Coronavirus pandemic is ‘not the GFC’, economists warn | The Drum

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Last week, Treasurer Josh Frydenberg unveiled the biggest budget deficit since World War II.

His announcement made clear that the government was going to work at getting the high rate of unemployment under control.

So, how do we do it? The Drum spoke to former government advisers, Tax Commissioners and economists for their view.

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In This Story: World War II

World War II or the Second World War, often abbreviated as WWII or WW2, was a global war that lasted from 1939 to 1945. It involved the vast majority of the world’s countries—including all of the great powers—forming two opposing military alliances: the Allies and the Axis powers.

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