http://edition.cnn.com/2013/04/28/world/europe/greece-bailout-layoffs/index.html?hpt=hp_t3
Athens, Greece (CNN) -- Greek lawmakers on Sunday agreed to cut thousands of government workers to secure another 8.8 billion euros ($11.5 billion) in bailout funds.
So, your country is in economic crisis. You will not look at any radical options that would uplift the country for good. You will only consider options that are within currently accepted global norms. You may or may not be taking orders from some other person/organisation/whatever. Unemployment keeps going up (or should I say down?). People hate you. People hate the government. People hate pretty much any and every large corporation. People are super aggro. Small family businesses are closing for insufficient turnover. The world thinks you're stupid. No one can understand how the hell you let it get this bad. You don't really understand either. You're pretty sure that someone understands, and they're laughing their ass off at you right now. You can't sleep at night. You're considering leaving the country. What do you do next?
The answer comes to you in a dream. It seems so obvious - how did you not think of it before? This is what you do:
Athens, Greece (CNN) -- Greek lawmakers on Sunday agreed to cut thousands of government workers to secure another 8.8 billion euros ($11.5 billion) in bailout funds.
The vote clears the way
for 15,000 civil servants to be fired by the end of 2014, the first time
Greece's cash-strapped government has said it will cut its workforce of
about 700,000.
The right to a permanent
position once hired by the public sector had been protected by the Greek
constitution before Sunday, and about one in four Greeks is on the
public payroll. Cutting that figure is part of the loan agreement
between the government and its creditors, the European Union and the
International Monetary Fund.
But the layoffs will be
coming when unemployment has skyrocketed to more than 27%. Previous
austerity measures have cut pay for public workers as much as 30% and
reduced pension benefits.
Sunday's 168-123 vote
came after heated debate in parliament and with protesters gathered
outside. The civil servants union ADEDY said the measure will signify
the end of the country's welfare state, but the three parties that make
up the country's ruling coalition supported the layoff bill.
"We are going through a
very difficult path, but this is going to be a success story," Prime
Minister Antonis Samaras told reporters after the vote.
EU and IMF officials said
earlier this month that Greece is on track to reach its bailout
targets. But each round of austerity measures has fueled
sometimes-violent demonstrations, and critics argue the tax increases
and spending cuts imposed by struggling eurozone economies have driven
up unemployment without spurring growth.
The answer comes to you in a dream. It seems so obvious - how did you not think of it before? This is what you do:
- Cut a bunch of jobs to save money to get a bailout
- Cut welfare and certain other services provided by the state
- Get the bailout
- Pay some debts
- Get charged interest
- Realise that you're now in more debt than you were in before
- Watch people living on the streets
- Watch the crisis deepen
- Note the decrease in GDP and GDI
- Get less tax cos there are less emplyed people able to pay tax
- Note the increase in welfare applications
- Hear stories about women selling their babies for money
- Start drinking again
- Resolve to do something to better the situation
- Cut some more jobs to get a bailout
- Cut more benefits provided by state
- Get the bailout
- Pay some debts
- Get charged more interest than before
- Realise you're in even more debt than before
- Watch houses and shops get boarded up
- Watch people move from inside houses to outside houses in the streets
- Get really drunk
- Cycle continues into eternity
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