PolicyEconomyLetters to the EditorPrint articleLetters to the EditorRBA on the right trackNov 25, 2024 – 4.40pmSaveLog in or Subscribe to save articleShareCopy linkCopiedEmailLinkedInTwitterFacebookCopy linkCopiedShare via...Gift this article NewSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? LoginKey PointsWe are always interested to hear your views on current topics.Guidelines for how to write a letter to the editor are here. Please send your letter to edletters@afr.com.auSteven Hamilton takes issue with Treasury Secretary Steven Kennedy on three points (“Labor should have fought inflation like it did the GFC”).Firstly, he disagrees that fiscal policy has done anything to moderate demand pressures, citing spending figures. But fiscal policy can also affect demand through the revenue side. The budget has been in surplus for two years.Loading...SaveLog in or Subscribe to save articleShareCopy linkCopiedEmailLinkedInTwitterFacebookCopy linkCopiedShare via...Gift this article NewSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? LoginLicense articleIntroducing your NewsfeedFollow the topics, people and companies that matter to you.Find out moreRead MoreLetters to the EditorOpinionRBAInflationAlexander DownerBenjamin NetanyahuSupermarketsLatest In EconomyFetching latest articlesMost Viewed In Policy