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With the world economy in crisis, Labour continues to attack the working class
... is less than 40% of national average than in 1997 (see WR 242). The chancellor’s ‘war chest’ (from which he was able to make an electioneering ‘family friendly’ budget that was still ‘prudent’) is based on four years of attacks on the ...
World Revolution - 2005-01-16 22:07
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Korea: From its liberation as a colony to plunging into war and division
... soldiers, and the country was pulverising half of its state budget for the war. In October 1951 the USA had to quadruple their defence ...
International Review - 2012-11-11 17:53
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What future for the young in capitalism?
... the pension age. Not forgetting that there will be another budget later this month, no doubt with new cuts announced. It is easy ...
World Revolution - 2011-03-07 18:08
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What point has-the crisis reached?
... reductions will basically have the effect of increasing the budget deficit which already stood at $270 billion in 1991 and which according ... even more dramatically. As for the reduction in the arms budget, the famous 'peace dividend', its sole result will be to push the US ...
International Review - 2010-08-17 00:57
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From the crisis of liquidity to the liquidation of capitalism!
... mortgage and credit card debt and the gigantic foreign and budget debts of the United States, is coming to an end. Such are the ...
International Review - 2007-11-08 15:42
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ESF: The only alternative world is communism
... up an increasing portion of GNP and of the ever-swelling budget deficit. This is the so-called 'powerless', 'absent' state. It is ...
World Revolution - 2004-12-24 01:57
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The unions in decadent capitalism
... on military production (up to 50 per cent of the state budget in countries like Russia or the USA). State subsidies to a ...
ICConline - 2005-06-05 19:31
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Anti-globalisation: ideological poison for the proletariat
... up an increasing portion of GNP and of the ever-swelling budget deficit. This is the so-called 'powerless', 'absent' state in the model ...
World Revolution - 2009-07-15 20:42
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US economy slides into open recession
... that, given the present economic troubles, the projected budget surpluses for years to come - the basis for the proposed tax cuts - may ...
Internationalism USA - 2009-04-08 11:43
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You can’t fight austerity through elections!
... 558 days in power. The parties have been in dispute over budget cuts. In the recent French Presidential election Hollande’s victory ...
ICConline - 2012-05-20 09:34