Difference between revisions of "Austerity"

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'''Austerity''' is a set of political-economic policies that aim to reduce government budget deficits through spending cuts, tax increases, or a combination of both.<ref>''[http://lexicon.ft.com/Term?term=austerity-measure "Austerity measure"]''</ref>
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==Official narrative==
 
==Official narrative==
Belt tightening is necessary for the many...
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[[image:lights out austerity.jpg|right|300px]]
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Austerity measures are generally explained as measures used by governments as a result of the need to pay down the "[[national debt]]".<ref>''[http://www.guardian.co.uk/business/2010/jun/11/europe-deficit-crisis-austerity-budgets "Austerity Europe: who faces the cuts"]''</ref> The measures are meant to reduce the budget deficit by bringing government revenues closer to expenditures, which is assumed to make the payment of debt easier. Austerity measures also demonstrate a government's fiscal discipline to creditors and credit rating agencies.<ref>''[https://www.forbes.com/2010/07/26/government-spending-taxes-opinions-columnists-brian-wesbury-robert-stein.html "Government Austerity: The Good, Bad And Ugly"]''</ref>
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==Concerns==
 
==Concerns==
 
...to preserve the profits of the few.<ref>http://www.unwelcomeguests.net/696</ref>
 
...to preserve the profits of the few.<ref>http://www.unwelcomeguests.net/696</ref>
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==References==
 
==References==
 
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Latest revision as of 19:36, 9 November 2021

Concept.png Austerity 
(Neoliberalism)Rdf-entity.pngRdf-icon.png
Austerity.jpg
Interest of• Kerry-anne Mendoza
• Wolfgang Streeck
A meme with tenuous connection to the real world which is typically used by rich politicians in an effort to encourage the majority, poor, populations of their country to accept hardship and deprivation.

Austerity is a set of political-economic policies that aim to reduce government budget deficits through spending cuts, tax increases, or a combination of both.[1]

Official narrative

Lights out austerity.jpg

Austerity measures are generally explained as measures used by governments as a result of the need to pay down the "national debt".[2] The measures are meant to reduce the budget deficit by bringing government revenues closer to expenditures, which is assumed to make the payment of debt easier. Austerity measures also demonstrate a government's fiscal discipline to creditors and credit rating agencies.[3]

Concerns

...to preserve the profits of the few.[4]


 

Related Quotation

PageQuoteAuthor
George Carlin“Governments don’t want well-informed, well-educated people capable of critical thinking. They're not interested in that... that doesn't help them. That’s against their interests. They don't want people who are smart enough to sit around a kitchen table and think about how badly they are getting fucked by a system that threw them overboard 30 fuckin' years ago. They don't want that. You know what they want?... They want obedient workers, obedient workers. People who are just smart enough to run the machines and do the paperwork and just dumb enough to passively accept all these increasingly shittier jobs with the lower pay, the longer hours, the reduced benefits, the end of overtime and the vanishing pension that disappears the minute you go to collect it.”George Carlin

 

Related Documents

TitleTypePublication dateAuthor(s)Description
Document:15 times when Jeremy Corbyn was on the right side of historyArticle29 July 2015Paul Simpson"The important thing is how we bring about peace, not posturing. You do not bring about peace in any part of the world without talking to people you don't agree with." (#SundayPolitics, 19 July 2015)
Document:Austerity Fascism is Comingwebpage8 June 2010Paul Joseph Watson
Document:Boris Johnson in Downing Street for five years: what could possibly go wrong?Article30 December 2019John S WarrenAll the cards are held by Boris Johnson because he has the answer to all the problems facing Britain. Save, perhaps, one: what could possibly go wrong for the Conservative-Brexit Government?
Document:The Demonization of Jeremy CorbynArticle10 December 2019Tony McKennaNotwithstanding, Corbyn was transfigured by a rabid establishment into successive manifestations of the purest evil: he was a terrorist sympathiser; a threat to national security; a communist spy; a misogynist; and, a dyed-in-the-wool anti-Semite.
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References