Another Reason To Dump The System

Heralded as a success story for austerity, Spain reports that it is on track for a 3% growth this year and has created one million jobs since 2014. Critics point out that the majority of the new jobs are part time and low-paid. Spain lost 16% of its jobs and 7% of its GDP and the poorest 10% lost 13% of their real income. For example, a forklift operator recently got called back for one week's work and was shocked to see his pay had dropped 35%. The labour reforms that the government enacted while workers were in a weak position makes it easier to dismiss employees and wages dropped accordingly. There is little to be done to fight capital when a recession is on. Another reason to dump the system. John Ayers.