Ben Eltham | Good Old-Fashioned Handouts: dissecting the Rudd Government’s economic stimulus package

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  • Ben Eltham | Good Old-Fashioned Handouts: dissecting the Rudd Government’s economic stimulus package

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.

 

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