Peer2Politics
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Peer2Politics
on peer-to-peer dynamics in politics, the economy and organizations
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Greece Is Just The Beginning Of The Great Austerity Backlash

Greece Is Just The Beginning Of The Great Austerity Backlash | Peer2Politics | Scoop.it
WASHINGTON -- The global politics of austerity seeped into the press room of the White House on Monday, the day after the Greeks voted overwhelmingly to reject a harsh bailout deal with Europe.

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U.S. President Obama in Support of Greece, Suggests No More Austerity [Video]

U.S. President Obama in Support of Greece, Suggests No More Austerity [Video] | Peer2Politics | Scoop.it

In an interview with the American TV Network CNN earlier today, U.S. President, Barack Obama, underlined that austerity can no longer be imposed on people. In what is seen as a powerful appeal to European leaders and in direct support of Greece, Mr. Obama highlighted that there should be a development strategy, adding that the reforms that must be put in place should not be based on austerity policies. Namely, the U.S. President mentioned tax evasions and referred to the troubling inability to collect taxes.



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