Austerity - trickle down cruelty

2012 - Volume 15 Number 2

As several countries try to pay off huge public debt due to the financial crisis and apply spending cuts - voices of caution say this is ‘a dangerous idea’ because this response indicates there is one set of rules for rich countries and another for poor countries. 

The financial ship has been taken into dangerous waters by those at the top and they do not suffer from austerity budgets. We need to listen to those who have suffered from these budgets: children who only get one chance at an education; the sick and disabled unable to support themselves; and seniors too old to work. 

This war on the majority of people intensifies as the global business class’ call for austerity ‘hides processes of the uneven distribution of risk and vulnerability.’ 

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