[G]iven our inability over the past two decades to deal with an unbreakable chain of unemployment, debt, inflation and no real growth, we have drifted farther and farther out into a cold, unfriendly, confusing sea. The new certitude of those in positions of authority - those out of the water - is that the certain answer is to cut away the life preservers.
About this quote
- What does it mean?
- Leaders suggest cutting support during an economic crisis.
- In plain terms
- Officials want to reduce help when the economy is bad.
- What can you take from it?
- Policies should not remove support during crises.
Where it applies
Putting it to work
Questions to consider
- What protects people in crisis?
- Is austerity right?
Another view
Some argue cutting spending stimulates growth.
More from John Ralston Saul
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