More than 250,000 march in London "to let them know this is wrong"
Commander Bob Broadhurst of the Metropolitan Police confirmed that more than 250,000 people had marched peacefully...
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Britain is facing 80 billion pounds ($130 billion) of public spending cuts from Prime Minister David Cameron's coalition government as it struggles to get the country's large budget deficit under control. The government has already raised sales tax, but Britons are bracing for big cuts to public spending.
After the country spent billions bailing out indebted banks, and suffered a squeeze on tax revenue and an increase in welfare bills, Treasury chief George Osborne has staked the coalition government's future on tough economic remedies. [emphasis added]
As many as half a million public sector jobs will be lost, about 18 billion ($28.5 billion) axed from welfare payments and the pension age raised to 66 by 2020, earlier than previously planned.
The TUC, the main umbrella body for British unions, says it believes the cuts will threaten the country's economic recovery, and has urged the government to create new taxes for banks and to close loopholes that allow some companies to pay less tax — an argument that chimes with many of the protesters.
"They shouldn't be taking money from public services. What have we done to deserve this?" said Alison Foster, a 53-year-old school teacher. "Yes, they are making vicious cuts. That's why I'm marching, to let them know this is wrong."
it IS wrong... it's wrong in the uk, it's wrong in greece and it's wrong here in the u.s... our super-rich elites are sucking up power and money in staggering amounts, governments throw even more money at them so they don't have to live with the consequences of their own excesses, and us poor miserable slobs are the ones who have to pay...? fuck, no...! screw 'em...!
Labels: austerity, bailout, banksters, blue-collar workers, elites, greed, protests, super-rich, United Kingdom, United States, working poor
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