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The Future of Obama's America :"There's Nothing Left To Cut" In Greece As National Default Beckons

February 7th, 2012

UK Independent
Nathalie Savaricas

Athens

That's enough, we can't take it anymore." That was the popular chant coming from protesters in Athens yesterday during the latest 24-hour general strike against the country's austerity measures. Teachers and doctors joined bank employees to demonstrate against a new round of expected cuts as the cash-strapped country continued to negotiate new reductions in spending to help keep the economy afloat.

Several thousand demonstrators from the public and private-sector unions braved the heavy rainfall, gathering outside Parliament to voice their opposition at the latest proposed measures to secure a €130bn (£108bn) bailout package. Minor clashes broke out when protesters tried to remove a cordon near the parliament building. Police sprayed tear gas and at times clashed with strikers, whose anger intensified overnight when a further 15,000 job cuts were announced.

Since the onset of the crisis, the austerity drive has sent unemployment to a record high of 18.2 per cent and the country's finances into a spiral of recession. Despite the deepening pain, crowds at protests have increasingly dwindled.

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But you can't cut that!

Sure, there's nothing left to cut. Like your teenager screaming bloody murder when you tell them we have to cut the cell phone budget. But I can't live without unlimited texts!

The Greek people will find a way to survive with 33% less welfare state.