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Budget Cuts
Stiglitz reiterates : Austerity Pushes Europe ‘Suicide’
Europe Pushed to ‘Suicide’ on Austerity, Stiglitz Says – Bloomberg Nobel Prize-winning economist Joseph Stiglitz said Europe is in a “dire” situation as a focus on austerity pushes the continent toward “suicide.” “There has never been any successful austerity program in any large country,” Stiglitz, 69, told reporters in Vienna yesterday. “The European approach definitely … Continue reading
NZ | Government | 2500 jobs to save $20m
A squeeze on state service backroom functions has saved just $20 million in two years, Treasury boss Gabriel Makhlouf has revealed. The Government has shed more than 2500 jobs in the past three years and ordered chief executives to shave their IT and human resources bills as part of a drastic overhaul of the public … Continue reading
Voters support deep spending cuts, poll says | CTV Ottawa | CTV News
Canadians appear to be in an austerity state of mind, according to a new poll, which found that a vast majority of respondents would approve deep spending cuts by the federal government as it tries to squeeze $4 billion in annual savings out of its budget. The Nanos Research survey asked respondents “what should be … Continue reading
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