Posts Tagged ‘Stimulus’

Women are paying for bankers’ excesses

datePosted on 12:26, February 20th, 2009 by Anita

The recession is spoken about as if it is universal: blind to gender, class and race it will hurt us all. Yet the reality is that groups which are already disadvantaged will pay the biggest price: not only are they they worst affected, but our government is providing them with the least support.

This is not the first time this pattern has occurred, the Asian recession in the 1990s forced women out of the workforce and back into the kitchen, or overseas, or into sex work. This recession is no different, early last year a US Senate committee investigated the impact of the growing recession and reported

These findings clearly demonstrate the severe and disproportionate impact of this recession on women and their families.

Analysis in the UK similarly predicts more severe effects on women. In New Zealand no-one seems to have done the research yet, but there’s every reason to expect the same outcome: women will experience redundancy, loss of hours, and reduced pay at greater rates than men.

So our government’s response? Well there are the tax cuts, which will disproportionately benefit men, there’s the economic stimulus package which appears targetted toward working men and, of course, Tony Ryall’s instructions to the public sector to suppress women’s pay.

National is determined to keep bankers in business, corporates afloat, construction workers busy, and boost the pay packets of the wealthy; women should expect no help as their jobs, hours and pay are cut.