There are very few people that actually give even one hoot and even fewer that could give two of them when it comes to poverty of people that are living in society alongside us. We live in an I’m-alright-Jack world where love thy neighborprobably means just a quick extra-marital affair rather than a hand reaching out to give some help. But the austerity measures that have washed the European Union away have left in the wake of the tsunami just a lost generation of people that are trapped in growing and ever-increasing poverty.
Failed Policies of the EU
The charity Oxfam in the UK has just published a damning report that will probably go very much unheard of showing that by 2025 there will be 25 million people that are living in poverty due to the austerity measures imposed upon them. It will go largely unheard of because other things are turning the media’s attention away from such a social crisis and in turn the people of those very same countries are fixated with the belief that it is Syria, Bachar-al-Assad or Vladimir Putin or even the election of Angela Merkel that are more important than people actually starving from lack of financial resources in the countries that they live in.
Oxfam believes that the austerity measures imposed on populations in European countries takes us back to the havoc wreaked by structural programs of readjustment in developing countries that most of us only witnessed sitting in the comfort of this side of television-land. Now, that’s not the case. Back then, in the 1980s and in the 1990s it was the fault of the International Monetary Fund that in their infinite wisdom had gladly wanted to bail out the failing countries of the world just as long as they cut spending to a minimum and they imposed increases in taxes on the entire population. Not that much different from what is being done right now in the European Union. How little we remember! >> Read More