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States, too, slashed spending.
Even as the global economy contracted, the government slashed spending.
Thousands of businesses went bust as the government slashed spending.
To get the federal debt down, they jacked up taxes and slashed spending.
Many counties have slashed spending and cut jobs while reducing services to close the gaps.
Because many players in the economy slashed spending at the same time, while relatively few players were willing to spend more.
Congress has slashed spending on social programmes in next year's budget something which even some Colorados said was irresponsible.The president's troubles have cost him popularity.
Owen Paterson has been accused of "incredible complacency" over climate change after new figures showed his department has slashed spending on helping Britain cope with global warming.
As a Senate candidate, Ms. O'Donnell has tried to de-emphasize social issues in favor of the Tea Party standbys of small government, deficit reduction and slashed spending.
But anyway, the story now is that Sweden has slashed spending and cut taxes, and is doing great; supply-side economics vindicated!
"You had companies throughout the world that suddenly had serious concerns about access to capital, and they slashed spending and cut workers well beyond any connection to demand.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com