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The 1% Just Drove the US Right Off the Fiscal Cliff

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?



Read full article here  http://scriptonitedaily.wordpress.com/2013/03/08/the-1-just-drove-the-us-right-off-the-fiscal-cliff/

Scriptonite Daily
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