Austerity - the false narrative set by the media and the politicians

Austerity

The media continue to push a false narrative of sequestration being some kind of austerity program. 

Sequestration affects a maximum of $50bn a year. (Of course it is targeted at entirely the wrong things.)
It will no doubt end up being a lot less than this, it is part of the propaganda war to not reduce government spending. 

The general public are buying the "austerity" propaganda when the large Corporations are still getting handed over $1tn a year of Corporate Welfare.

The REAL austerity program is :- 

The $200bn a year tax hike handed to the middle class and poorer taxpayers in the Fiscal cliff deal

The drop in real wages

The drop in total wages as well paying jobs are swapped for low paid, part time and minimum wage

The rise in food & gas prices due to massive amounts the Federal Reserve is printing. 
$1tn is now being handed to the big banks. 
Half is pure profit for the banks. 

They are speculating with $2tn at the moment. 
Speculating and pushing up the price of the stock market and food & gas. 

$2tn a year is basically being stolen from ordinary people and given to a select few elites. 

Hardly anyone is even aware of, let alone complaining about, the transfer of $2tn a year of wealth to the elites, let alone marching in their millions outside of the White House or Congress to protest about it. 

They public are buying the media BS hook, line and sinker.

See http://ian56.blogspot.co.uk/2013/01/to-anyone-that-supports-obama-i-would.html for what the government and the Federal Reserve are doing and why the EXACT OPPOSITE policies need to be put in place for there ever to be any economic recovery in America.