Created: Wednesday, 11 June 2014 11:40
Written by Juanjo Rivas
Fight Racism! Fight Imperialism! 239 June/July 2014
On 30 April, the Spanish Minister of the Economy announced economic growth of 0.4% in the first trimester, and an expected 1.2% for the whole year. He boasted of a reduction in unemployment by just over 50,000 people. He avoided, however, explaining that this is based on a sky-rocketing increase in temporary and low-quality jobs, coinciding with the lowest number of workers on payroll in the last 11 years. Or that the country’s policies of austerity have pushed public debt from 36.3% of GDP in 2007 to 93.7% in 2013. The so-called ‘recovery’ is in fact entirely based on speculative growth, increased exploitation of the workforce and a growing dependency on European capital. From Madrid, Juanjo Rivas reports on Spain’s continuing crisis.
Far from the living standards of the working class improving, the rate of poverty keeps increasing; almost 50,000 families lost their homes in 2013, 11% more than in the previous year. All main industries have carried out mass redundancies and there is a visible decline in the provision of basic public services. For instance, the budget for education has been cut by 30.5% since 2010 and university fees have risen 67% in Catalonia and 58% in Madrid. Families with disabled members have seen most of their benefits withdrawn.
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