- Created: Wednesday, 19 February 2014 14:14
- Written by Juanjo Rivas
Fight Racism! Fight Imperialism! 237 February/March 2014
On 13 January 2014, Spanish President Mariano Rajoy visited the US White House for the first time. The Spanish delegation brought entrepreneurs from major companies to meet their US counterparts, in the hope of persuading them to invest in Spain. Rajoy tried to enhance the figures, which show a slight economic growth of 0.3%. Obama praised the effort but pointed out the challenge of reducing unemployment. The most recent official figures show an employment rate of only 44%, with many of these underemployed. Overtime is unpaid and there is a worrying growth of one-day contracts. The arrogance and corruption of the political class, in conjunction with the appalling conditions in some working class areas are fuelling popular unrest. JUANJO RIVAS reports.