A statement for May Day 2010 from the editors of the New Socialist webzine.

Attachments:

NS May Day 2010 Flyer.pdf

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By David Camfield and Daniel Serge

Deficits are the difference between what governments spend and what they take in. Governments often claim deficits are the fault of social spending that's too high. But in fact deficits always grow when capitalist economic activity slows down or contracts because tax revenue falls while state spending rises.

Attachments:

Camfield and Serge on deficits.pdf

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By Pierre Mouterde

In the name of "deficit reduction," governments and other public sector employers across the Canadian state are attempting to extract concessions from public sector workers and weaken the services they deliver. The Common Front of Quebec's public sector unions is currently in negotiations for contracts covering 475 000 workers.