Governments are spending at unprecedented levels. Where does this money come from, and are governments saddling young people with too much debt?
A social housing stimulus investment program would better facilitate the recovery of lives and livelihoods’ after the pandemic.
We'll need to spend at least an extra 15-20 per cent of GDP per year. It'll be more palatable if it is funded by COVID bonds.
If the 1991 recession is the ‘recession we had to have’ then 2020 is the economic slowdown we had to engineer.
