1776: The Revolt Against Austerity

Re:1776: The Revolt Against Austerity by dimitar on Tuesday May 26, 2015 @05:55AM (#9603728)

Austerity means reducing government debt by increased taxation and/or reduced government spending. And yet the author talks about slavery, mercantilism, immigration, settlement, representation in Parliament and a lot more. Why put Austerity in the title at all?

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Re:1776: The Revolt Against Austerity by tim333 on Tuesday May 26, 2015 @06:06AM (#9603768)

In the article:

"Britain’s national debt had risen to £122 million, or over 150 percent of the Gross Domestic Product" ... "the British government abruptly changed course."

so the policies were about reducing the debt. The other stuff was part of the policies. I'll give you that the slavery stuff seems a bit distantly related.

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