These Greek voters were “risking financial ruin in a show of defiance that could splinter Europe,” according to the Washington Post.
The Washington Post‘s Griff Witte and Michael Birnbaum (7/6/15) report on what Greek Prime Minister Alexis Tsipras might do in the wake a resounding anti-austerity vote in his nation’s referendum:
Tsipras also is expected to present new proposals to a tough audience: seeking to persuade European partners that Greece can be trusted to trim its spending, and get fresh bailout funds in return.
Hmmm…. Can Greece be trusted to trim its spending? Let’s take a look:
So from 2010 to 2015, Greece has cut government spending from roughly 13 billion euros to 10 billion euros–a cut of 23 percent. Unsurprisingly, this has had a devastating effect on Greece’s economy, with unemployment stuck above 25 percent since the end of 2012.
In the Washington Post‘s eyes, though, Greece has not yet demonstrated the willingness to “trim its spending” that would merit a bailout.
Jim Naureckas is the editor of FAIR.org.
Messages can be sent to the Washington Post at letters@washpost.com, or via Twitter @washingtonpost. Please remember that respectful communication is the most effective.
They want to hear Greece scream.
Well, Greece just screamed
“Go fuck yourself!”
Today we are all Greeks.
WaPo, probably thinks Greek workers should be paid like those in an Amazon warehouse too.
These euro numbers don’t make sense. Greece has a GDP of over 200 billion Euros. Government spending is between 1/3 and 1/2 GDP. How do you get only 10 billion Euros of government spending? What’s missing?
In the USA, all the banks would be bailed out by federal tax dollars. Why won’t the Europeans do that? Aren’t their banks “too big to fail”?
Garage sales help people get rid of their
stuff and buyers in return can get some
useful products at a very cheap rate. Not having the extra available credit limits your opportunity to spend above
your income. Citibank has overdraft protection with
Checking Plus, a checking account with a revolving credit line.