austerity


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austerity

Economics
a. reduced availability of luxuries and consumer goods, esp when brought about by government policy
b. (as modifier): an austerity budget

Austerity

Amish
conservative Christian group in North America noted for its simple, orderly life and nonconformist dress. [Am. Hist.: EB, I: 316]
Borromeo, Charles
archbishop; lived thriftily; gave money to poor. [Ital. Hist.: Hall, 65]
Cato, Marcus Porcius
(234–149 B.C.) Roman statesman known for conservatism; taxed luxuries. [Rom. Hist.: EB, II: 645]
Clennam, Mrs.
ascetic woman; wears only black. [Br. Lit.: Little Dorrit]
common thistle
indicates starkness. [Flower Symbolism: Flora Symbolica, 178]
Dotheboys Hall
Mr. Squeers’s school: no extras, no vacations. [Br. Lit.: Nicholas Nickleby]
Puritanism
16th- and 17th-century religious reform movement noted for its moral earnestness and austerity. [Br. and Am. Hist.: EB, VIII: 309]
Shakers
celibate religious sect flourishing in 19th-century U.S. [Am. Hist.: EB, IX: 105]
Spartans
residents of Greek city known for its stern dedication to militarism. [Gk. Hist.: EB, IX: 403]
References in periodicals archive ?
Papandreou announces further rounds of austerity which lead to trade unions calling for a general strike.
Austerity is self-diagnostic treatment and cure when the human soul is contaminated the great disadvantage such as anger and hatred and envy and other vices it should be treated with drug abstinence.
Nursing unions in Europe, Latin America, Asia and Africa face similar threats and challenges arising from austerity.
The Portuguese government has carried out a series of austerity and reform measures to meet the deficit reduction targets set by the troika comprising the European Union, the International Monetary Fund and the European Central Bank for their continuous bailout but the government's actions have triggered strong repercussion from the Portuguese.
Demonstrations against the Troika are taking place around Europe on the call originally of the movement in Portugal "Lixe a Troika" (usually translated as "Screw the Troika") under the slogan "People United against the Troika" and movements in the Spanish state against the imposition of the harsh austerity programs by which the Troika pretends to solve the problem of the Eurozone crisis.
New research from Stanford and Oxford Universities suggests austerity is deeply damaging to individuals and sharply increases the number of suicides.
Meanwhile, more than five million Americans have lost access to healthcare during the latest recession, they argue, while in Britain, some 10,000 families have been pushed into homelessness by the government's austerity budget.
These twin mythologies of austerity reinforced each other.
The anchor struck back, pointing to the unpalatable fact that whoever is in charge will have to maintain the same level of austerity.
The minister said the government may have to carry out further austerity measures to meet the new goals, adding that tax on capital gains and dividends would rise.
ISLAMABAD -- The government has taken several austerity measures with an aim to cut down current expenditures during the current financial year (2012-13).
The move coincided with rising public discontent and concomitant protests since the government partially ended fuel subsidies in mid-June as part of wider austerity measures officials say are necessary to cover a budget deficit of 2.