Sentences with phrase «force austerity»

The unintended consequences of a force austerity are pretty easy to predict, cheating, unrest, rebellion.
Britain has reacted warily to a bailout deal which opponents say will force austerity on Greece for years to come.
Then came a period of forced austerity for AFC.
We will return to true greatness, winning cups, leagues etc but as you quite rightly say, we've only just begun that journey again after 10 years of forced austerity to build the necessary infrastructure giving us the sustainable financial power to do so.
The global economic crisis, largely created by the various entities we want to tax, has forced austerity measures in both the European governments and the United...

Not exact matches

Athens was forced to adopt severe austerity measures that plunged the country into a deep recession.
People protest in New York City on Dec. 2, 2015 against austerity measures forced onto the severely indebted island of Puerto Rico.
Bond holders, banks, and IMF bear responsibility for having made irresponsible loans to Greece, so it is not right for them to force yet more austerity on Greece, says Michael Hudson.
The Republicans forced unprecedented fiscal austerity on the economy.
Then the crisis rolled through various countries, widening the deficits to a point where the budgets broke, forcing dramatic austerity and bailout packages.
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.
The situation becomes worse as the government borrows from the IMF and is forced to enact an anti-Keynesian austerity program.
And internationally, debt - ridden economies are subject to pressure from inter-governmental institutions such as the IMF and European Central Bank to impose fiscal austerity on their labor force, cut back public spending and even sell off public enterprises.
They urge economies to submit to financial austerity by sanctifying debts rather than saving themselves and their labor force at the expense of debt and savings trends.
California is just now starting to recover from a massive budget deficit that forced new taxes, tax increases, and austerity measures to make up the shortfall and prevent a statewide government collapse.
More than half, or 52.4 percent, said they should stay in the euro if they were forced to accept the current austerity measures tied to the bailout, while 44.5 percent said they shouldn't.
Previously, Greece appealed for a bailout and was forced to use severe austerity measures.
Local resident Marian Kamlish, 92, said: «In times of austerity, this vanity project is an insult to those in the NHS, in education, in the fire services and the police force, all suffering cuts while this rich man's railway sucks up our money.»
After weeks of protesting against austerity measures being forced upon the Greek people it seemed only a matter of time before such action spilt over into the world of football.
The public is also well aware that, in a time of austerity, maintaining a large and active armed forces costs money — and people always prefer to spend money on domestic priorities where a choice has to be made.
Austerity has been forced on ordinary people because of the colossal errors of the banking elite.
This is unlikely to make them very receptive to accepting the need for more austerity - as the Lib Dems and Conservatives have been forced to - by offering joint spending plans to 2017/18.
The EU has imposed austerity packages on its own member states forcing privatisation, welfare cuts and unemployment.
It should send a message to the high rollers in banking that bonuses are unacceptable while ordinary people suffer the austerity forced on them by the colossal errors of the banking elite.
Tory members give strong backing to the Chancellor's decisions on (a) child benefit, (b) investment in capital projects, science and apprenticeships, (c) the crackdown on waste, and (d) forcing the BBC to share in austerity.
Unable to access credit on bond markets, many of these countries were forced to accept IMF bailouts in exchange for blistering austerity measures.
«This Autumn Statement is a humiliating climb - down for a Chancellor in denial who is now being forced to admit the failure of his austerity experiment.
As Miliband was unable to dispel the public perception that the financial and deficit crisis that hit Britain in 2008 had been caused by Labour's overspending, he was forced to accept — albeit reluctantly — some form of austerity.
The Opposition forced a vote for today on the end of austerity measures (not all) in regards to pay cap on public sector jobs.
After forcing Labour to endorse austerity, Osborne used his last budget speech of this parliament to suggest that he is not even that bothered about the deficit.
Mr Baron argued that saving the euro could make the recession worse, as it forces countries to adopt severe austerity packages instead of considering the alternative of revaluing their currency.
On austerity, on public services funding and, perhaps most consequentially of all, on Brexit, a damaged and diminished prime minister would now surely be forced into a change of course.
In this climate of austerity and the need for public sector cuts, when so many are worried about the possibility that nurses, teachers and other such essential workers will be forced out of work as government tightens its belt, it is worth noting that # 2.8 billion of taxpayers» money was spent on consultancy fees in 2005 - 06 alone.
Hammond has loosened Osborne's fiscal rules, but he will press ahead with most of the pre-planned austerity measures — though the tax credits rebellion forced the government to promise not to look for fresh savings from the welfare bill in future years.
He warned that without federal action the island will be forced to make severe austerity measures that will hurt both the Puerto Rican people and the national economy.
Dame Elisabeth, who was originally a strong advocate for the Big Society said the coalition's austerity drive was undermining the idea, however, by forcing cuts to volunteer activities already in existence.
Since forming the coalition in 2010 the coalition has been forced to accept its already harsh austerity plans will have to be extended long beyond 2015.
At a time of economic austerity and unemployment how does making 1,500 disabled people redundant fit with the government's determination to force those same disabled people into work and claims that «we're all in this together»?
It is a policy that former environment minister Chris Huhne adopted before he was forced to resign and one that has dissipated under George Osborne's austerity programme.
Those communities have taken the full force of austerity... Those areas that have the deepest poverty, the highest levels of unemployment have also had the biggest cuts in central government support.»
The SNP has unveiled its election manifesto, setting out an «alternative to austerity» and positioning the party as a force for UK - wide change.
Osborne told MPs that lower growth over the next five years had forced him to extend the Treasury's austerity programme another year to 2018.
Johnson said adding together the budget cuts covering the eight years of austerity from 2010 to 2018, some departments could be forced to provide services based on a cut of 40 % or more in their budgets.
On Sunday, Andrew Cuomo staked his claim to a new Democratic path, between confrontation and capitulation, left and right: progressive austerity, achieved through equal parts brute force and seduction, bringing business, labor, and politicians together to work it out semi-peacefully.
We could actually WIN the next one — but with a still massively entrenched irreconcilable neoliberalism entranced PLP Right / centre right majority and hostile Right controlled Party machine, and too many local Labour councils dominated by corrupt and / or careerist, Austerity implementing, family - based cabals, a Labour Party elected on a radical Left Keynsian manifesto such as the current one later this year, would be carved up and broken by internal treachery and market forces pretty much as quickly as Greece's Syriza government was.
Over its first couple of years, Lib Dem wobbles and the European meltdown forced the coalition's austerity programme front and centre in political debate.
If Gov. Cuomo's signature tax cut stands, a family making $ 40,000 this year will pay the same tax rate as one that makes $ 40 million a year, forcing more and more service cuts on top of those that have already been leveled over the last three years of austerity.
The new leader concluded by saying the poorest were suffering a terrible burden of austerity and have seen their wages cut or are forced to rely on food banks under the Conservatives.
Austerity may help fuel the demand for a second referendum, but that still doesn't tell us how the SNP can move from being a social democratic (or social liberal as Gregor Gall argues) force, to one that embraces fundamental social change.
Portuguese director Miguel Gomes (Tabu), furious at the harsh 2013 austerity measures that forced millions of his country mates into poverty, has fought back with a surreal and boundlessly creative trilogy of movies that express his rage.
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