Sentences with phrase «as economic austerity»

Not exact matches

I, therefore, thought that the Netherland's finance minister — a country serving as the key enforcer of German austerity - at - all - cost (as long as the costs are not theirs) policies — showed an incredible chutzpah when he lectured the U.S. Congress last Friday that it would be a real tragedy (sic) if mandated spending cuts were to stifle American economic growth.

Germany's fellow euro zone members are unlikely to welcome the spending blueprint either, as they had hoped the Social Democrats, part of Germany's governing coalition, would steer the EU's economic powerhouse away from austerity.

BERLIN — Despite bitter opposition in many quarters to the austerity - first policies Germany has imposed on Europe's poorer nations, Chancellor Angela Merkel's government has hung on to its role as champion of integration on the Continent through deft use of diplomacy and the country's economic clout.

Stimulus spending ensured that the downturn wasnâ $ ™ t as severe as it could have been and growth was stronger coming right out of the recession, but since then government austerity has slowed economic growth, putting us behind the even the 1990s recovery (see chart below).

He talks to Greg about austerity in Ireland, how US economic policy has affected Ireland, Europe and the rest of the world as well as how the various political parties in Ireland have mishandled the economic crisis.

This monetarist theory has guided Russian economic reform (and its quick bankruptcy) under Yeltsin and his oligarchy, as well as Chile's privatization (and early bankruptcy) under Gen. Pinochet, and the austerity programs (and subsequent bankruptcies and national resource sell offs) imposed by the IMF on third world debtor countries.

THESSALONIKI, Greece (AP)-- Greece's prime minister promised Saturday to deliver economic growth to a country hammered by years of economic hardship, as thousands gathered in protest at more planned austerity measures.

Eurozone officials are unanimous that it means a commitment to financial war against labor — to austerity and yet further economic shrinkage; to faster privatization selloffs (but not to Russians if they offer higher prices, as Gazprom did) and hence higher prices for hitherto public utilities; to no rejection of past insider privatization deals to higher value - added taxes on consumers; and to lower pensions for labor.

But as cities, counties and states compete for economic development, spending on such programs nationwide has climbed into the billions of dollars, even in an era of fiscal austerity.

The character of this suffering moves theological attention to the social systems that shape our lives — economic, political, cultural — as well as to public events themselves (the Holocaust, programs and policies of economic austerity, military intervention, terrorism, ethnic nationalist expression, struggles for survival and freedom).

Labour is struggling to claw back the perception of «economic competence» it needs to persuade voters to give it another chance, even as public opinion has turned against further government austerity.

The Tory «common sense» of austerity, efficiency and responsibility, which has prevailed as the dominant discourse of the prognosis of economic recovery since 2010, has given way to the social - democratic tropes of «growth», «investment» and «demand».

The party's leftist, post-material and socially liberal stance is well - known, and emphasises policies such as opposition to economic austerity and to PFIs to fund public services; higher marginal rates of income tax for the wealthy; a «living wage» for all; and the replacement of VAT with «eco-taxes» such as aviation fuel tax.

A major factor in Jeremy Corbyn's appeal to voters in the recent leadership election — and potentially to the wider electorate as well — was his brave assertion that austerity was the wrong response to recession and was doing absolutely avoidable damage to both economic performance and social cohesion.

The UK government remains committed to austerity measures such as the cap on public sector pay; but in a speech on 20 June 2017 Chancellor Philip Hammond acknowledged public discontent with austerity, and suggested the government would consider increased borrowing to invest in economic growth.

The less obvious but potentially equally devastating factor is that voters may look to the terms of political debate in countries such as France and conclude that austerity is more of a lifestyle choice than an economic imperative.

The recent indicators point to a slower pace of economic activity and the Tory government is about to embark on Austerity Mark II, in nominal terms exactly the same level of cuts and tax increases as the # 37 billion George Osborne announced in 2010.

Unsurprisingly, support for the Tories has diminished as they have made it clear — with Cameron's warning of «an age of austerity» and George Osborne's draconian cuts proposals — that they will ruthlessly carry out capitalism's demands for the working class to pay for the economic crisis.

'' [The LAAA] rejects austerity as a solution to the economic crisis.

First, enshrine tea party austerity as New York's governing economic theory, with tax cuts for the wealthy, spending cuts and corporate subsides of a kind that Paul Ryan would love.

Some small European states such as Latvia, Estonia and Ireland did manage to re-start their economic growth while imposing austerity budgets — but only by ratcheting down their wages and prices, via a big dose of unemployment, until their much - reduced costs sparked an export revival.

At least with Corbyn as leader we can offer a genuine alternative and appeal to voters fed up with ten years of an austerity which owes everything to Tory ideology and nothing to good economic sense.

Jeremy Corbyn hammered home his message that austerity is «a political choice not an economic necessity» in his first major speech as Labour leader.

He is expected to further flesh out his economic vision for Britain 2020, signposting the way a Labour government under his leadership intends to return all of our United Kingdom to the sound economics of public investment so as to bring an end to the years of political and economic austerity.

What is clear is that Vince is determined to present an economically credible, progressive and above all distinctly Liberal Democrat economic platform — as the Tories test their coalition partner's resolve by attempting to legislate for crushing austerity in the next Parliament, his defence of a Lib Dem approach to economic policy will matter more and more.

And whilst Fianna Fail's vote had marginally recovered from their last general election collapse as a result of their own austerity policies and the catastrophic economic situation which saw the public pay the price for the bank bailouts, the population were clearly not returning in significant numbers, and on the contrary were turning against the right wing establishment parties.

Essentially, the economic message delivered in their manifesto is that austerity is necessary as the current debt levels are too high.

As Jeremy Corbyn prepares to mount a defence of his legacy in a fresh leadership campaign, his former economic adviser Richard Murphy accused him of turning the Party into a protest movement angry at austerity «with no clue what to do about it».

George Osborne is to introduce yet more austerity measures as he sticks to his failed economic strategy, but has he costed this tax cut into his budget plans for 2016/17?

But the impact has been much more concentrated in the later years of the economic recovery, as austerity cuts bite, and education salaries actually found a safe haven in the immediate aftermath of the crash — lessening the impact we see today.»

While Van den Dorpel speaks through the specialized language of computer programming and perhaps abstrusely anthropomorphizes variably folk or «traditional» approaches to fine art, his work addresses more universal concerns related to ethics of economic austerity as well as those of inclusion, alienation, and social hierarchies.

'' «Austerity - whacked Europe is rolling back subsidies for renewable energy, as economic sanity makes a tentative comeback,» London Globe and Mail columnist Eric Reguly observed.

Increasing consumption based policies would also be helpful so long as they don't go too far and break economic systems (advocating radical degrowth is tantamount to austerity and would cause severe systemic fractures).

Regarding old measures, the Greek Government had to revise its promise to cancel many of the austerity measures it heavily criticized since 2010 as an opposition party, agreeing to «refrain from any rollback of measures and unilateral changes to the policies and structural reforms that would negatively impact fiscal targets, economic recovery or financial stability, as assessed by the institutions.»

So ironically it has become tarred with the brush of economic incompetence as opposed to the Tory led coalition which has caused the loss of billions of output since 2010, and removed essential public provision such as civil legal aid, all in the name of a totally discredited economic doctrine — austerity economics.