Sentences with phrase «then government austerity»
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).
http://www.progressive-economics.ca/ Not exact matches
Voting for Corbyn then becomes a free hit: if Labour can not become a party of government any time soon, why not make it a more effective party of opposition that takes on the Tories» austerity agenda and unite it on that basis?
The Public Accounts committee gave its verdict today on the 2007 spending review today, arguing that if lessons in getting value for money are not learned from that process then frontline services are at «serious risk» under the new government's austerity drive.
But if the government and its officials decide to be part and parcel of the austerity measures, then the masses will be ready to join hands with the political class in salvaging the nation from the economic ruin starring us in the face.
After one austerity - related announcement in 2011, when the government announced steep spending cuts, suicides surged by over 35 percent, an increase that was then sustained through to the end of the study in 2012.
Then again, as some folks have highlighted recently, even austerity talk in Europe seems pretty much an illusion — did you know it apparently means to «generally increase government spending at a slightly slower pace `..!?
In 2010, George Osborne presented an austerity budget to the House of Commons claiming that the country faced an economic crisis with an unsustainable public debt, then at 64 % of GDP, and a huge deficit, and that this was the fault of the outgoing Labour government, which had caused the 2008 financial crash due to profligate public spending.
A few years ago, the EU put Greece under a severe austerity program, but it did nothing but anger the Greek citizenry, who then recently elected a left - wing government that promised them a more splendiferous future.