Sentences with phrase «doses of austerity»

And so increasing doses of austerity were administered while the debt grew larger, forcing creditors to extend more loans in exchange for even more austerity.

Britain needed a Budget for jobs and growth but we got cash for the rich and a dose of austerity for ordinary people who've worked and saved all their lives in the hope of enjoying a comfortable retirement.

Not exact matches

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.