{"id":10309,"date":"2011-06-06T07:43:31","date_gmt":"2011-06-06T06:43:31","guid":{"rendered":"http:\/\/www.taxresearch.org.uk\/Blog\/?p=10309"},"modified":"2011-06-06T07:43:31","modified_gmt":"2011-06-06T06:43:31","slug":"changing-course-is-very-unwise-as-they-might-have-said-on-the-titanic","status":"publish","type":"post","link":"https:\/\/www.taxresearch.org.uk\/Blog\/2011\/06\/06\/changing-course-is-very-unwise-as-they-might-have-said-on-the-titanic\/","title":{"rendered":"Changing course is very unwise, as they might have said on the Titanic"},"content":{"rendered":"<p>The attention <a href=\"http:\/\/www.taxresearch.org.uk\/Blog\/2011\/06\/05\/coalitions-spending-plans-simply-dont-add-up-as-some-of-us-have-said-for-a-long-time\/\" target=\"_blank\">given to the letter to the Observer yesterday <\/a>drawing attention to the need for a Plan B for the economy given the obvious failure of the government's economic policy, to which I was a signatory, has resulted in a backlash of comments.<\/p>\n<p>Some are ridiculous: it seems that the best most on the right can do is\u00a0quibble\u00a0about the\u00a0qualifications\u00a0of those who wrote the letter.<\/p>\n<p>But where comment is\u00a0supposedly\u00a0of a higher order, moving on from the level of\u00a0insults\u00a0to the level of supposed insight they're little better. Take this, <a href=\"http:\/\/www.telegraph.co.uk\/finance\/economics\/8558382\/Economists-urge-ministers-to-stand-firm-on-austerity-programme-as-IMF-verdict-on-Britain-looms.html\" target=\"_blank\">in the Telegraph (inevitably),<\/a> as typical:<\/p>\n<blockquote><p>Ruth Lea, economic adviser to the Arbuthnot Banking Group and a former Treasury economist, saw drawing up a plan B as \"incredibly unwise\". She said: \"It's far too early to change course.\"<\/p><\/blockquote>\n<p>No doubt some said that on the Titanic too.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The attention given to the letter to the Observer yesterday drawing attention to the need for a Plan B for the economy given the obvious<br \/><a class=\"moretag\" href=\"https:\/\/www.taxresearch.org.uk\/Blog\/2011\/06\/06\/changing-course-is-very-unwise-as-they-might-have-said-on-the-titanic\/\"><em> Read the full article&#8230;<\/em><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35],"tags":[],"class_list":["post-10309","post","type-post","status-publish","format-standard","hentry","category-economics"],"_links":{"self":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/10309","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/comments?post=10309"}],"version-history":[{"count":0,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/10309\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/media?parent=10309"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/categories?post=10309"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/tags?post=10309"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}