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Qaagi - Book of Why

Causes

Effects

cut deficits , cut medicare , cut social security , cut spending , cut taxes , cut the budget , economy starved for money , export more , MMT , modern monetary theory Rodger Malcolm Mitchell 9:56 amcausesEconomic austerity

Conservative administrations(passive) led byeconomic austerity

the finance community ... from the good ‘ ol USA(passive) is designed byausterity economics

the collapse of the Eastern European communist bloc that had subsidized Cuba for three decades(passive) caused byeconomic austerity

Bad incentives in sciencehave influencedeverything from austerity economics

economic declines(passive) caused byeconomic austerity

mismanagement and unbridled corruption(passive) caused byeconomic austerity

Brussels(passive) set byeconomic austerity

The new defense strategy announced by President Barack Obama on January 5 , 2012 as part of the administration ’ssetseconomic austerity

the 2008 recession(passive) triggered byeconomic austerity

unexpected depressions(passive) triggered byeconomic austerity

in Europe being left behind by the United Stateshad resultedin Europe being left behind by the United States

in the proliferation of poor quality products made ever cheaper and less durable to satisfy an increasingly cash - strapped consumerhas resultedin the proliferation of poor quality products made ever cheaper and less durable to satisfy an increasingly cash - strapped consumer

huge problems there toois causinghuge problems there too

to slower average growth and wider dispersion of individual graduate incomesleadingto slower average growth and wider dispersion of individual graduate incomes

to a decade of poor growth , low wages and rising poverty across the UKhas ledto a decade of poor growth , low wages and rising poverty across the UK

green jobs and properly funding social , adult educational and recreational and leisure servicescreatinggreen jobs and properly funding social , adult educational and recreational and leisure services

part - time and zero hours jobs rather than full - time jobs and so that ’s an issue for young workersis creatingpart - time and zero hours jobs rather than full - time jobs and so that ’s an issue for young workers

to economic depressionleadsto economic depression

to poor demandleadingto poor demand

higher unemployment ... generating lower government revenues , which increases government debt , causing more cuts and higher taxescauseshigher unemployment ... generating lower government revenues , which increases government debt , causing more cuts and higher taxes

these figures(passive) is created bythese figures

to shrink the real economy to fit the blueprint of the financial economydesignedto shrink the real economy to fit the blueprint of the financial economy

to economic expansionleadsto economic expansion

in high levels of unemployment and exclusion from health insurance for a large proportion of the populationresultingin high levels of unemployment and exclusion from health insurance for a large proportion of the population

civil disordercausescivil disorder

a recession for the peoplewill createa recession for the people

to continue for some years to comesetto continue for some years to come

to better economic confidence and performance , as the Irish experience showswill leadto better economic confidence and performance , as the Irish experience shows

to anti - EU sentimentwill leadto anti - EU sentiment

from the poor state of the SA economyresultingfrom the poor state of the SA economy

major political tensions and social unresthas provokedmajor political tensions and social unrest

to massive unemployment and deficitsleadto massive unemployment and deficits

to declines in university autonomy across europe as governments have increased their control of institutional financeshas ledto declines in university autonomy across europe as governments have increased their control of institutional finances

the low wage economy(passive) created bythe low wage economy

inevitably to financial crisesleadsinevitably to financial crises

to a highly depressed economyleadsto a highly depressed economy

a worldwide contraction(passive) caused bya worldwide contraction

the dull compulsioncreatedthe dull compulsion

necessarily to high unemployment , stagnating wages , rising poverty rates , increased gap between rich and poor , and most tellingly of allleadingnecessarily to high unemployment , stagnating wages , rising poverty rates , increased gap between rich and poor , and most tellingly of all

to riots and civil unrest which when that fails , expect a major revolutionleadsto riots and civil unrest which when that fails , expect a major revolution

3 million Greeks to go without health insurance , soaring infant mortality , and an increase in suicideshas caused3 million Greeks to go without health insurance , soaring infant mortality , and an increase in suicides

serious social unrestcould provokeserious social unrest

the downturn in trade in Europe and worldwideis causingthe downturn in trade in Europe and worldwide

the longest and deepest recession for generations(passive) caused bythe longest and deepest recession for generations

to curb the damagedesignedto curb the damage

to continue after the general election in Mayis setto continue after the general election in May

plenty of hardship for ordinary people while funneling profits to elites and corporationscausedplenty of hardship for ordinary people while funneling profits to elites and corporations

in eye - watering cuts to all public services , including the police and Crown Prosecution Serviceresultingin eye - watering cuts to all public services , including the police and Crown Prosecution Service

severe economic stagnation , shocking levels of unemployment and massive capital flight the EU have pushed on with their ideological agendais causingsevere economic stagnation , shocking levels of unemployment and massive capital flight the EU have pushed on with their ideological agenda

from carbon austeritywould resultfrom carbon austerity

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