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 ?
Earlier, the government had also announced an austerity plan in the budget for the current fiscal year to reduce the soaring expenditures.
Under the austerity policy, supplementary grants have been fully banned.
Our security forces voluntarily decided to cut the defense budget for the next fiscal year amid an austerity drive launched by the government", he added.
"There is no doubt that Brexit will compound a decade of Tory austerity.
"This means that no agreement has so far been reached among the main blocs on the austerity measures to be adopted by the Cabinet."
austerity is choice, it's which has misery and apart the of our Coun Hetherington ' He added changes to taxes and the benefits system had been 'highly regressive' and said this showed poverty in the UK was a 'political choice.'.
In Austerity: When It Works and When It Doesn't, the central conclusion reached by economists Alberto Alesina, Carlo Favero, and Francesco Giavazzi is one that most modern-day Keynesians and progressives will hate.
Austerity is, plain and simple, living within one's means for normal people.
The security institutions had recommended carpeting of the road so there are no hurdles in the emergency movement of vehicles from the area.The incumbent government is fully committed to adopting austerity by avoiding unnecessary expenditures for saving the government money.
John McDonnell MP, Labours Shadow Chancellor, responding to New Economics Foundation report showing that austerity has suppressed incomes and spending by more than 3,600 per household in 2018-2019, said:
Looking at thousands of fiscal measures adopted by 16 advanced economies since the late 1970s, Austerity assesses the relative effectiveness of tax increases and spending cuts at reducing debt.
GOVERNMENT austerity since 2010 has been worse than cuts imposed by Margaret Thatcher, according to a North East council boss.