What unmitigated twaddle. There isn't a single country that has tried government austerity. All they have mustered the courage [?] to do is cut the growth in spending all the while raising taxes on the already-burdened private economy.
True austerity would see government spending cut below current levels while leaving taxes the same or actually cutting them. This author is very, very ignorant of the facts. Of course, the title told us that.
I wonder if these Austeritians have anything in common with the Austrians?