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I gotta say I'm not a fan of the government stimulus handouts - I enjoyed getting the cash, but I think there are better ways to stimulate the economy - doing things like building projects and subsidising housing insulation are good stimulus items. Govt spends money which creates jobs and the extra jobs stimulate retail. Cash handouts just stimulates retail (or is used to lower debt).
Oz unemployment certainly rose and it is also harder to borrow money, but otherwise it is 'situation normal' here.
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who hid my keyboard's PANIC button?
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