Estimated federal government spending cuts by 2014-15, due to the last three austerity budgets. (Source - Numbers in that blog are drawn from the Federal Budget 2013, pg. 298)
Estimated job losses in both the public and private sector by 2014-15, as a result of a succession of federal government austerity budget decisions. (Source)
3.2 per cent
WED, MAY 1
6PM, NEIGHBOURHOOD NIGHT MARCHES
East Feeder March: University of Ottawa Morisset Terrace
West Feeder March: McNabb Park
8PM: DOWNTOWN CONVERGENCE AT THE PRIME MINISTER'S OFFICE
Organized by Solidarity Against Austerity
Bring your pots & pans!
A Best-of-the-Net video from The Real News Network: New study refutes Reinhart and Rogoff analysis that underpins austerity policy around the world; shows no relation between debt and lack of growth.
A recent report published by the Canadian Centre for Policy Alternatives, written by economists Trish Hennessy and Jim Stanford, slams the Ontario government's austerity budgets and breaks down how far from solving the province's economic woes -- budget cuts actually exacerbate them.
The report, aptly titled 'More harm than good: Austerity's impact in Ontario,' deconstructs how the much-touted Drummond report manufactured a projected $30 billion deficit out of what even the Liberal government now says is a much smaller $11.9 billion shortfall.