Austerity, By Any Other Name, Is Still Austerity
Posted February 25, 2013 at 10:20 am, in Free Speech Zone
Austerity, by any other name, is still austerity.
Austerity has bound much of Europe in its iron-fisted grasp. The working families of Greece are suffering grievously losing jobs, social benefits, family savings and wealth but fighting back as best they can in the streets.
When I was in Britain, the fear and the talk was all about losing the National Health Service. The Conservative Government has already contracted out some functions to private vendors. Twenty-thousand British workers turned out to protest the closing of ONE local hospital. Spain is facing austerity measures. Much of the demands for austerity come from the conservative leaders of Germany.
Only an NDP (New Democratic Party) victory in Canada will prevent austerity measures in that country. One of the reasons I am so excited about the elections this spring in Canada is that the Canadian people can stop the austerity train rolling around the world.
In the USA, we don’t call austerity, austerity. In America, austerity goes by other names. Right now the threat is sequestration, a self-imposed crisis that will force huge indiscriminate cuts across the federal budget if radical right-wing Republicans continue to refuse to bargain with President Obama about a balanced plan that will raise revenues and not force us into a deeper economic crisis. At this point, words like recession and depression have lost their meaning for average Americans. Though the economists deny it, we still suffer the recession-depression left to us by Bush and his buds on Wall Street. And that same crowd still demands that average Americans pay for their monumental greed and childish recklessness. (more…)







