Spoonz Red E
Very well known Exeweb poster
It wasn't just the austerity.Austerity was the easy, unimaginative way to deal with the economic crisis. The problem with austerity is that it crushes people's hopes and squeezes the economy.
It pushes people and the economy further into a corner.
Clearly increasing taxes on the rich was one solution. Increased job training for the! unemployed and support for start-up small businesses would have helped. Companies who had s certain number of employees should have been obligated to hire one extra employee. I'm sure there were other more creative ideas, but the Govt was lazy
and just hit the austerity button. Shameful.
It was the disingenuousness (we're all in it together) false piety (as a government we have to make tough decisions) and the economic claptrap (ignoring the power of government investment, comparing the debt to an individual's credit card, casting debt as a ruinous cancer whilst - due to housing strategy - forcing heavy, unnecessary debt on people who then have to use much of their evermore insecure working income to service said debt).
Last edited: