austerity program


(economics) when a government has to restructure spending by m-ssively cutting social programs, development programs, and subsidies on basic necessities. often accompanied by taxes increases, especially on lower incomes (since the poor cannot escape tax hikes).
usually we use the term “austerity program” when the government in question has to backtrack on its ideological commitments. an example of this is france, after june 1982. the socialist government of mitterrand had just implemented a raft of major new social welfare programs, and was promptly forced to cut everything back when the deficit ballooned.

Read Also:

  • bleedingly

    similar to “blatantly” it has become bleedingly obviously that the majority of the people in my lecture cl-ss are idiots.

  • Dan J. Sharp

    creator of websites dedicated to tv programmes, such as sharpiesscrubs.tk and sharpiessouthpark.tk you seen this new website by dan j. sharp?!

  • Pleasure Pounder

    a girl wit a fat -ss badonkadonk thats good for a pleasurable pounding look at the pleasure pounder on dat ho! i wanna get me sumadat!!

  • PLEE

    an irish bear who eats bananas on sat-rday morning omg he is plee and he eats bananas on sat-rday mornings 1. a gangsta dawg of asian decent who resides in the 305 known for his ruthless style of runnin his hood 2. a highly educated, dignified, and handsome young scholar born in the dayton, ohio […]

  • Dark Lord of the Friend Zone

    an otherworldly pan dimensional being of such infinite prowess that they have mastered all known aspects of the metaphysical consciousness altering s-xless void, known as the friend zone. he has shattered all pre conceived notions of barriers, limits and rational ability considering all relations, religions and retaliations concerning the female s-x; or s-x at all. […]


Disclaimer: austerity program definition / meaning should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional. All content on this website is for informational purposes only.