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2016 Postmortem
In reply to the discussion: Redistributing Wealth [View all]Octafish
(55,745 posts)16. To make sure we don't catch on, the elite give us AUSTERITY.
WHO BENEFITS FROM HARSH GOVERNMENT AUSTERITY?
By Amit Singh -
Consented, Dec. 14, 2015
EXCERPT...
Since 2009 the richest 1000 families in Britain have doubled their net worth whilst the poorest 20% are now 57% worse off. The vast majority are suffering because of austerity economics and the gap between rich and poor has only increased during this period.
Despite successive British governments claiming to be advocates of free-market economic principles they opted to bail out the banks with £500 billion of taxpayers money. The legacy of this bailout has been that everyone else has had to tighten their purse strings whilst the government cut key public services hitting the poorest the hardest.
Fast forward seven years and the most vulnerable in society are still being targeted by austerity. Since 2010, for instance, over 30 domestic violence centres have been closed because of cuts to local councils.
Austerity has meant that now more than one million people in the UK have been forced to use food banks. Cuts are hitting people so hard that they cannot afford to eat whilst the government looks on and continues to chop away at public spending. This is a direct consequence of austerity as in 2008-09 there were only 29 Trussell Trust food banks but by 2014-15 this number had increased to 445 to service that austerity driven demand.
The lack of humanity for this economic ideology was demonstrated when in 2013 Mark Wood starved to death having had his benefits cut after a fitness for work assessment deemed him fit enough to seek employment.
CONTINUED...
http://www.consented.co.uk/read/who-benefits-from-harsh-government-austerity/
By Amit Singh -
Consented, Dec. 14, 2015
EXCERPT...
Since 2009 the richest 1000 families in Britain have doubled their net worth whilst the poorest 20% are now 57% worse off. The vast majority are suffering because of austerity economics and the gap between rich and poor has only increased during this period.
Despite successive British governments claiming to be advocates of free-market economic principles they opted to bail out the banks with £500 billion of taxpayers money. The legacy of this bailout has been that everyone else has had to tighten their purse strings whilst the government cut key public services hitting the poorest the hardest.
Fast forward seven years and the most vulnerable in society are still being targeted by austerity. Since 2010, for instance, over 30 domestic violence centres have been closed because of cuts to local councils.
Austerity has meant that now more than one million people in the UK have been forced to use food banks. Cuts are hitting people so hard that they cannot afford to eat whilst the government looks on and continues to chop away at public spending. This is a direct consequence of austerity as in 2008-09 there were only 29 Trussell Trust food banks but by 2014-15 this number had increased to 445 to service that austerity driven demand.
The lack of humanity for this economic ideology was demonstrated when in 2013 Mark Wood starved to death having had his benefits cut after a fitness for work assessment deemed him fit enough to seek employment.
CONTINUED...
http://www.consented.co.uk/read/who-benefits-from-harsh-government-austerity/
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They run for President so they can influence our economy for their heirs and their friends.
insta8er
May 2016
#1
A wealth distribution where middle, working, poor, young, and elder demographics
PufPuf23
May 2016
#5
Yes. Their argument is that everyone benefits from free trade but in practice that is not the case.
PufPuf23
May 2016
#28
Not only did they pocket most of the wealth made in the last few decades they've
rhett o rick
May 2016
#7
It has to be non-violent. The Oligarchy would love an excuse to remove more of our rights and
rhett o rick
May 2016
#13
Violent revolutions might succeed in changing the leadership but usually the results
rhett o rick
May 2016
#20
I am guessing that is about as deep as you go. I picture you with fingers in your ears,
rhett o rick
May 2016
#50
"PS: If the Congress and Bush and Obama administrations had followed Bernie Sanders' lead, the
rhett o rick
May 2016
#47
Jerry Jones, owner of the Dallas Cowboys, a man who made it big in the oil biddniss.
Octafish
May 2016
#27
I am sure that your graph is too complicated for those that support the Wealthy.
rhett o rick
May 2016
#48
When you can print your own money, assign your own value and merit to it,
felix_numinous
May 2016
#17
I hope the Rockefellers appreciate DU running interference for them. n/t
lumberjack_jeff
May 2016
#34
And apparently all those Hillary supporters want the rich to get richer at THEIR expense.
pdsimdars
May 2016
#43
I think you give them too much credit. They are not fighting for anything and that's the problem.
rhett o rick
May 2016
#49
Wikileaks vs. the Empire: the Revolutionary Act of Telling the Truth (John Pilger)
Octafish
May 2016
#52
The comfort of the rich relies on an abundant supply of the poor. Voltaire
Tierra_y_Libertad
May 2016
#53