March 23rd is Budget Day, when the ConDem coalition will set out their destructive austerity policies for the following financial year.
The imminent onset of austerity measures has had the effect of causing GDP to contract by 0.5% in the last quarter of 2010. The ConDems blamed snow, but Germany (which does not have severe austerity measures in place), grew by 0.6% GDP.
Nobel prize winning economists like Joseph Stiglitz and Paul Krugmann have argued against austerity measures, and even the IMF has warned that if too many countries introduce austerity measures this could cause the global recession to return.
We argue that cutting government spending at a time of weak, jobless growth, is not the best method for reducing the deficit, and that there are alternatives.
See False Economy for more information.
Come and join us on the 23rd March to demonstrate against austerity measures, and meet other people who are going to London the following Saturday for the TUC National Demonstration for the Alternative.
17:00-18:45, Government Office for the West Midlands, 5 St Philip’s Place, Colmore Row, Birmingham, B3 2PW
If you’re on facebook, invite your friends to the event: Facebook Event
For more information about March 26th, see the TUC website . If you want to come and need transport, contact your union or email us firstname.lastname@example.org. You can also find transport on the False Economy website
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