Sentence examples for definition of austerity from inspiring English sources
Again, the British coalition didn't even reduce total public spending by much in real terms (see graph on p11 of this IFS paper).The dictionary definition of austerity that comes closest to the way the term is used by economists comes from Oxford:Difficult economic conditions created by government measures to reduce public expenditureBut that is not quite right.
The £19bn bill calculated by the IFS, a non-partisan thinktank, would be needed to prevent further cuts in spending to government departments whose budgets are not protected, under one definition of "ending austerity".
He calls for a "more grown-up discussion" on spending, noting that the definition of the word "austerity" has now shifted to mean no further increases on public spending.
To focus things a bit, here's a reduced set of countries using the Wolf definitions of growth and austerity: Basically, what we're seeing is the contrast between the forced-austerity periphery and the core.
I headed north, where I'd arranged to stay with a friend who'd also decided to sink into that new, austerity-enforced definition of transient continental life, the weird modern-day decadence of endless AirBnBs and Desperados.
The members of society who, by definition, need more support than others have been chosen to take a disproportionate share of austerity's burden.
The other is a rejection of austerity.
We're doing a lot of austerity!
Still, the age of austerity has begun.
