Gotta Balance That Budget Kids

Philadelphia Public Schools have fired 3,783 employees in response to budget cuts. The Teacher Action Group would like to you see their faces.

Meanwhile in Greece, The Shock Doctrine Plays Out

Naomi Klein talks to Lynn Edmonds about Greece, austerity, and the shock doctrine. Lots to unpack, read the whole thing, but here are four crucial thoughts.

Meanwhile in Greece

WINTER SMOG ENGULFS CITIES. People are heating their homes by burning whatever will burn. The Atlantic’s Derek Thompson explains: “Cut from the mountains surrounding Athens, charred in the stoves and fireplaces of middle class homes, and blown through their chimneys, the unnatural cloud hovering over the capital city has become a bleak metaphor for one of the worst economic depressions in modern European history.” The pictures are incredible.

Meanwhile In Greece: Homeless People Are People Who Used to Have Jobs and Homes

Reuters has a nice (nice?) collection of portraits of people living on the street in Greece, and the captions are really well done and respectful, presenting these men as working people who lost their jobs and then their homes.

Meanwhile in Greece

Nothing we have to worry our little heads about because “the United States will never, ever turn into Greece.” Matthew O’Brien explains why, in this executive summary:

[Things are about to get very wonky below, so my editor forced me to sum up things here. The two main conclusions are: (1) For countries that can borrow in their own currency, like the U.S., higher debt doesn’t clearly lead to higher interest rates. (2) For countries that don’t control their currencies, like Greece, it’s borrowing too much from foreigners (NOT borrowing too much in general) that clearly leads to much higher borrowing costs …]

Okay then.

Meanwhile in Greece

New numbers out today! Zero Hedge reports: —26.8% of people who want to be working and are looking for work are unemployed.

—56.6% of people age 15-24 (“YOUTH”) who want to be working and are looking for work are unemployed.

—Both numbers are all-time highs and “perhaps in a few months, the total number of inactive workers (3.34MM) will surpass all those who are working.”

So that’s how that is going.

Meanwhile in Greece: ‘Anger Always Wants a Target’

In Greece, where unemployment is at 27 percent and life is increasingly impossible and miserable, the neo-Nazi party Golden Dawn—slogan, "Greece belongs to Greeks"—has claimed 18 of the 300 parliament seats and enjoys support from 12 percent of the population. The party and its constituents have been blamed for a surge of violent crime against immigrants. ("Anger always wants a target," said the prominent clinical psychologist, Dr Iphigenia Macri. "Golden Dawn provides a target, which is immigrants. It is targeting all that anger and sense of abuse that, collectively, Greek people feel at the hands of the government and state.")

Meanwhile in Greece

Pharmeceutical companies are cutting drug shipments to Greece because public hospitals haven’t paid their bills, and because drug prices in Greece are lower than in other EU countries (“It’s a disgrace. The government is panic-stricken and the multinationals only think about themselves and the issue of parallel trade because wholesalers can legally sell them to other European nations at a higher price.”). It’s working out pretty terribly for patients.

PULLQUOTE 1: “The government has drawn up a list of more than 50 pharmaceutical companies it accuses of halting or planning to halt supplies because of low prices in the country.”

PULLQUOTE 2: “In Athens and Thessaloniki, Greece’s second city, chemists say they are often overwhelmed by people desperately trying to find life-saving drugs. Oscillating between fury and despair, the customers beseech pharmacists to hand over medications that they frequently do not have in stock.”

Back to the Land Craze Hits Greece!

Al Jazeera reports that with 1,000 workers losing their jobs each day in Greece, many people are fleeing cities to work on farms. Alexandra Tricha is a former scientist who now works “growing gourmet snails.” She says: “The work is labour work, it was very difficult for me. I’m a girl, I was raised in Athens, I was having everything done for me. And now I have to dig. I feel like Scarlett O’Hara – the land is my strength, I think that when you have the land you can feed yourself, you can produce anything, you can be happy …. We can’t expect anything from the government, they have proven so many years that they are useless, so we have to do it ourselves.”