Kates wrong again

I am going to take a blog break.
My second last article is showing hoe Kates is wrong again.
HERE he alleges stimulus spending is no good..
Please note he alleges there was a slowdown at the time. at other times he has actually used the word recession.
Let us start at March 1995 and go through to December 1996. What occurred to GDP.
2.0, 2.1, 3.6, 2.7,4.4, 4.3, 3.3,4.1

That some slowdown. How about the slashing of spending. It was reduced by a mere 0.5% of GDP. Swan cut spending in NOMINAL terms
A shame about the facts and naturally no-one picked him up about it.
Whoopsy I forgot two important things here.
First Costello actually gave back most of his cuts in the next few budgets.
Secondly the budget coming back into balance came about exactly when the last Willis budget projected it to be so.
Perhaps I should also add debt was cut not by surpluses but be asset sales Telstra being the main one of course.

I could even say the only countries that adopted Kates madness in terms of fiscal policy got themselves a depression ) a reduction in output of 10% or more).
Katesy has himself a great record.

Meanwhile the Kouk helps us out in terms  of stimulus.