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“That choice ahead of us is, do we want to return to austerity, or do we want to continue the renewal and the regrowth of Britain” Labour’s Anna Turley says the government may face “difficult decisions” in the upcoming UK budget, but argues the current fiscal situation is “untenable” #bbcqt | BBC Question Time
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The experience of other countries provides a sobering glimpse of what would have happened had Australia not enacted fiscal stimulus during the Global Financial Crisis. Governments that were timid in deploying fiscal stimulus, and those who moved in exactly the wrong direction by inflicting austerity on their citizens, are still feeling the enormous economic and human cost of their response. | Wayne Swan
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