How Austerity Is Literally Killing People
Travis Waldron at Think Progress:
Austerity in the United States and Europe isn’t just placing an unnecessary drag on economic growth that has harmed the global economic recovery from the Great Recession. The rapid deficit reduction efforts are also making people less healthy, causing higher rates of suicide, depression, and infectious disease, according to research from Oxford University economist David Stuckler and Stanford University medical professor Sanjay Basu.
HIV rates have risen 200 percent in Greece as it has cut its HIV prevention budget, and the country also suffered its first malaria outbreak in decades after budget cuts to mosquito-related programs.
In a book to be published this week, the researchers say more than 10,000 suicides and up to a million cases of depression have been diagnosed during what they call the “Great Recession” and its accompanying austerity across Europe and North America…
And more than five million Americans have lost access to healthcare during the latest recession, they argue, while in Britain, some 10,000 families have been pushed into homelessness by the government’s austerity budget.