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Tag: Europe

The World is Rejecting Austerity – Republicans Push More Austerity in America

aus·ter·i·ty [aw-ster-i-tee] noun, plural aus·ter·i·ties. 1. austere  quality; severity of manner, life, etc.; sternness. 2. Usually, austerities. ascetic practices: austerities of monastery life. 3. strict economy. Austerity is also described in economics, as a policy of deficit-cutting, lower spending, and a reduction…

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