Not exact matches
Economies are supposed to «solve» their debt
problem simply
by succumbing to
austerity, which is presented as the solution to the
problem rather than a sign of having entered the financially moribund stage.
Spending cuts caused
by the coalition's
austerity drive are driving down ministers» ability to deal with this
problem.
The
problem is that in the bleak landscape of
austerity, where local councils have had their budgets halved since 2010 and are looking at losing another third of their funding over the next four years, a service which isn't even used
by their own residents could start to look like an easy cut to make.
Finding funds for new acquisitions in the age of
austerity is a
problem — a report published earlier this year
by Arts Council England and the New Local Government Network showed that local authority investment in arts and culture facilities has fallen # 236m since 2010.
Two remarkable books that came out this year —
Austerity Ecology & the Collapse Porn Addicts
by Leigh Phillips and The End of Doom
by Ronald Bailey — each makes the case that growth, technology, and accelerated modernization can solve the twin global
problems of poverty and environmental devastation.