Outside of parliament, they are protesting the austerity regime of Prime Minister Rajoy. Since austerity measures have started, there have been cuts to some of the most important programs for the poor, and no improvement in employment. In fact, Spain’s central bank this week warned of a “deep recession.” Below is footage from the protests.
Why are the people angry? Because the entire purpose of the economy has shifted from making sure people have what they need to survive, to making sure bankers make as much money as possible, no matter what risks they take. In order to bail out the bankers who caused the crisis, the Government is willing to sacrifice medical care, assistance, jobs, mental healthcare and anything else — so long as it helps the poor, not the rich. And not only have these cuts measures led to a declining quality of life, increasing suicide rates and homelessness, they simply aren’t improving the economy.
At the same time, Catalan President Artur Mas is threatening an independence referendum if things don’t improve — and Catalonia doesn’t receive more bailout funds — which would mean Spain loses one of its largest regions and economic powerhouses. RussiaToday reports.