25 February 2010
http://www.wsws.org/articles/2010/feb2010/pers-f25.shtml
With the eruption of the European sovereign debt crisis, a new category has emerged in the bourgeois press—“profligate countries.” Commentaries routinely brand entire populations—beginning with the Greeks but extending well beyond—as having been living beyond their means. They must now suffer the consequences.
The near-universal prescription of liberal as well as conservative politicians and commentators is an unprecedented assault on the jobs, wages and living standards of the working class and the gutting of pensions, health care, education and other basic social services.



















