Words similar to austerity

Example sentences for: austerity

How can you use “austerity” in a sentence? Here are some example sentences to help you improve your vocabulary:

Hashimoto has bowed to a "torrent of pressure from the United States, international investors, and elite Japanese business leaders" and swapped his trademark fiscal austerity policies for an economic stimulus package featuring lush tax cuts designed to persuade Japanese consumers to do some spending.
It has taken 25 years since the first big push toward austerity and deregulation in the '70s to seriously erode the liberal welfare state, and there is still major resistance to the privatization of Social Security, significant erosion of Medicare, and so on.
Now that fiscal austerity and higher interest rates have been imposed a more prosperous country could emerge so long as Brazilians stay committed to reform.
The country is basically being run by global corporations that, aside from their direct economic influence on who gets elected and what they do when they get elected (a large aside), control economic policy by essentially saying to politicians on all levels, federal, state, and local, give us fiscal austerity, low taxes, and less regulation or we a) will take our jobs elsewhere and b) won't lend you money.
The trouble was that all that austerity was a hard sell politically--especially because the economy was going into a nasty recession thanks to those high interest rates.