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Qaagi - Book of Why

Causes

Effects

that the government would abandon its promise to achieve a budget surplus by 2020sparkingforecasts of more austerity spending cutbacks and tax hikes

an eye over the consequences of the economic orthodoxyhas ledto austerity and cuts to public spending

also(passive) are ... setFiscal tightening and austerity measures

Germany(passive) led byausterity and rigorous fiscal control

However , by 1993 , this effort proved to be unsustainableleadingto fiscal austerity and cutbacks of social spending

to get approval for a new $ 4.8 billion IMF loan(passive) have been designedAusterity programs and increased taxes

when a country has a fiat currencycreatingsurpluses and fiscal austerity

slower growth of gross written premium ( GWPresultingfrom austerity measures and weaker spending

the collapse of the once - thriving Celtic Tiger economy and a European bailout(passive) prompted byausterity measures and tax increases

to votes for the Nazi party especially among middle- and upper - classes who had more to lose from themcontributedto votes for the Nazi party especially among middle- and upper - classes who had more to lose from them

to social unrest and significant debate among economistscontributingto social unrest and significant debate among economists

an economic dragcreatesan economic drag

hardshipswill causehardships

factorsare ... contributingfactors

in some improvementhad resultedin some improvement

to student boycotts , school closures , strikes , and union opposition to the governmentsoon ledto student boycotts , school closures , strikes , and union opposition to the government

to widespread protests less than two months agoledto widespread protests less than two months ago

to go into effect on January 1 , 2013setto go into effect on January 1 , 2013

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Smart Reasoning:

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