Sentences with phrase «austerity means»

Amid questions about what German austerity means for the Mediterranean way of life, and a refugee crisis straining relations among European nations, the Cadaqués exhibition showed how artistic influence and legacies transcend rhetoric, politics, and nationalism.
Austerity means the UK hasn't had any real fishing policy for years, for instance on the concentration of quotas into ever - fewer hands.
But when there are still millions of people in this country living in poverty, and when the age of austerity means we must focus on the real priorities can we honestly say it's right for people earning over # 50,000 a year to get state benefits in the form of tax credits?
If you didn't major in economics or you have no clue what austerity means, read on to find out how this fiscal program works.
Indeed austerity means an almost puritanical self - discipline.»
Here in our Outlook 2011 special report you'll find insight into what some say is a forming dot - com bubble, what austerity means for global economic development, some RRSP advice, an investigation into the fuss over gold and more.
But while there may be more jobs for graduates, the lingering effects of the slump and continued austerity mean that those first graduate pay cheques remain depressed.

Not exact matches

meaning a wage - price deflationary spiral becomes a significant possibility — especially with an implacable austerity faction in control of one House of Congress.
While deficit reduction may take a back seat at the Treasury under Hammond, it does not necessarily mean the end of austerity in terms of welfare spending.
We discussed Google's priorities, what Alphabet's «new austerity» means for M&A, and whether artificial intelligence (AI) startups are selling snake oil.
In a country that has imposed tough spending controls and austerity measures on all government departments, investing in the future means getting at the end of a very long line.
Canada was able to eliminate its deficit in three years without plunging into recession, he says, because it was largely alone in pursuing austerity, which meant a big lift from a strong global economy.
«Used to describe fiscal restraint,» he wrote, «austerity — you would think — means austere: A word (from Latin and Greek) that expresses sacrifice.
But that would mean another round of mild fiscal austerity that would weigh on growth.
As Scotiabank mentioned in a note last week: «Higher interest rates are going to make the burden of refinancing the debt considerably heavier, and as more money goes into servicing the debt, it means less money is available to spend on other things, which could lead to less infrastructure spending and increased austerity
I mean, literally not only have they, as a population, been cut to no social safety net, no social security, yet the Syriza government keeps getting supported, elected in referendums, and they seem to be able to maintain power in spite of these austerity measures.
Tsipras is campaigning for a no vote in the referendum on Sunday, which is officially on whether to accept a tough earlier bailout offer, to impress on EU negotiators that spiralling poverty and a collapse in everyday business activity across Greece has meant further austerity should be ruled out of any new rescue package.
Concretely, this means rejecting austerity economics in favour of investment economics.
To the IMF and World Bank, «austerity» means cutting back domestic income mainly wages to pay foreign creditors.
In the European context, this means targeting unemployment and wage stagnation as opposed to fiscal austerity.
Either it means that other members of his party — the finance minister, who is against the referendum — will come in and not hold a referendum at all, and try to keep Greece on the austerity plan, or there will be a fall in the government, a no - confidence vote, and people will presumably vote for the Conservative Party, which is very much like the Republican Party in the United States.
Who is the man taking over from Wolfgang Schäuble and what does this mean for Germany's austerity stance?
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.
Given also the need for an austerity budget to comply with European rules, growth is likely to weaken, meaning the protest parties will continue to strengthen and may well be strong enough to take over in a couple of years.
Despite the difficulties endured during the era of post-Lehman austerity, commercial and private - sector debt levels are low: Nonperforming loans are below 5 % and the banking system, unlike those of Poland or Hungary, did not have to tackle the fallout from high levels of foreign currency loans, because low interest rates and a stable Czech koruna meant these weren't taken up in large quantities.
«It's helping us to think through what it means to be a Christian in a country where we have refugee issues to deal with, where the political landscape is going to change, where there are issues brought to the front because of austerity».
Many young - bucks of godlessness and the ungodliness tenders to avail themselves with the nailed doldrums» sciatica and they do abound with much societal unpleasantries toward the abaters of commonly wanton deniabilities against them, those ungodly and godless beings of smirked violaters of randomized intention - abilities meant only as austerities subversions.
So any austerity imposed by the new stadium debt will, at most, mean business as usual.
Under the severe fiscal austerity that school cafeteria administrators operate under, pinching those three pennies is a rational decision, even if it means subjecting children to ammonia - ridden slime that may contain pathogens.
The gloomy headlines about life in austerity have become all too familiar reading over recent years, but what have the pressures on household budgets really meant for family life, and could some of the long - term impacts have been hidden from view behind the front door?
Nonetheless, the only means of improving services in an age of austerity, enabling more citizens to experience and achieve excellence, may be precisely to tolerate greater variance in outcomes.
Going into government with David Cameron and George Osborne meant signing up to the Tories» more brutal approach to austerity.
On top of this, it's important to note that «austerity» is a means and «growth» an ends; while austerity may never have been a well - defined policy position, growth certainly isn't either.
So while the slogan «austerity has failed» might sound good, in reality we a) don't really know what «austerity» means, b) even if we could define it we don't really know if it's been tried or not, and c) even if we could claim it's been tried, we couldn't really say if it's failed or not.
After stimulus the next response was «austerity», though again as noted above this has meant different things to different people.
For Jackson and McClymont, shifting the discourse away from «austerity» and public spending reductions will mean Labour can fight the election on their terms.
It's perfectly possible to argue that if the Chancellor had hit his deficit elimination target by last year — as the coalition had promised — the extra austerity would have meant the Tories wouldn't now have a Commons majority.
It will support austerity and will focus on capturing the political centre ground, though what this means will need to be considered carefully.
But the failure of the Government's austerity plan means that the next Labour government is likely to inherit a deficit that still needs to be reduced.
The plan means a two - year freeze on benefits and tax credits for about 10m households, many of whom have already borne the brunt of austerity.
TUC general secretary Brendan Barber asked: «Don't they know that this is meant to be austerity Britain?
For Ed Balls, the American experience had been the most useful comparison; President Obama's emphasis on stimulus had meant healthier growth than the anaemic version in austerity Britain.
In real figures, this means austerity has cost women # 79 billion, as opposed to # 13 billion over the past seven years.
The gambit, unveiled by George Osborne in today's Budget statement, will mean Ed Miliband and Ed Balls will have no choice but to reveal their position on future austerity.
This does not mean that austerity isn't hurting children in poverty.
2017 was meant to be the identity election but turned into the austerity election.
The austerity government, with its mean - spirited and ideological rhetoric on welfare and love of privatisation, has created the perfect environment for Scottish independence to thrive.
On 4 January 2011, the current chancellor, George Osborne introduced a 20 % rate — a centrepiece of the coalition's austerity drive — meaning in 40 years the tax rate on goods and services sold in the UK has doubled.
«The Tories are hoping that the British people can be kept in the dark about what the tax increases they are planning will mean for those on middle and low incomes, who have had to bear the brunt of seven years of austerity.
Osborne's forecasts of continued austerity in the next parliament, a media and public discourse which continues to harden public opinion against claimants, and an ongoing failure to fix underlying causes of social security spend — by building houses and creating well - paying jobs — all mean that our social security system is heading in the direction of much more short - termism.
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