Wednesday, November 30, 2011

Pushback in UK against austerity

Many schools and hospitals closed as workers take to the streets in protest against changes to their pensions.
Read the rest at Al Jazeera (with video)
Huge public-sector strike hits the UK

Difficult to marginalize these folks as DFH's.

Things are pretty much on schedule in the UK as MMT'er predicted upon election of the Cameron government. "Expansionary fiscal austerity" is an oxymoron. The deficit is ballooning in spite of austerity, as MMT foresaw.

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