Senate debates Questions without Notice

Economy


Stephen Conroy

Stephen Conroy Victoria, Australian Labor Party, Deputy Leader of the Government in the Senate

2:20 pm

You are just jealous. Governments must take decisive action to stimulate economic activity in the interests of jobs. Last weekend the IMF warned that, given the depth of the crisis, avoiding or postponing action is not a viable option. Further, the Chairman of the Federal Reserve, Ben Bernanke, warned that failing to act would be more costly in the end. He said:

We are better off moving aggressively today to solve our economic problems …

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