#Austerity

2025-06-17

“Voters are angry that Keir Starmer has failed to deliver the change he promised. The cost of living is rising, child poverty is soaring, the UK economy has been downgraded, public finances are in a worse state than when the #Labour Party came to office, and families are feeling the pinch as Labour Party #austerity cuts squeeze household incomes.”

#UKPol

thenational.scot/news/25246472

Lazarou Monkey Terror 🚀💙🌈Lazarou
2025-06-12

ooo a 'pledge' from a Government minister!

I'll put that right next to my Trump memcoin and Russian offers of Peace.....

Ministers to offer olive branch on
welfare plans to avert Labour rebellion
Exclusive: Liz Kendall pledges sick and disabled people will

be protected but MPs are pushing for more substantial

changes to bill
2025-06-12

"NEW analysis by the Congressional Budget Office shows the "One Big Beautiful Bill":

1.) Makes the bottom 30% worse off

2.) Finances tax cuts that make the top 10% in particular better off.

🚨This is not shared sacrifice--it's a fiscal transfer from the bottom to the top."
-B Duke
#Bill #Budget #CBO #TaxTheRich #Austerity #Trumpcession #USPol
cbo.gov/system/files/2025-06/6

A bar graph illustrating the average annual change in household resources as a percentage of current law income after transfers and taxes for different household income groups from 2026 to 2034. The x-axis represents household income groups, ranging from the lowest to the…
2025-06-11

Rachel Reeves's £200bn spending review looks like a turning point—real investment in public services, transport, and energy.

But scratch the surface and you’ll find the same old neoliberal logic at work: private profits, public risk.

Here’s our breakdown.

#RachelReeves #SpendingReview #UKPolitics #KeynesianEconomics #Austerity
voxpoliticalonline.com/?p=9855

(note to self: first spend, then save)
The #neoliberal unhinged #austerity approach is almost always an attack on public sector under the guise of #fiscal responsibility …

The bitter fact is that the Italian people are paying the price for the #austerity imposed by the #Troika in the form of #underemployment and support for radical right-wing parties.

2025-06-10

"This will be one of the tightest spending reviews in modern times, outside of the #austerity period of the early 2010s."

"The problem with talk of 'a decade of national renewal' is so much of this stuff is long term, so we could get half way through the decade and then lose the election."

#UKPol #Labour #SpendingReview

bbc.co.uk/news/articles/c9q0rd

2025-06-10

Wow, pretty soon you're talking pipelines money No wonder we have a poverty and housing crisis in Canada #cdnpoli ( #austerity for everything but fossil fuel projects & weapons)

RE: https://bsky.app/profile/did:plc:znzm74bvyf5igbc2pue3hbqn/post/3lrbnec53w22o

When you zoom in on a local issue, you often see a bigger picture. A sneak peek at #austerity on a local level👇🏾 🇧🇪 In Dendermonde, Belgium, the city plans to outsource cleaning, childcare & catering. The mayor says it will “save money” – without clear evidence. Just a political decision. Read the 🧵

Dendermonde bespaart ruim 2 mi...

2025-06-09

"The last year has become a cautionary tale: ministers elected to repudiate Tory #austerity are now seen to be replicating it – and voters have noticed, with #Labour’s poll numbers sliding as a result."

#UKPol

theguardian.com/commentisfree/

2025-06-09

"An independent evaluation of who gets what from the Republican tax bill just dropped, and wow.

This chart shows only the🚨tax cut side of things, and they only find the rich. The💔 spending cuts, which are separate, somehow only find the poor."
-J Wolfers

#Bill #Budget #TaxTheRich #Austerity #Trumpcession #Repubicans #USPol

Bar graph comparing total tax cuts for the richest 0.1% and the poorest 40% in the United States for the years 2027, 2029, 2031, and 2033. The richest 0.1…
Christopher Miller 🇺🇦C_Miller@mastodon.world
2025-06-09

Welcome to austerity ravaged Britain...

We desperately need a wealth tax on those with more than £10M of assets to fund the broken system.

Couple ‘steal back’ their own car after police didn’t know when they could investigate:
independent.co.uk/news/uk/crim

#News #Newstodon #NewTooter #UKPol #UKPolitics #Austerity #PoliceFunding #Police #Chiswick #London

2025-06-09

The budget cuts will hit this KY Congr Dist hard, but their R Rep voted for the #BIll. The author reveals rural disillusionment, but residents are unwilling to dump Trump, & some feel it may be their plight.

">40% of the ppl rely on Medicaid & many will lose their benefits with the bill. These ppl🚨will suffer if #Medicaid & #SNAP are cut but they'll support Trump no matter what since he's their savior who's done absolutely nothing for them."
-C Tiff
#Austerity #USPol
nytimes.com/2025/06/09/opinion

A highlighted excerpt discussing political views on Medicaid and tariffs, mentioning the resilience of Appalachians and the potential economic impact of proposed policies.A text excerpt discusses the sentiments of Rob Musick regarding the perception of Democrats in rural areas, emphasizing a lack of community engagement and the negative impact of social isolation. It highlights declining participation in local organizations and concerns about youth engagement, referencing issues like drug…My Journey Deep in the Heart of Trump Country:
Emeritus Prof Christopher MayChrisMayLA6@zirk.us
2025-06-09

What austerity has demonstrated again & again, is that if you cut everyday social services, you push many people into personal crisis, who then require emergency interventions; which are so much more costly they wipe out any initial saving(s) made by the cuts.

This key factor lies behind the situation that in so many sectors we seem to be paying more for a worse public service; the money now is flowing towards emergency provision to deal with failure(s).

False economies

#austerity #politics

Lazarou Monkey Terror 🚀💙🌈Lazarou
2025-06-07

Is there a 'zero' missing there, that's a pretty big fucking revision.

Too many parasites and the host is dying, Shareholders, Oligarchs...the numbers just don't add up if we are to placate their insatiable demands.

Pensions report cuts Reeves’ planned
growth funds from £160bn to £11bn
Chancellor had anticipated surpluses from final salary

schemes would boost investment in UK economy

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