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Austerity isn't about government spending, it's about shifting government spending away from the poor and disenfranchised. Politicians preaching austerity rarel
by pkinsky 13y ago
Austerity isn't about government spending, it's about shifting government spending away from the poor and disenfranchised. Politicians preaching austerity rarely mention defense budgets, corporate tax loopholes, or the cost of incarceration, but they often rant against entitlement and moochers.
- deleted 13y ago[deleted]
- deleted 13y ago[deleted]
- brc 13y agoWell, then call it 'inequitable distribution of cuts', or soemthing else. The idea behind reducing and reversing the growth in public spending is to allow private investment to grow more than the government. This UK policy doesn't seem to fit that description at all. It seems to me there is a concerted effort to make austerity an unspeakable word, for reasons that have very little to do with macroeconomics.