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Truthdig columnist Chris Hedges stopped by “Democracy Now!” to talk about the Chicago public school teachers’ strike, “arguably one of the most important labor actions in probably decades,” which “illustrates the bankruptcy of both traditional labor and the Democratic Party.”
Posted on Sep 11, 2012
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megoizzy (CC BY-SA 2.0)
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As public sector jobs, education, health insurance and social welfare programs crumble amid the specter of economic austerity, the British government has spent more than $14 billion on preparations for the 2012 Olympic Games—far more than the $4 billion that was estimated a few years ago.
Posted on Jul 26, 2012
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striatic
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In exchange for a eurozone bailout of $123 billion, Spain’s conservative government Wednesday slashed $80 billion from its budget over the next two and a half years through a combination of sales tax hikes and spending cuts. That’s in addition to $92 billion dropped by the country’s previous administration.
Posted on Jul 11, 2012
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Gamma Man (CC-BY)
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By Ellen Brown, Truthout —
Conventional wisdom holds that government bureaucrats are bad businesspeople. But around the world, the many countries with strong public banking sectors generally have strong, stable economies.
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AP / Lefteris Pitarakis
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As many as 2 million British public sector workers went on strike Wednesday to oppose the government’s plans to increase revenue by digging into their hard-earned pensions. Just over one-quarter of the civil service walked out, including members of Prime Minister David Cameron’s staff.
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Flickr / Takver
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In findings that can hardly be expected to generate Palestinian good will for Israel, a five-year Israeli blockade on Gazan exports has contributed heavily to the joblessness of nearly half the population and a sharp decline in real wages, according to a U.N. report.
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Flickr / edEx
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What’s bad? September saw 159,000 public sector employees laid off. What’s worse? A good number of those layoffs were teachers, as private sector hiring failed to keep pace with job cuts by federal and local governments.
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knowledge.uneca.org
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File this one under Dubious Honors of the World: An organization with the fun name of Transparency International has created a list ranking nations according to “perceived levels of corruption in the public sector,” as the BBC put it, and Somalia appears to be the worst of the bunch.
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New York City’s Summers May Heat Up
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