http://www.commondreams.org/view/2011/06/03-7Hope is indispensable in public and private life. I don’t mean brainless optimism in the face of facts. I mean hope that finds a way to persist in honest awareness of how bad things are.
Take the economy. Everyone knows that the disaster of 2008, which has clearly not gone away, had nothing to do with excess government spending. It had/has to do with other things: loss of good jobs; wage stagnation; jumps in consumer debt to cover the losses; “financialization”; fraud; greed; lack of oversight — blah blah blah. Any rise in deficits came mainly from bailouts to banks, or needless warmaking. The point is: The catastrophe had/has no connection to government social or economic spending. Yet the only solutions proposed everywhere are public spending cuts.
Ordinary people know, or sense, that this is stupid. Even in the U.S., a poll this year found only 20 per cent thought deficit reduction validated cuts in pensions or medicare. Only 25 per cent would reduce education spending to balance the budget. Even public support to the arts had majority support. They have their heads screwed on; they know where the real problems are and aren’t.
But — and here’s where hope comes in, or flies out the door — governments slash anyway. Not just in crisis cases like Greece, Portugal and Spain. But in the U.S., U.K. and here, as we’re told to expect in next week’s budget. Please note that in many cases these pointless, unwarranted cuts are made by “left” governments. The three European governments all have “socialist” in their names. Barack Obama has joined the attack in the U.S.
More at the link --