{"id":13621,"date":"2012-01-14T09:59:01","date_gmt":"2012-01-14T09:59:01","guid":{"rendered":"http:\/\/www.taxresearch.org.uk\/Blog\/?p=13621"},"modified":"2012-01-14T09:59:01","modified_gmt":"2012-01-14T09:59:01","slug":"its-darned-annoying-when-s-p-get-it-right","status":"publish","type":"post","link":"https:\/\/www.taxresearch.org.uk\/Blog\/2012\/01\/14\/its-darned-annoying-when-s-p-get-it-right\/","title":{"rendered":"It&#8217;s darned annoying when S &#038; P get it right"},"content":{"rendered":"<p>Justifying their Eurozone downgrades yesterday S &amp; P said:<\/p>\n<blockquote><p>As such, we believe that a reform process based on a pillar of fiscal austerity alone risks becoming self-defeating, as domestic demand falls in line with consumers' rising concerns about job security and disposable incomes, eroding national tax revenues.<\/p><\/blockquote>\n<p>It's darned annoying when they get it right.<\/p>\n<p>For two years austerity has been driven through to supposedly please S &amp; P.<\/p>\n<p>Now they say it's wrong.<\/p>\n<p>It's a shame Ed Balls didn't wait a day to build this into his new strategy to be announced today - I hope the script writers have had time to change his speech to the Fabians.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Justifying their Eurozone downgrades yesterday S &amp; P said: As such, we believe that a reform process based on a pillar of fiscal austerity alone<br \/><a class=\"moretag\" href=\"https:\/\/www.taxresearch.org.uk\/Blog\/2012\/01\/14\/its-darned-annoying-when-s-p-get-it-right\/\"><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-13621","post","type-post","status-publish","format-standard","hentry","category-economics"],"_links":{"self":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/13621","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=13621"}],"version-history":[{"count":0,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/13621\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/media?parent=13621"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/categories?post=13621"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/tags?post=13621"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}