The phrase "austerity gap" is correct and usable in written English.
It can be used in discussions related to economics, particularly when referring to the difference between the desired level of austerity measures and the actual implementation of those measures.
Example: "The government is struggling to address the austerity gap, which has led to increased public dissatisfaction with economic policies."
Alternatives: "fiscal shortfall" or "budgetary deficit".
While the Conservatives kept a low profile, the new debates over nativism and isolationism receded, and Corbyn was able to campaign against older enemies: austerity, privatization, and the gap between the rich and poor.
Stephens will be drawing parallels between that period and our own age of austerity, uncertainty and widening gaps between the rich and poor.
However, there is hope that the Young Londoners Fund, city mayor Sadiq Khan's recent injection of £45m to combat youth crime in the capital, will start plugging the gaps that austerity is widening.
The hall loved his promise to pursue companies aggressively to pay tax; his promise to build homes for all homeless families; to end the pay gap; to reject austerity.
But markets will be watching these others closely to see if austerity effectively closes current budget gaps.
But the union looks increasingly unappetising – nuclear weapons on the Clyde, hammering disabled people with the welfare reform bill, isolation in Europe, years of grinding austerity, one of the biggest gaps between rich and poor in the developed world.
But the result was runaway inflation, a big trade gap and eventually the austerity package introduced last March.
He said that austerity measures continue to widen the gap between policy and practice so "those most at risk in prison are quite literally falling through the gaps".
A yearning for plain speaking over soundbites is evident, as is a hunger for a full-throated alternative to the reinvigorated Tory government over austerity, social security and the wealth gap.
Inflation is also running low in Europe, where some countries are imposing harsh austerity measures to pare their budget gaps.
