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7-6-15 Nicole Sandler Show – F&*k Austerity!

6 July, 2015




That’s what the people of Greece said, resoundingly, yesterday: Fuck Austerity! If you’re like me, the topic of economics makes your eyes roll back in your head. The simpler the explanation, the better for me. So I was thrilled to find an article entitled “The Absolute Moron’s Guide to the Greek Debt Crisis.”

…lenders told Greece that they had to implement austerity measures, or tax increases and steep budget cuts. This involved reducing wages, pensions, and spending on social services. Time helpfully crunched the numbers to explain the Greek austerity measures to Americans. If the same cuts were imposed in…

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