The Future of Obama's America :"There's Nothing Left To Cut" In Greece As National Default Beckons
Submitted by Bob-45 on Wed, 02/08/2012 - 01:29February 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.