Austerity- Poverty Problems: Brits turn to food banks amid austerity & economic downturn

Austerity Discredited, Not Defeated. Time to Fight for Jobs and Growth.
Huffington Post
For four long years after the recession officially ended, conservative austerity policies have sabotaged America‘s economic recovery, condemning millions of Americans to unemployment and poverty. And in Europe, the same policy regime of spending cuts …
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Poverty Problems: Brits turn to food banks amid austerity & economic downturn

RT

Increasing numbers of Britons are heading to food banks to satisfy their hunger. But the Work and Pensions minister claims half-a-million UK people just want to have their bellies filled for free, and denies a link between the rise in food banks and …See all stories on this topic »

Portugal disabled by euro straitjacket

Financial Times
Sadly, Portugal’s disappointing economic growth experience with budget austerity and economic reform within a euro straitjacket has been shared by the rest of the European economic periphery. Indeed, even in Ireland, the poster child for the …
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Taxpayers oblivious to the cost of farm subsidies

Globe and Mail
They preach government austerity, then hand out $50,000-plus bonuses to deputy ministers. They talk about openness but practise secrecy. And they tout Senate reform while tolerating entitlement. It also turns out the Conservatives haven’t been …
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Should US take lessons from Germany on fiscal austerity? Economic Times Keynesian stimulus proponents argued that temporary tax cuts and additional government spending would bolster hiring. Austerity advocates countered that additional government spending would merely displace private spending and that we already had too … See all stories on this topic »

11 Signs That Italy Is Descending Into A Full-Blown Economic Depression Men’s News Daily Harsh austerity measures are causing the Italian economy to slow down even more than it was previously. And yet even with all of the austerity measures, the Italian government just continues to rack up even more debt. This is the exact same path that … See all stories on this topic »

 

Portugal’s crisis shows that our problems haven’t gone away
Irish Independent
A second conclusion is that, while the Irish edifice may not be solid brick, it is of durable construction. Not a lot of people seem to know this, but the Irish austerity programme was less severe than that imposed on Greece and Portugal. In addition …
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