Top Leaderboard, Site wide
Truthdig: Drilling Beneath the Headlines
April 25, 2017 Disclaimer: Please read.
x

Statements and opinions expressed in articles are those of the authors, not Truthdig. Truthdig takes no responsibility for such statements or opinions.







Truthdig Bazaar more items

 
Ear to the Ground
Email this item Print this item

Walking Into Weimar America

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

Lockerdome Below Article
Get a book from one of our contributors in the Truthdig Bazaar.

Related Entries

Get truth delivered to
your inbox every day.



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.

Join the conversation

Load Comments
Right Top, Site wide - Care2
 
Right Skyscraper, Site Wide
Right Internal Skyscraper, Site wide

Like Truthdig on Facebook