Sentences with phrase «government austerity»

Government austerity refers to a set of measures taken by a government to reduce its spending and decrease its budget deficit. It often involves cutting public services, reducing social welfare programs, and increasing taxes. The aim is to achieve financial stability and reduce the government's debt. However, it can lead to hardships for citizens and impact the economy in various ways. Full definition
Unfortunately, we are destined for population contraction and an age of government austerity that could last for a generation.
Already, though, public opinion has turned against government austerity.
But we do believe that a single united national movement is required to challenge more effectively a nationally led government austerity programme.
Combined with government austerity that started in 2009, you might think the defence sector would be headed for tough times.
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.
What's more, the tide of public opinion seems to be turning against government austerity.
The report highlights serious concerns about the impact of UK government austerity measures on children, with disadvantaged children «disproportionately affected».
Bakers» union president Ian Hodson calls for a general strike against UK government austerity, at the opening of the BFAWU annual conference at the Southport Theatre and Convention Centre.
The Swiss vote was part of a general attack on corporate largesse in Europe, where government austerity has fed a desire to limit Wall Street - style excess in corporate boardrooms.
Government austerity after the 1994 Peso crisis cut national deficits and debt, leaving it well - positioned when the 2008 crisis hit.
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).
Manufacturing capacity expanded just as government austerity measures in Europe eliminated subsidies and undercut demand.
Greek state hospital services faced disruptions Wednesday as staff held work stoppages and protests over government austerity measures and pay delays.
Varney asked Stockman about a New York Times column by Nobel Prize - winning economist Paul Krugman in which Krugman argued now isn't the time for government austerity.
The shares have been weak, like we have seen for many European industrial companies, because investors fear that government austerity programs may precipitate a European recession.
Group chairman Paul Rayner used the firm's annual general meeting to warn that demand for its wines in China was «softening, as a result of the leadership change and well - documented government austerity measures».
The Trust warned that this was only a partial picture of food poverty, and concluded that the rise was due in large part to the impact of government austerity policies that have either reduced or delayed benefit payments.
To protect taxpayers and preserve Oneida County's hard - won fiscal stability, Oneida County Executive Anthony J. Picente, Jr., today announced an Oneida County Government Austerity Plan that will severely limit spending.
It had seemed that the Liberal Democrats recent approach of differentiation from its dominant Conservative coalition partner on some policies, while sticking to the broad government austerity programme — reconciling the «unity / distinctiveness» dilemma — would reap some reward with voters.
I believe we will re-enter a recession within a year or two — and it might be forced by increased government austerity.
In an era of government austerity and donor fatigue, social enterprise has been hailed as the saviour of the charity sector.
A study by the IRIS institute has determined that a $ 7B gap was created between men and women due to government austerity measures alone.
It's not just Iain Duncan Smith who is opposing George Osborne - the tide of public opinion seems to be turning against government austerity.
Instead, the government waved a feeble hand some old budgetary straw dogs — freezing MP salaries and departmental budgets, while instituting yet another expenditure review in search of the twin mythological beasts of government austerity and increasing efficiency / eliminating duplication.
Government austerity turned into a speed bump last year for Navistar, which makes military vehicles, as well as school buses and long - haul freight trucks.
You might be surprised to find a defense contractor on a list of best stock performers in this climate of government austerity, but Huntington Ingalls Industries isn't just any defense contractor.
CanadaWorks 2025 presents three scenarios for our national economy in the year 2025: one in which mining and energy revenue aggravates wealth disparity; a «lost decade» of sluggish growth and government austerity; or the «Northern Tiger» that roars with a combination of infrastructure investment, immigration reform, labour flexibility and education modernization.
Certainly, there are significant headwinds that will not abate anytime soon, including an aging population, government austerity, the worst income inequality in nearly a century and more than four million long - term unemployed workers.
Government austerity, tight credit conditions, and high unemployment continued to temper consumption, causing consumers to trade down to lower - priced snacking options.»
Money allotted for free council newspapers may become a victim of government austerity, Eric Pickles has announced.
But in a period of government austerity some are questioning whether Freilich, 59, is a necessary asset to the State Police.
And he feels that the ERC grant has helped him gain national and international visibility and recognition, despite the fact that government austerity measures in Portugal over the past few years have made it nearly impossible to secure a permanent university position, even for ERC grantees.
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