Austerity in example sentence

There is a way out of this trap, but only if we tilt the discussion about how to lower the debt/GDP ratio away from austerity – higher taxes and lower spending – toward debt-friendly stimulus: increasing taxes even more and raising government expenditure in the same proportion.

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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