RadioRaheem84
13th March 2010, 13:33
I hear a lot about them coming to the US as budget cuts to city, state and local government are looming over the heads of public sector workers.
Are these austerity measure similar to structural adjustment programs that the first world inflicts on the third world all the time? Does scaling back the public sector mean that there will be some wholesale selling off of public resources and more privatization will probably take place? What does austerity entail?
Are these austerity measure similar to structural adjustment programs that the first world inflicts on the third world all the time? Does scaling back the public sector mean that there will be some wholesale selling off of public resources and more privatization will probably take place? What does austerity entail?