Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-05-22-Speech-2-406-000"

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"Mr President, Commissioner, reality is confirming the disastrous consequences of so-called austerity. As in Portugal, unemployment is hitting historic levels and spreading, regardless of the rhetoric about growth and employment served up at the table of the European Union’s rulers at their informal dinners; the same dinners at which they applaud the virtuous policies of universal impoverishment, exploitation and penury whose imposition they are rolling out across Europe. Moreover, it is not just the millions of unemployed: it is the millions and millions who are becoming more and more impoverished whilst working. This, in all its cruelty, is the true face of a project that promised harmonisation in progress, but coldly pursues the levelling down of living and working conditions in Europe. This will not be resolved with words or tricks, such as so-called smart austerity or adding protocols to the new fiscal compact, attempting to legitimise that which cannot be legitimised. It will be resolved with a change of course and a profound shift in policy towards creating wealth rather than the wealthy; towards promoting progress and social well-being rather than steps backwards for civilisation. That is the cry echoing through the protests across Europe."@en1
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