#austerity

In the U.S. the powerful critics of austerity such as Paul Krugman and Robert Reich rightly identify the decline of 'labor' as a problem, and renewing trade unionism part of the solution. Our opportunity is to make the same case in the UK. ↗

— Frances O'Grady

#case #critics #decline #identify #labor

Never has a strong, responsible trade union movement been so needed. With austerity policies biting hard and with no evidence that they are working, people at work need the TUC to speak up for them now more than ever. ↗

— Frances O'Grady

#been #biting #ever #evidence #hard

The TUC's new slogan 'a future that works' sets a profound challenge. Austerity and rapid deficit reduction is failing in its own terms, but even at its best it is short-sighted, muddle-through politics with no vision of a new economic model. ↗

— Frances O'Grady

#best #challenge #deficit #deficit reduction #economic

Americans have always been able to handle austerity and even adversity. Prosperity is what is doing us in. ↗

— James Reston

#adversity #always #austerity #been #doing

A beautiful deleveraging balances the three options. In other words, there is a certain amount of austerity, there is a certain amount of debt restructuring, and there is a certain amount of printing of money. When done in the right mix, it isn't dramatic. ↗

— Ray Dalio

#austerity #balances #beautiful #certain #debt

Deficits must be cut, yes, but the rush to austerity risks undermining the fragile global recovery. ↗

— Alistair Darling

#cut #deficits #fragile #global #must

The seminaries must be like the churches' poor relations, prolonging their existence with austerity. ↗

— Abraham Kuyper

#churches #existence #like #must #poor

The more we can do to address fiscal austerity, the better our markets will do, and there is a real political shift to doing that. ↗

— Meredith Whitney

#austerity #better #doing #fiscal #markets

If the program goes off track again due to recession, this should not become a pretext for the imposition of more austerity measures. ↗

— Antonis Samaras

#austerity #become #due #goes #imposition

For it wasn't the secret--the secret that wasn't a secret anyway--that led to austerity in our lives. It was the austerity that led to the secret. And what I had been marked by, probably most of all, was the austerity. It had made secrets in my life too. Or silences, anyway, that became secrets. That became lies. ↗

— Sue Miller

#lies #secrets #silences #sue-miller #while-i-was-gone