1.   He defended switching to a policy of lower interest rates and higher government spending to revive the economy.

2.   He subsequently hiked government spending to revive mothballed public works projects and sinking companies.

3.   Instead, it imposed sweeping capital controls, pegged its currency to the U.S. dollar and hiked government spending to revive comatose public works projects and sinking companies.

4.   The Bush administration, meanwhile, is pushing Congress to pass this year a package of tax cuts and increased government spending to revive the economy.