The stimulus versus austerity debate has become much more heated since last month's summit of the Group of 20 industrialised and developing nations. Political polarisation in industrialised countries has fuelled a resurgence of fiscal conservatism. On the other side, with growth weakening as the effect of stimulus wears off and with high unemployment, there are calls for more stimulus. Academics on each side are lambasting the opposing arguments as voodoo economics.
自上月召開20國集團(G20)峰會以來，有關刺激還是緊縮的辯論日趨白熱化。各工業國國內的政治兩極分化，促使財政保守主義再度抬頭。與之相對的是，隨著刺激政策的影響逐漸消退，增長開始乏力，加之失業率高企，加大刺激的呼聲也日漸高漲。兩派的學者們都痛斥對方的主張為“巫術經濟學”。
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