Austerity is not necessary, and in the history of humanity has never reversed a recession.

Austerity is not necessary, and in the history of humanity, has never cured a recession.  So why do we have austerity measures?  What possible reason is there for a political policy that cuts away funding on public services, health, education, housing, defence?

The answer is found in the philosophy that underpins the current government; it's caled neo-liberalism.  In the 1980s economists called Hayek and Friedmann said that it would be better for everyone if individuals were allowed to do whatever they could to make money, in effect creating an entrepraneurial society.  Political leaders such as Ronald Reagan and Margaret Thatcher were keen and went all out to foster these ideals in their own countries.

For the neo-liberal ideal to work, everyone the world over must be driven to want to make profit for themselves and the founders of the idealogy insisit for this to be a possibility certain conditions must prevail:

1. lower tax rates for individuals and corporations (Coprorations and wealthy inividuals have been dodging these for decades).
2. reduced union power (government is attacking unions at present).
3.cut welfare bill (cuts to the state are happening daily now).
4.don't worry about budget deficits (under Osborne they have gone up, even though he states that austerity is going to reduce the UKs budget deficit).
5.Aggressiveley defend free markets (privatisation, TTIP).

So we have a government hatched plan, austerity, that is designed to cut the interference of the state in the individuals persuit of profit.  Wherever austerity has been tried in the world, poverty deepens and the rich get richer.  A gulf opens up between rich and poor.  A lot of bad feeling is therefore created.  Do we want Austerity?

"RBS Shares sold for £1 billion pound loss over night as tories kick-off state sell off bigger than Thacher"

Just to unpack this headline: shares in a bank that was bailed out by the British taxpayer whenit nearly went bust were sold off to wealthy bankers at knock down rates.  The upshot is that those same bankers, probably some of whom nearly bust the bank in the first place, are set to make massive profits, profits that have been subsidised by the British taxpayer.  Yet again the wealthy have screwed the working people of this nation.  Once again the 1% or so (capitalist class), with most of the wealth, have syphoned off some more of the money that has been earned by the hard work of the 99% (working class). 

These stunts are happening all the time.  This is not an isolated incident.  It is a strategy that is designed to shift wealth up to those few who already have most of it in the first instance.

What can be done?  Look, understand how they swindle and cheat, and tell everyone you meet about it.  When the 99% get wise, the 1% will face what's coming to them; having to share.