British politician — Chancellor of the Exchequer (2010–2016) under David Cameron — former editor of the London Evening Standard — architect of British austerity policy post-2010 — who implemented the most significant UK fiscal consolidation since the 1970s.
Implements the British austerity program — Osborne's fiscal consolidation (reducing the deficit from 10% to 3% of GDP through spending cuts) was the most substantial peacetime fiscal adjustment in British history and became the primary case study in the austerity vs. stimulus debate.
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