Barto wrote:I'm impressed how many people are seeing it as a flawed policy. I heard someone describe it like a leaking radiator and this package is just as case of pouring more water into it rather than fixing the leaks or replacing it.
If you truly believe that you fully understand:
1- the global financial situation and it's impact on economies around the world;
2- how this will impact Australia; and
3- how this stimulus package might lessen the impact
Then you are a smarter man than I, and my job means I should have some base level understanding.
I am sure no-one on this site (including me) is really qualified to know if the stimulus package should be $42b, $20b (what the libs want), $0b or $442b. Hey, even Rudd & Turnbull don't know for sure.
Lets be honest.
What we do know is that the situation around the world is dire

, getting worse by the day and many Australian jobs are at risk. The situation in China (the major impact on what will happen here) is still unclear. The bleeding of Australian jobs started late last year and we now have weekly stories of job losses and businesses going under. This is a seriously bad situation we are facing.