Austerity measures have lead to worldwide massive protests and worsening debt.
In Europe, we have:
http://en.wikipedia.org/...
http://edition.cnn.com/...
and now today:
http://www.usatoday.com/...
Meanwhile, here in the US there are those on both the left and right that believe austerity is a solution:
http://campaignstops.blogs.nytimes.com/...
This is not only a debate between the left and the right; it is also a debate that pits the two wings of the Democratic party against each other, the center against the left. At one end of the intraparty spectrum lie those Democrats who consider debt reduction a matter of key importance; at the other end are those who consider a focus on the debt ill-advised, a result of faulty analysis.
Well, I guess you can figure out which side of that one I fall on : )
How many governments have to fall before we decide that austerity isn't a solution, it only adds fuel to a raging fire? How many lives will we make worse before we change tactics?
Who are these "center left" Democrats who believe austerity will work? We need to start shaming them immediately.
