Austerity

Austere and austerity are interesting words to use and apply in an economic context.Austere means stern,cold,somber,grave,giving little or no scope for pleasure,ascetic.Austerity means enforced or extreme economy,ascetic practice.There is nothing wrong with practicing austerity,but enforced austerity should not be selective and should be enforced equally,don't you think?Austerity for the rich:no pensions,no health insurance,no corporate welfare.That would be different and extremely unlikely.