Government policies that consist of an increase in spending, taxes or both. Meant to boost an economy in recession, it usually ends up depressing it even more.
It's the opposite of austerity, i.e. government policies that consist of a decrease in spending and taxes. Such policies end up recessions much quicker.
It's the opposite of austerity, i.e. government policies that consist of a decrease in spending and taxes. Such policies end up recessions much quicker.
Herbert Hoover and Franklin Roosevelt applied fauxsterity measures by massively increasing spending and taxes, transforming a recession into the Great Depression.
In contrast, Warren Harding applied austerity measures by cutting spending and taxes, and the recession was over in less than two years.
In contrast, Warren Harding applied austerity measures by cutting spending and taxes, and the recession was over in less than two years.
by Gray Sheep December 12, 2014
Get the fauxsterity mug.Lacking sincerity.
A person may try to sound like they care or are interested in something you have confided but it is fake sincerity.
A person may try to sound like they care or are interested in something you have confided but it is fake sincerity.
Me "I have been sick for days."
Them "Oh my, that sucks!" they say with fauxerity and they continue on by talking about themselves " OMG, I had to wear dirty socks today! I had to stay late at work. I...I...Me...Me...Me..."
That person has a bad case of fauxerity!
Them "Oh my, that sucks!" they say with fauxerity and they continue on by talking about themselves " OMG, I had to wear dirty socks today! I had to stay late at work. I...I...Me...Me...Me..."
That person has a bad case of fauxerity!
by bsideco April 22, 2011
Get the fauxerity mug.Related Words
The combination of the words False and Austerity as well as the name of the medieval writer Johann Faust.
Definition: To live in false austerity in an attempt to entice the devil into making a deal.
Definition: To live in false austerity in an attempt to entice the devil into making a deal.
Austere: to live a modest or simple manner. - without luxury
Fausterity in definition, is to live in a manner that is untrue in nature to the act of living in Austerity. Faking out the devil ain't cool.
Fausterity in definition, is to live in a manner that is untrue in nature to the act of living in Austerity. Faking out the devil ain't cool.
by Not Joel McHale December 12, 2022
Get the Fausterity mug.