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In May 2010 our economy had bounced back from the banking crisis and was growing well. In May 2015 the economy is fragile and growth is slowing steadily. This would suggest a change of course is necessary, but we are told that no, we must carry on down the austerity path.
Two stories caught my eye on our website yesterday (12th March), both relating to the effects of austerity on the United Kingdom. The first highlighted in an excellent article by Bernadette Meaden was a reflection on the recent report about the psychological impact of austerity. The second an LSE study demonstrating that young people are highly unlikely to ever earn the salaries of their parents.
"This report directly links cuts to public services with mental health problems... Psychologists are often in a position to see the effects that social and economic changes have on people. We also occupy a relatively powerful position as professionals and therefore have an ethical responsibility to speak out about these effects."
As the first of a developing series offering space for conversation and reflection on how we live together, the Hurtado Jesuit Centre will be looking at topical economic, political and cultural issues in the light of principles and values from Catholic social teaching that can be shared by people of faith or no faith.
The Department of Economics and Centre for Macroeconomics at the London School of Economics is holding a public conversation on Tuesday 20 January 2015 (6.30-8pm) at the Hong Kong Theatre, Clement House, on 'Inequality and Taxation in a Globalised World'.
Before coming to Ekklesia, I worked for many years in social care. I loved the work (mainly in services for adults with learning disabilities), though it was not without challenges. The biggest of which, was the constant scrabble to make money stretch as far as it could. Though this was less evident in the times of plenty than it is in today’s Austerity Britain, I’ve never known a year when we weren’t asked to do a little bit more for the same amount of money. A trend which in the last few years has shifted towards being asked to do a whole lot more for a whole lot less.