Spending their way out of trouble

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New Straits Times journalist K.C Boey writes about the 2009 Federal Budget: For economist Joshua Gans, it was always going to be the case that the government would stick to its guns. "For all the talk that the global financial crisis has changed everything, it has done little," Gans, professor of economics at Melbourne Business School in the University of Melbourne, wrote in The Age. "The government, in the face of world economic turmoil, has stayed the course. We should consider ourselves fortunate that we had that luxury." …   [Read Full Text]