Truthout
Austerity

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Local Fights Against Austerity Are Growing Across the US
You cannot lift up a nation's economy while slashing away at its consumers' pocketbooks.

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Chained CPI Is a Real Cut
Chicago activists delivered a petition from Illinois residents who prefer cutting the Petagon budget to Social Security.

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Hang Together or Hang Separately: The Battle Against Austerity
The piecemeal fight against shrink-the-government policies is unworkable; we need comprehensive solutions.

On the News With Thom Hartmann: Banksters Are Violating Their $25 Billion Settlement
Five major US Banks are violating a a $25 billion settlement from last year that was meant to compensate victims of abusive bank practices and foreclosure fraud.

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Liberal America, Wake Up!
The hollow symbolism of America's first black president is no replacement for real substance.

Iceland’s Future Depends on the Contours of the Coalition
The parties most responsible for Iceland's economic collapse won a majority of seats in parliamentary elections.

Global May Day Protests Against Austerity and Deaths of Bangladeshi Workers
May Day marches in major cities around the world demand an end to austerity policies and support of workers' rights.

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The German Establishment’s Imposition of Austerity on Spain Recapitulates Fascist History
Spain's relationship with Germany had already damaged its political economy before the latest crisis, argues Navarro. The present-day imposition of austerity enforced by Eurozone authorities recalls and restores historic …

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This May Day in Berlin: 7,000 Imported Police, With Marching Routes Exposed
This year, the city government brought in an estimated 7,000 auxiliary officials from across Germany to aid in controlling the May Day protests.

Does Public Debt Restrict Growth?
Joseph Minarik and Bob Pollin debate recent PERI report that debunked economic theory that supported austerity policies