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Scriptonite Daily |
08.03.2013 18:29
| Occupy Everywhere
| Globalisation
| Public sector cuts
| Social Struggles
| London
| World
As a result of a corporate-lobby induced dead lock in the US Congress; a crushing austerity programme will now be rolled out across the land. The programme, called Sequestration, will see $1.2trn of cuts to public spending ($85bn this year) beginning this month. The National Debt and deficit of the US have been caused by the tax cuts to serve the 1% and funding wars on behalf of the 1%, so why are the 99% footing the bill?
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