4 ms·
> ... austerity measures, measured as the combination of tax increases and spending cuts... Wikipedia defines the term as either or both of these things. Inves
by trappist 9y ago
> ... austerity measures, measured as the combination of tax increases and spending cuts...
Wikipedia defines the term as either or both of these things. Investopedia defines it as only the latter, and modern political discourse seems to do the same. At any rate the definition seems contentious, and the headline potentially misleading (increase spending to avoid the rise of a catastrophically evil regime).