Topic: IMF Austerity Measures
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How can austerity measures halt economic growth?
Too auster (saving instead of spending, reducing spending to too low a point) means business can't make a decent profit, so they lay off people (or outsource their labor overseas), which in turn means the laid off workers don't have money t... Read More »
Source: http://wiki.answers.com/Q/How_can_austerity_measures_halt_economi...
What are austerity measures?
Here's ANTI austerity from the CHINESE COMMUNIST bosses: “Some of the measures aimed at boosting consumer demand include strengthening the country’s [China] social safety net by: . expanding pensions, health care and unemployment insurance;... Read More »
Source: http://answers.yahoo.com/question/index?qid=20120425150935AADwE8K
Why austerity measures now ?
Take the USA for example: People say, "What's the Problem with a Debt?" I'll try to explain: We are going to pay $243 Billion for the INTEREST on our Debt this year. We will BORROW $1.3 Trillion More to pay for that interest and all the Pro... Read More »
Source: http://answers.yahoo.com/question/index?qid=20120213122601AAWvmEZ
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IMF Austerity Measures
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The minimum wage will be reduced by roughly 20 percent to about 500 euros per week. 150,000 government employees will lose their jobs. State owned enterprises such as utilities and gaming will be sold off. Employees who work for these organ...
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Source: http://answers.yahoo.com/question/index?qid=20120213165519AAuZpfy
Imposed by MERKOZY - stringent measures of taxation and thousands of public service job cuts along with privatisation of jobs done by public sector. VAT up from 19% to 23% - A new "property tax" charged at X Euro per square meter of your ho...
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Source: http://answers.yahoo.com/question/index?qid=20111106155225AAzcheF
2 Reasons: Austerity measures are a prerequisite for the International Monetary Fund loans necessary to payoff greek bonds in order to avoid defaulting on those bonds, which would raise Greek interest rates across the board for at least a d...
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Source: http://www.quora.com/How-will-austerity-measures-in-Greece-help-t...
I don't know about its austerity program, but I did watch a very informative and intriguing film entitled "Life and Debt" by Stephanie Black (I highly recommend it) in which the IMF is shown for what it is. In the movie, the IMF, along with...
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Source: http://answers.yahoo.com/question/index?qid=20061212015220AAkT5tV
The only austerity measure Democrats will not take off the table, is "no new taxes". You may notice though, Democrats don't call a "tax" a tax anymore. It is now "revenue". Democrats must spend more in order to save more. Democrats don't ha...
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Source: http://answers.yahoo.com/question/index?qid=20120512213825AAJJGey
Yes there will be austerity measures. Our debt makes it certain. Either we make the cuts ourselves now or we will be forced to make much more painful cuts later by the IMF. Your choice.
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Source: http://answers.yahoo.com/question/index?qid=20110905085851AAPNzpv
