Paul Mason of BBC on How Austerity is Reducing Greece to Developing Country Status

[polly7]

WEDNESDAY, FEBRUARY 22, 2012

Paul Mason of BBC on How Austerity is Reducing Greece to Developing Country Status

The BBC’s Paul Mason, fresh back from Greece, gives a report on Democracy Now of how living conditions have deteriorated as a result of the imposition of austerity measures. One of the stunners, mentioned in Atlantic Wire (hat tip Lambert), is that not only will some Greeks have to work without pay, some will have to pay for their jobs (yes, that is not a typo). The euphemism is a “negative salary.

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http://www.democracynow.org/2012/2/22/as_greece_erupts_bbcs_paul_mason

[stockholmer]

1. 'work without pay' is already happening more and more in the US

Unpaid jobs: The new normal?

http://management.fortune.cnn.com/2011/03/25/unpaid-jobs-the-new-normal/

While businesses are generally wary of the risks of using unpaid labor, companies that have used free workers say it can pay off when done right.

[izquierdista]

2. You and Glen Beck, huh?

Way to build your credibility......NOT!

[polly7]

4. What are you going on about?

[izquierdista]

5. 12:40

"...only me and Glen Beck...."

[fasttense]

3. Imagine paying a $470 electric bill every month.

The austerity tax has been added to every home's electric bill. The average bill is running $470 with the austerity tax added in.

Could you manage a $470 bill? I could not.