Friday, May 10, 2013

This is what Austerity looks like...

...and what many Republicans would like to see. They would like to see that same rising red line in the chart below, roll out in the U.S.! It's all part of something I'm sure they've never heard of, or care to talk about, disaster capitalism.
Click to Enlarge
"Practitioners of the shock doctrine tend to seek a blank slate on which to create their ideal free market economies, which usually requires a violent destruction of the existing economic order."
Unlike the U.S., the smaller countries in Europe don't control their own money, so their economic problems are even worse. This chart means nothing to the Paul Ryan's of the world, who see a new social economic order, and the pain that goes along with it, as the cost of doing business.

Ryan's "job" would be made so much easier if he could just shrug his shoulders and blame business as he ushers you out the door.


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