"...instead of massive job reductions, cuts to education and health care, taxes on the wealthy and corporations should be raised; the banks should be put under public control rather than being bailed out with public money; the public sector should be fully funded and expanded rather than privatized and slashed.
Austerity is when the wealthy attempt to push the effects of their recessions onto the backs of working people, who need only to collectively push back and force the 1% to pay instead."
Context (thank you Buzzflash) - http://truth-out.org/opinion/item/9259-why-us-politicians-are-quiet-about-europes-meltdown
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