LA INVASORA 1600
español english

WWRL Hosts Blog


@Thom_Hartmann Blog - Austerity Cuts Crippling Europe

by Thom Hartmann posted Aug 31 2012 2:23PM


Each month that goes by in Europe, the continent’s economy gets worse and worse, thanks to crippling austerity measures.  The number of unemployed people in the 17-nation Eurozone hit a record high after the month of July – with new data showing 88,000 more people lost their jobs that month.  That brings the total amount of unemployed to over 18 million people – the highest ever recorded.  The unemployment rate in the Eurozone remained at 11.3% - more than three points higher than the United States.

Unlike in Europe – the United States passed a stimulus package in 2009 – that according to the CBO created as many as 2 million jobs.  Republicans say the stimulus is a failure and it never should have been passed.  They also say austerity is the solution to our economic woes.  But clearly, they’re not paying attention to what’s happening in Europe.

Listen to me live Monday through Friday 3 PM to 6 PM on WWRL 1600.
Filed Under :
Topics : LaborPolitics
08/31/2012 2:23PM
@Thom_Hartmann Blog - Austerity Cuts Crippling Europe
Please Enter Your Comments Below
Title :
Comment :
On Air Now
La Invasion Mañanera
5 AM - 9 AM
Recent Posts
Esta es mi recolección de frases
Navidad: ofensiva para algunos, alegria para muchos
La Gota que Derramó el Vaso
Conoce las 7 sectas y religiones mas extrañas del mundo
LUIS FONSI ABRE SU CORAZON ESTA NAVIDAD
Tag Cloud
No Tags Found !
Blog Categories
Archives