Their analysis found a clear tendency for austerity programs to reduce consumption expenditure and weaken the economy. That conclusion, if valid, stands as a stern warning to policymakers today.
他们的研究发现紧缩政策具有减少消费支出并削弱经济的明显趋势。这个结论如果是正确的话，那么政策制定者们就要小心了。