ooo a 'pledge' from a Government minister!
I'll put that right next to my Trump memcoin and Russian offers of Peace.....
ooo a 'pledge' from a Government minister!
I'll put that right next to my Trump memcoin and Russian offers of Peace.....
"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
https://www.cbo.gov/system/files/2025-06/61387-Distributional-Effects.pdf
“The good, the bad, and the downright deceptive”
by Another Angry Voice on Substack
“Analysis of Rachel Reeves' 2025 Spending review”
https://open.substack.com/pub/anotherangryvoice/p/the-good-the-bad-and-the-downright
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
https://voxpoliticalonline.com/?p=98552
Rachel Reeves favors health as she unveils UK spending priorities – POLITICO https://www.byteseu.com/1095156/ #Asylum #austerity #Borders #BritishPolitics #Budget #Elections #Finance #GreatBritain #Growth #insurance #investment #MelStride #Policy #poll #RachelReeves #Rights #Security #Tax #Transport #UnitedKingdom #VAT #WestminsterBubble #youth
(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.
"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."
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...
"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."
"An independent evaluation of who gets what from the Republican tax bill just dropped, and wow.
This chart shows only thetax cut side of things, and they only find the rich. The
spending cuts, which are separate, somehow only find the poor."
-J Wolfers
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:
https://www.independent.co.uk/news/uk/crime/car-theft-met-police-chiswick-london-b2766326.html
“Labour comes last – in low single digits – in all three W Sussex county by-elections”
by Skwawkbox @skwawkbox @UKLabour
“Starmer’s collapse continues despite Scottish blip – and makes Labour’s 14% last month look like unattainable heights”
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 pplwill 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
https://www.nytimes.com/2025/06/09/opinion/trump-supporters-kentucky.html
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
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.
"This is correct, and the key point: there is no way to implement work requirements in a reliable, cost-efficient way that ensures that people who meet the requirements don't get kicked off Medicaid. "The state capacity to do this does not exist."
-J Surowiecki