Caution! The site can't guarantee, that text has age permission. The site is not recommended, if you are less than 18 years old.
The site shows example sentences for English words. How the word or phrase could be used in a sentence?
" ... Which brings us to that expansionary austerity argument. Those of a more Keynesian cast of mind have successfully managed to paint the idea as one that says roughly this: if we cut government spending then the confidence fairy will make the economy expand. And there's even a few people out there (mainly associated with the Bundesbank and ordoliberalism but then everyone knows they're odd) who do actually believe this. But that's not expansionary austerity actually was at all. Rather, it was simply the statement that if you have enough monetary offset then you can indeed expand the economy even while being austere with fiscal policy. Something which everyone now seems to be agreeing was actually done. Do note this doesn't mean, not necessarily, that things wouldn't have been better with expansionary fiscal policy. But it does show that if there is enough room for monetary policy then it can indeed work. ... "