So, they were called austerity cuts. the party that proposed them called them austerity measures. Everyone knew they were attempting to be more...austere....
But they weren't austerity cuts?
Oh, ok then.
Indeed. They fail, virtually every time they are tried. That's the problem with hitching your monetary policy to the train of the ECB.
you can't grasp what austerity cuts are.
Apparently, the Prime Minister of England, England's leading economists and the rest of the informed world can't grasp it either.
Only Rocko can grasp it!
Do you know how absurd you sound?
I reffer you to post #76.