It seems that around the world every developed country's government (including our own) has adopted a Keynesian style solution to the problem of this global recession, ie spend big (aka fiscal stimulus). Of course the inherent problem with spending big is that you need money to pay for it and unfortunately for Australia and most other developed countries, we are all going to be issuing unprecedented amounts of new government bonds all at the same time in a period where money is already hard to come by. My point is simply that Australia is looking to get finance to the tune of $200B over the next 5 years, but I'd bet my bottom dollar that it won't come cheap. Therefore Keynes's idea that government can spend up big to pull a country out of a recession doesn't work so well when the entire world is trying to do the same thing at the same time. If this sort of scenario does eventuate as we go forward I hope the Australian government is willing to bite the bullet and start to make some tougher policy decisions about where future government spending will be directed, and we start focusing on allocating what resource we do have towards sectors that are going to actually stimulate this country out of recession rather than score political points.