Krugman rejected this focus on structural reforms combined with fiscal austerity. Premier Zhou Enlai resisted renovation efforts citing a commitment to fiscal austerity. And contrariwise, as government practices austerity, savings shrink and economic instability grows. The 1920s and 1930s were years of economic austerity. Argentina began a period of fiscal austerity in 2012. There have already been protests over the austerity measures. The Conservative Party was elected to office in 1979, on a programme of fiscal austerity. Strategies that involve short-term stimulus with longer-term austerity are not mutually exclusive. The Resolution Foundation described the step as a "significant easing of austerity". As Chancellor, Hammond suggested that the government may begin a reduction in austerity measures. One such is the issue to make public service cuts fair in times of austerity. People Before Profit focused on their opposition to austerity. An example of countries implementing severe austerity measures is Ireland. Unemployment is another variable considered in evaluating austerity measures. The social effects of the austerity measures on the Greek population were severe.