Austerity
in example sentence
But in the current crisis, the academic evidence has overwhelmingly shown that fiscal
austerity
does what textbook economics says it will do: the more severe the
austerity
, the greater the drag on growth.
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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