Austerity, our daily bread!
Greece is not the problem, let it go bankrupt. Why not? Who is going to suffer? Spain? the whole EU? the markets? and who are they? Austerity has changed the way we understand politics. It is interesting to see how people or politicians talk about a market society rather than a market economy. If the understanding of our society is changing towards a more liberal definition of the concept, we then should start rethinking the bases which our political societies were built upon. The question of austerity brings debate about the legitimacy of Europe and the European Union. It has certain pejorative connotations that deserve special attention. Austerity always brings privatization with it, it brings cuts in spending and it causes the weakening of the middle class. In fact, I dare say that Austerity destroys the middle class… It targets all its policies towards the middle class. And who proposes austerity in Europe? The European Central Bank, the Commission and our dear Angela Merkel. The Commission likes increasing VAT taxes, freezing public salaries and pensions and privatizing key sectors. One of the pieces of advice that mama Europe a.k.a the Commission told Spain was “you guys should reduce pay-roll taxes” and what the minister of economy answered was, How do you think we pay for our pensions? Through pay-roll taxes. They always propose brutal and liberal solutions. And liberalism is already the motive of the problem. Why don’t we let Greece go in bankrupt? Otherwise, they are going to be attached to a bailout debt for decades that will put the country in a humiliating position of decadence.
