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Austerity Measures

David Sands

A Thousand Cuts: Riders Share Personal Cost Of Bus Cuts | David Sands | Posted 07.17.2012 | Detroit

This article is part of a Huffington Post series on the global impact of austerity -- "A Thousand Cuts" -- from affordable housing funds lost in San F...

Paul Vale

A Thousand Cuts: 'The Big Problem For Me Is Fear' | Paul Vale | Posted 07.17.2012 | Politics

This article is part of a Huffington Post series on the global impact of austerity -- "A Thousand Cuts" -- from affordable housing funds lost in San F...

Joy Resmovits

A Thousand Cuts: Larger Classes Hit Young Children Especially Hard | Joy Resmovits | Posted 07.17.2012 | Education

This article is part of a Huffington Post series on the global impact of austerity -- "A Thousand Cuts" -- from affordable housing funds lost in San F...

How You Can Help Those Suffering From Austerity Cuts

Posted 07.16.2012 | Impact

Austerity measures have sent shivers of fear through Europe -- and are starting to have a devastating effect on municipalities large and small in the ...

John Celock

A Thousand Cuts: Smaller Budgets Force Firefighters To Watch And Wait | John Celock | Posted 07.17.2012 | Politics

This article is part of a Huffington Post series on the global impact of austerity -- "A Thousand Cuts" -- from affordable housing funds lost in San F...

Jason Cherkis

A Thousand Cuts: How Austerity Is Changing The Way We Live | Jason Cherkis | Posted 07.17.2012 | Politics

WASHINGTON -- In early 2011, Elizabeth Miller, a bus driver for the Port Authority in Pittsburgh, received notice that she would be laid off in 60 day...

Austerity? Stimulus? Or Happiness?

Curtis Roosevelt | Posted 09.09.2012 | Politics
Curtis Roosevelt

What the business and financial people driving the economy have forgotten is that the gains they derive from profits produced by enterprise must be shared if our society is to function with any cohesion.

Paul Krugman: Sign My 'Manifesto For Economic Sense'

The Huffington Post | Khadeeja Safdar | Posted 06.28.2012 | Business

Paul Krugman is upset by the way governments have handled the economic crisis and he wants other economists to be upset too and then sign something ju...

Major Retailer Overcomes Europe Woes

Reuters | Posted 08.20.2012 | Business

* Q2 pretax profit 7.1 bln SEK vs consensus 6.6 bln * Gross margin unchanged at 61.7 pct vs f'cast 61.1 pct * Says took ...

After Close Election, Fear Of 'Social Explosion' In Greece

Reuters | Posted 08.18.2012 | Business

By Michael Stott ATHENS, June 18 (Reuters) - Pro-bailout party New Democracy may have come first in Sunday's Greek election but the ra...

Austerity Roulette

Jason Stanford | Posted 06.13.2012 | Politics
Jason Stanford

Are Republicans trying to filibuster the economy into a double-dip recession just to prevent a second term for Barack Obama? Or do they really believe Greek-style austerity is the way to fix the economy?

Germany To Italy: Stick To Austerity Measures To Avoid Crisis

Reuters | Posted 08.13.2012 | Business

* Italy's Monti appeals for politicians' backing * Schaeuble offers Monti encouragement * Investors still wary of Spain ...

Why No One Is Hanging Out At The Parthenon

Reuters | Posted 08.06.2012 | Business

* Crisis, euro exit talk scares tourists off * Prices are cut to win last-minute arrivals * Double-digit drop in 2012 to...

Nobel Prize-Winning Economist: Romney Plan Will 'Increase Likelihood Of A Recession'

The Huffington Post | Harry Bradford | Posted 06.05.2012 | Business

With the presidential election just months away, one Nobel Prize-winning economist seems to have made up his mind. Left-leaning economist and Colum...

Austerity: 2011's Darling Becomes 2012's Pariah

Arianna Huffington | Posted 07.29.2012 | Business
Arianna Huffington

There's a new scarlet letter in town. Actually, it's the same letter -- "A" -- but it stands for a different word that's increasingly regarded as shameful: Austerity. The darling idea of 2010 and 2011 has become the pariah concept of 2012. And the evidence of profound change is all around, from France and Greece to Germany and -- gasp -- the Republican Party. The change, when it comes to the conventional wisdom on austerity, has come from a combination of public pressure and leadership: one pushing up from below, the other pressing down from above. None of this means that we should break out the Keynesian champagne any time soon. But it's clear the forces of austerity are in retreat. And that's a very good thing.

Greeks 'Just Don't Feel LIke Having Sex' Amid Economic Downturn

Reuters | Posted 07.27.2012 | Business

* Sex shops say business has plummeted * Greece imports its erotic toys * Return to drachma could spell death of industr...

Austerity Isn't Working

Matt Browne | Posted 07.22.2012 | World
Matt Browne

Austerity Isn't Working's goal is to illustrate the human cost of austerity, compile the growing economic evidence that austerity isn't working, and promote fresh ideas designed to shape a fiscally responsible, pro-European, pro-growth response to the crisis.

Austerity Offers Europe Their Only Hope

Michael Pento | Posted 07.17.2012 | Business
Michael Pento

Blaming a recession on the idea that an insolvent government was finally forced into reducing its debt is like blaming a morning hangover on the fact that you eventually had to stop drinking the night before.

For Whom the Austerity Bell Tolls

Jared Bernstein | Posted 07.15.2012 | Business
Jared Bernstein

Next time someone asks you for whom the austerity bell tolls, tell them it ain't just the EU.

Eurozone's Economy 'Not Likely To Recover Any Time Soon'

Reuters | Posted 07.14.2012 | Business

* Euro zone GDP stable at 0.0 pct change in Q1 from Q4 2011 * Germany surprises with 0.5 percent growth in Q1 * French g...

Merkel, Austerity Policies Dealt Blow

Reuters | Posted 07.13.2012 | World

* Projections show worst post-war result in state for CDU * Result could harden opposition to Berlin's austerity policies ...

David Sands

Detroit City Council Ponders Police Millage Proposal | David Sands | Posted 05.10.2012 | Detroit

Claiming that Detroit is facing a public safety emergency, representatives from the Board of Police Commissioners urged Detroit City Council Thursday ...

Austerity Measures Are Worse at Easter

Seth Engel | Posted 07.02.2012 | World
Seth Engel

In the face of the U.S.'s two greatest crises of the century, Americans have turned to FDR and George W. Bush for solace. The Germans had once chosen Hitler for theirs. Which path will the Greeks venture down on May 6? Who can lead a country that has hit rock bottom?

Europe's Banks Versus European Democracy

Robert Kuttner | Posted 06.29.2012 | Business
Robert Kuttner

Germany profits because the more that financial markets flee from the bonds of other nations, the more money pours into German government bunds, reducing German costs of borrowing. So, what is to be done? If Hollande is elected President of France next week and attempts to pursue a growth policy in one country, as President Francois Mitterrand tried in the 1980s, he will be punished both by money markets and by other leaders. When Mitterrand tried expansion in one country, the result was capital flight and pressure against the franc. In those years, currencies were vulnerable to conservative financial pressures. Today, with a single European currency, it's government bonds that are under attack. But it's the same story.

Spanish Economy In 'Crisis Of Huge Proportions'

Reuters | Posted 06.26.2012 | Business

* S&P downgrades Spanish government debt * Unemployment rate rises more than expected * Retail sales continue to slide a...