On Sunday – tens of thousands of Spaniards took to the streets in over 50 cities across Spain to protest against their new government’s trickle-down austerity measures. Spain has been especially hit hard by austerity – with an unemployment rate now at 24.4% - the highest in the Eurozone – more than half of all Spaniards under 25-years-old are unemployed – and the economy is officially in another recession.
Spanish labor organizations are calling for a second day of mass demonstrations around Spain for Tuesday – International Workers Day. As technocrats and banksters continue to cut budgets to the bone – creating larger deficits, massive unemployment, and soaring suicide rates – working people are fed up.
The backlash against austerity is just getting underway – stay tuned.