Austerity

Lauren McCauley, staff writer
States with higher poverty levels, and thus a higher percentage of residents receiving Medicaid and a lower number of individuals paying income taxes, need more federal help. (Photo: 401K2012/cc/flickr)
Governments of Republican-leaning states are seemingly always banging the drum of austerity : decreasing corporate taxes, slashing spending, and cutting programs. But red states' ideology and their preferences at the voting booth are not reflected in their state budgets, as a new study found that those locales are the greatest beneficiaries of...
Deirdre Fulton, staff writer
Seeking to replace France's increasingly unpopular President François Hollande...
Deirdre Fulton, staff writer
Economic Policy Institute report on Republicans, austerity, and Great Recession
Fiscal austerity in the wake of the Great Recession—imposed by Republicans on...

Further

Calling on "all citizens, with or without party, with or without a job, with or without hope," a coalition of groups across Europe plan a June 1 demonstration, People United Against The Troika!, to protest austerity measures imposed by the troika of all-powerful financial institutions that have led to unemployment, foreclosures, social inequity and cuts in health care and education, all in the name of a debt crisis that "once again privatizes profits and socializes losses, while demanding...