austerity cuts

Who Benefits from Austerity?

January 26, 2014
John Weeks: The UK announces tens of billions of dollars of cuts to social programs despite a poor economic recovery

Austerity and the Death of Logic

March 12, 2013

Bill Black: Both the GOP and the White House refuse to support a bill that ends the sequester, it shows the real intention of the Obama administration

Protests In Spain

September 18, 2012
Spain’s struggling public sector workers and the unemployed converged on Spain’s capitol to denounce their governments decision to implement deeper spending cuts. Prime Minister Mariano Rajoy announced last month an additional $85 billon more in austerity measures, accompanied with higher taxes, and possibly request more bailout funds. As a result, Spaniards are turning to more…