Tag Archives: sequester
Austerity called a spade
Finally the correct word is being used for sequester: Austerity. Government and private forecasters expect austerity, in the form of the spending cuts and tax increases, to take a big bite: about 142,000 fewer jobs a month for the rest of the year than would otherwise be added. http://economix.blogs.nytimes.com/2013/03/08/federal-austeritys-bite-on-job-growth/?hp That’s more than the 134,000 jobs […]
Sequester means forced austerity
Sequester takes aim at budget reductions in programs that help low-income Americans, including one that gives vouchers for housing to the poor and disabled and another that provides fortified baby formula to the children of poor women. http://www.nytimes.com/2013/03/04/us/politics/poor-face-most-pain-as-automatic-budget-cuts-take-effect.html?hp&_r=0 Housing programs would be hit particularly hard, with about 125,000 individuals and families put at risk of […]
Dirty Babylon 