Why does Ross Gittens insist we should know the recent downturn as a recession? Why was it not a recession, looking at the figures he presents could you argue that he is wrong to be so insistent? What factors does he suggest were so important in ensuring employment didn't drop as hard as it might have at another time in Australia's history?
www.smh.com.au/business/why-people-kept-jobs-in-this-recession/20100326-r34s.html - March 27 Sydney Morning Herald.
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