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Will Kevin Rudd initiate another stimulus package before the end of February?

Settled as Yes

Announcement was made at approximately 8:00 CST, Feb. 2
$42 billion to kickstart economy


The Federal Government has unveiled a second stimulus package worth $42 billion in an attempt to stave off a deep economic recession.

The latest stimulus package - Nation Building and Jobs plan - will invest $28.8 billion in schools, housing and roads, and handout $12.7 billion in payments to low- and middle-income earners, while aiming to support 90,000 jobs during the next two years.


http://www.theaustralian.news.com.au/story/0,25197,25002074-12377,00.html

Background:

Background: Independant surveys say that the governments first stimulus package wasn't effective and that the another should be created.

Settlement details:As reported by a major mainstream news source.

 
Forecast history %
Yes
76%
No
24%
Settled as Yes on Tue 3rd Feb 2009 3:59am PST

Suspend date: Sun 1st Mar 2009 1:59am PST
Settlement date: Tue 3rd Feb 2009 3:59am PST
Prediction cut-off: Predictions on this question after Mon 2nd Feb 2009 6pm PST have been voided because they were made after the question could be settled

Initial likelihoods: Yes: 75%

Action history:

Created Sat 24th Jan 2009 7:13pm PST by eric_smith
Suspended Tue 27th Jan 2009 2:49pm PST by tisha[Admin]: checking settlement information
Unsuspended Tue 27th Jan 2009 2:51pm PST by tisha[Admin]
Suspended Mon 2nd Feb 2009 6:26pm PST by tisha[Admin]: checking settlement info
Settlement requested Mon 2nd Feb 2009 7:53pm PST by tisha[Admin]: Package announced about 2 hours ago http://www.theaustralian.news.com.au/story/0,25197,25002074-12377,00.html
Settled as 'Yes' Tue 3rd Feb 2009 3:59am PST by bayoubear[Admin]: Announcement was made at approximately 8:00 CST, Feb. 2
$42 billion to kickstart economy


The Federal Government has unveiled a second stimulus package worth $42 billion in an attempt to stave off a deep economic recession.

The latest stimulus package - Nation Building and Jobs plan - will invest $28.8 billion in schools, housing and roads, and handout $12.7 billion in payments to low- and middle-income earners, while aiming to support 90,000 jobs during the next two years.


http://www.theaustralian.news.com.au/story/0,25197,25002074-12377,00.html

Suspend date: Sun 1st Mar 2009 1:59am PST
Settlement date: Tue 3rd Feb 2009 3:59am PST
Prediction cut-off: Predictions on this question after Mon 2nd Feb 2009 6pm PST have been voided because they were made after the question could be settled details

 

Predictions (9)

1 year ago
gonegonegone predicted Yes (H$100 at 76%)
1 year ago
growthy predicted No (H$100 at 24%)
1 year ago
australiavotes predicted Yes (H$1,500 at 76%)
1 year ago
dingoh predicted Yes (H$100 at 75%)
1 year ago
filanator predicted Yes (H$59 at 74%)

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