Top Leaderboard, Site wide
Shop the Truthdig Gift Guide 2014
December 21, 2014
Truthdig: Drilling Beneath the Headlines
Sign up for Truthdig's Email NewsletterLike Truthdig on FacebookFollow Truthdig on TwitterSubscribe to Truthdig's RSS Feed

Get Truthdig's headlines in your inbox!


Loss of Rainforests Is Double Whammy Threat to Climate






Truthdig Bazaar more items

 
Ear to the Ground

Walking Into Weimar America

Email this item Email    Print this item Print    Share this item... Share

Posted on Jul 7, 2012
torbakhopper (CC BY 2.0)

Austerity, attacks on democracy, the rise of extremism: The U.S. in 2012 looks eerily similar to Germany’s Weimar Republic of the late 1920s and early ’30s. Historian Robert Cruickshank registers the likeness between Germany’s pre-fascist history and what could be America’s.

—Posted by Alexander Reed Kelly

Robert Cruickshank at AlterNet:

Today’s German leaders preach the virtues of austerity. They justify their opposition to the inflationary, growth-creating policies that Europe desperately needs by pointing to the hyperinflation that occurred in 1923, and became one of the most enduring memories of the Weimar Republic. Yet the austerity policies enacted after the onset of the Depression produced the worst of Germany’s economic crisis, while also destabilizing the country’s politics. Cuts to wages, benefits and public programs dramatically worsened unemployment, hunger and suffering.

So far, austerity in America has largely taken place at the state and local levels. However, the federal government is now working on undemocratic national austerity plans, in the form of so-called “trigger cuts” slated to take effect at the end of 2012. In addition, there’s the Bowles-Simpson austerity plan to slash Medicare and Social Security benefits along with a host of other public programs; and the Ryan Budget, a blueprint for widespread federal austerity should the Republicans win control of the Congress and the White House in November.

Read more

More Below the Ad

Advertisement

Square, Site wide

New and Improved Comments

If you have trouble leaving a comment, review this help page. Still having problems? Let us know. If you find yourself moderated, take a moment to review our comment policy.

 
Monsters of Our Own Creation? Get tickets for this Truthdig discussion of America's role in the Middle East.
Right 1, Site wide - BlogAds Premium
 
Right Skyscraper, Site Wide
Right 2, Site wide - Blogads
 
Join the Liberal Blog Advertising Network
 
 
 

A Progressive Journal of News and Opinion   Zuade Kaufman, Publisher   Robert Scheer, Editor-in-Chief
© 2014 Truthdig, LLC. All rights reserved.

Like Truthdig on Facebook