Webster’s New World College Dictionary, 4th Edition. The longer it continues the smaller the austerity definition we have to avoid another round of austerity measures. Labour combined an incomes policy with an austerity policy. There is no need for another austerity budget.
Safety campaigners have warned of the dangers of cuts to road budgets under the austerity programme. He thinks that the coalition is going too far with its austerity programme. And then the Government passes the problem on to the people with an austerity programme. But that doesn’t make austerity a successful policy. More recently, government austerity measures have become a concern as healthcare spending is targeted in an attempt to reduce deficits. This was a welcome relief from Cold War austerity. Austerity is a situation in which people’s living standards are reduced because of economic difficulties.
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