austerity

A century or so in political time has passed since 2014's Conservative Political Action Conference, but there were two speeches given over the course of that weekend that are perhaps worth remembering today. One was an immigrant-bashing midday address delivered by Donald J. Trump, then a ...

Although it wasn't the only undercurrent in 2017, one of Theresa May's mistakes was trying to make the reduction in public spending more “fair” by making the future burden of austerity more equal across the age distribution, by cutting back on some of the state spending on the retired. This backfired, as ...

It's worth saying that out loud and repeating it to ourselves and others, because today's Powers That Be (economic, political and media) are wrongly forcing a regime of austerity on our nation. They're insisting that we hoi polloi must downsize our middle-class dreams, claiming that America no longer has ...

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With Syriza, the 'radical left' party, doing the dirty job of austerity, hope was killed, depoliticisation and demoralisation exploded.” Nothing threatens a people more than the sense that there is no alternative to a path to oblivion. Our quiet desperation has lasted long enough. This is why we are now coming to ...

Half of Greece's private sector employees (50.2 percent) earned less than 800 euros a month in 2017, according to a survey conducted by INE/GSEE, the country's largest trade union. Although the austerity measures introduced eight years ago to deal with the debt crisis have affected most Greeks, private ...

Puducherry Lt Governor Kiran Bedi today stressed the need for austerity measures to reduce the debt burden of the territorial government. Presenting her customary address on the opening day of the Union Territory Assembly here, she said, “Puducherry is now facing financial constraints due to servicing of ...

Three years after leaving Greece's government over its agreement to accept a third international bailout, Varoufakis is again challenging the austerity politics of the European Union (EU), the European Central Bank and the International Monetary Fund. “They're not interested in Greece's recovery or even ...

Last month, when the two-year budget deal was announced, NPQ noted that the main takeaway was that the “era of federal austerity [had] been severely interrupted, if not ended entirely.” We added that “many nonprofits will welcome the unexpected funding boost, even if that boost is primarily a result of ...

With the new agreement with the federal government, initial expectations were that Baghdad would pay KRG civil servant salaries in full and not the reduced wages of the austerity measures, beginning with the health and education sectors. The first payment however, was distributed among all sectors and ...

"Detroit along with colonized Puerto Rico has been at the epicenter of bank-imposed austerity against the workers and oppressed in this hemisphere," a release for the event says. "We will hammer out a program on how to fight back against the war by the corporations, the banks, and their lackeys in ...

Perhaps the greatest problem for the Tories where education is concerned is that even if direct funding is bolstered, schools still end up on the frontline of austerity. Children suffer when other local authority services disappear. Benefit cuts and the imposition of capricious sanctions on parents hit many of the ...

'Cuts will further disadvantage people with disabilities, certain ethnic groups, women and lone parents.' Photograph: Dan Atkin/Alamy. On Tuesday, the chancellor announced that the government's debt would start to fall relative to GDP – a target originally set by George Osborne in 2010. Back then, the ...

But given the mounting evidence that shows austerity is bad for the economy, growing public dissatisfaction, weakened levels of investment as well as the rising human costs – what is he waiting for? The truth is he's not waiting; he's trying to hoodwink us. There is no light at the end of the tunnel because ...

There are few thinktanks and significant figures who influenced the debate at the time who still agree that austerity was the right medicine. The Paris-based Organisation for Economic Co-operation and Development and the International Monetary Fund were cheerleaders for austerity in 2010. Both later ...

Rising debt and austerity measures, combined with volatile and rising oil prices forced energy prices to swell long before the hurricane. In fact, in 2014, residential electricity prices in Puerto Rico were 2.1 times higher than average prices in the United States; worse, industrial energy prices were a ...

WHEN SO MUCH is scarce, there are only, as Karen Van Dyck writes in her introduction to Austerity Measures: The New Greek Poetry, “new ways to imagine what can be radically different realities.” This anthology gathers an eruption of voices emerging from Greece in the last decade — where, amid ...