of the Government’s education and green credentials thrown in.
Rudd’s package is both good macro-economics and very smart politics. On the back of his (somewhat disingenuous) assault on neo-liberalism in The Monthly, Rudd has seized the opportunity afforded by extraordinary times to reframe the national economic debate.
Read the full review here.