Austerity is a bad thing. As I’ve pointed out before, when an economy is suffering from lower demand, the last thing you want to do is squeeze the pocketbooks of the very people who you want to have out there spending money. But, here’s another thing: it makes you sick. Literally.
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Jonathan Tasini's Ruminations on Work, The Economy, and PoliticsTag Archive | "Greece"
Austerity Hurts The Mind and The Body
Posted on 22 August 2012.
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BREAKING Greeks General Strike Against Austerity. We Need The Same
Posted on 06 October 2011.
Greeks have taken a big part of the brunt in Europe because of the preying on its country by banks and international institutions. Essentially, the failed strategy has been all about AUSTERITY: shrink the economy even more in return for not…plunging the economy even deeper. The people in Greece have had enough–and they’ve […]
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Didn’t We Learn From The Greeks Once?
Posted on 29 June 2011.
So, I remember from history books the great lessons learned from the Greeks, starting with democracy, no? Time to follow them again: Greeks walked off the job for 48 hours on Tuesday, a day before Parliament is to vote on unpopular austerity measures that are deemed critical to unlocking international financial support. After […]
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