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New York Times Supports Austerity Harshness

By       Message Stephen Lendman     Permalink
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"Anyone with actual experience in Latvia will see the dissonance between myth and reality regarding the government's response to the crisis." 

"Latvians most emphatically did protest both the corruption and proposed austerity following the fall 2008 crash."

Neoliberal regimes condemn resistance. Harshness was force-fed. Many people emigrated. Protests abated. People most vocal and angry sought better times elsewhere.

Latvia's post-Soviet population dropped from 2.7 million to "an official" 2.08 in 2010. "Demographic reports originally (said) 1.88 million in 2010. Some Latvian demographers" say totals were inflated.

Latvian "success" reflects "neoliberal Potemkin Village illusion." The country's 2008 economic collapse "was the deepest of any nation when the financial bubble burst."

The depth of its crisis permitted a dead-cat bounce. Officials and media scoundrels claim recovery. Privileged few alone benefit.

Success reflects population and capital flight, clear-cutting forests, de-industrialization, neoserfdom, unprotected workers, poverty-level wages, and addressing underdeveloped agricultural and transit sectors.

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"Neoliberals call austerity and emigration 'stability' and even economic growth and recovery, as long as people don't complain or demand an alternative."

Is Latvia's model heading for America? Bipartisan complicity to destroy popular benefits suggests the worst of hard times ahead. They'll arrive incrementally over time. 

The America older generations grew up in doesn't exist. Worse times loom. Younger ones face dystopian harshness. They'll be no place to hide.

Stephen Lendman lives in Chicago and can be reached at Email address removed

His new book is titled "Banker Occupation: Waging Financial War on Humanity."

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Visit his blog site at and listen to cutting-edge discussions with distinguished guests on the Progressive Radio News Hour on the Progressive Radio Network Thursdays at 10AM US Central time and Saturdays and Sundays at noon. All programs are archived for easy listening.

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I was born in 1934, am a retired, progressive small businessman concerned about all the major national and world issues, committed to speak out and write about them.

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