Austerity in example sentence

Lagarde was apologizing for the IMF’s poor forecasting of the United Kingdom’s recent economic performance, and, more seriously, for the Fund’s longer-standing criticism of the fiscal austerity pursued by Prime Minister David Cameron’s government.

More example sentences with word austerity

People say we should call it the fiscal slope, or we should call it an austerity crisis, but then other people say, no, that's even more partisan.

What followed were the most difficult decisions in my life, painful to me, painful to my countrymen, imposing cuts, austerity, often on those not to blame for the crisis.

And our fears led to a blind faith in the orthodoxy of austerity.

Well, a convenient but unfounded stereotype that sometimes hurt even more than austerity itself.

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