this post was submitted on 16 Aug 2023
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A Boring Dystopia

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[–] [email protected] 123 points 1 year ago (2 children)

Corrected headline: boomers voted in austerity assholes and now their kids have to pay for it with their money

[–] [email protected] -1 points 1 year ago (2 children)

I find it hard to wrap my head around the idea that spending more debt than every government before them every single time for decades is austerity. They spent more than all the money constantly. Some austerity would have actually helped but they didn't do that.

[–] [email protected] 34 points 1 year ago (1 children)

They have been needing to raise taxes on the wealthy for decades, but they've been reducing them instead.

[–] [email protected] 26 points 1 year ago

That's exactly the neoliberal agenda: austerity is spending less for workers and public services, and more to help companies so that growth can come back and make earth a paradise free of socialism.

Austerity has nothing to do with spending less. It's all about taking the money from the poor to give it to the rich.