David Cameron’s Surprise: Permanent Austerity

[marmar]

via truthdig:


David Cameron’s Surprise: Permanent Austerity
Posted on Nov 11, 2013


Back in 2010, the British PM began slashing the country’s budget on the promise that temporary cuts were necessary to reduce the deficit and right the economy. Another recession soon followed.

At the time, Cameron said the cuts would be temporary, but Monday he announced, “We need to do more with less. Not just now, but permanently.”

Cameron said the government could provide better services with less money. Whether or not that’s true—and common sense has a say in the matter—it’s a diversion from the inevitable question of whether or not he was lying—as some predicted —when he said cuts would be temporary.

Britain got the austerity craze rolling in Europe and Germany has continued to push the idea all around the continent, despite clear evidence that it doesn’t work. As William Pfaff noted, “Keynesianism was murdered in the U.S.A. by a conspiracy called the Washington Consensus.” ........................(more)

The complete piece is at: http://www.truthdig.com/eartotheground/item/david_camerons_surprise_permanent_austerity_20131111

[djean111]

1. Like sequestration won't be permanent here - except, of course, for some pet contributors and the

MIC.
What a surprise.

[n2doc]

2. You should include the pic of him giving the news….

says it all...

[tina tron]

4. Talk about gilded age.

and why is there still a peerage system, nobility and royalty anywhere in the world? Think I'll dress up and call myself a pirate.

[dickthegrouch]

5. That's exactly the way they view the 99%

As pirates stealing their money through taxation.

I wonder where they'll find their slaves when the entire poor and middle classes start refusing to do the work unless we are paid living wages, and given some form of guarantee that we'll not have to drop dead at work at 90 years old to be able to feed ourselves.

[L0oniX]

6. Caption: Let them eat cake.

[leftstreet]

3. DURec

[Prophet 451]

7. There are no words for how much I hate this shitler

Where's Guy Fawkes when you need him?

[woo me with science]

8. Here, too. We are being scammed and looted. nt