United Kingdom
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There have been many studies suggesting austerity measures do not provide real improvement and may trigger downward economic spirals. Cutting benefits is an attempt to provide an underpaid workforce to corporations siphoning wildly unequal shares of profit off the wider population. A thing which also leads to downward economic spirals. So it is not different in the least to the Conservatives, neither party places the welfare of the majority of its constituents above that of business.
All austerity measures do is increase the wealth concentration to the richest of the rich.
When they cut winter fuel allowance do you think their own homes went cold. When they cut benefits do you think they will cut their own tax payer funded expenses, because expenses is just another word for benefits. Everything you need to know is right there in those two questions.