Posted on 11/14/2012 6:45:57 AM PST by tobyhill
Workers across the European Union sought to present a united front against rampant unemployment and government spending cuts Wednesday with a string of strikes and demonstrations across the region.
However, while austerity-hit countries such as Spain and Portugal saw a high turnout of striking workers, wealthier countries like Germany and Denmark experienced only piecemeal action.
To combat a three-year financial crisis over too much debt, governments across Europe have had to cut spending, pensions and benefits and raise taxes. As well as hitting income and living standards, these measures have also led to a decline in economic output and rapidly rising unemployment.
The 17 countries that use the euro are expected to fall into recession when official figures are released Thursday. Meanwhile, unemployment across the eurozone has reached a record 11.6 percent with countries like Spain and Greece hitting the 25 percent mark.
(Excerpt) Read more at washingtonpost.com ...
Simple solution...fire them and hire someone who isn’t afraid to work for a living.
there won’t be any meaningful austerity measures here.
We are next to implode.
Money is no longer backed by anything of real value. And everyone on the planet has too much to lose (particularly the ChiComs if they can’t ship their crap to Walmart)
No, the dance will continue for as far into the future as we all can see.
This is pure Cloward and Piven, and we need a plan of our own for the collapse so that the authoritarian socialists cannot exploit this by default, as they’re intending.
I can’t believe what I’m reading.
There are still people in Europe who work?
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