{"id":60982,"date":"2022-01-04T09:27:31","date_gmt":"2022-01-04T09:27:31","guid":{"rendered":"https:\/\/www.taxresearch.org.uk\/Blog\/?p=60982"},"modified":"2022-01-04T09:27:31","modified_gmt":"2022-01-04T09:27:31","slug":"fewer-than-20-of-economists-think-that-there-are-grounds-for-optimism-in-2022-the-rest-are-more-closely-attached-to-the-real-world","status":"publish","type":"post","link":"https:\/\/www.taxresearch.org.uk\/Blog\/2022\/01\/04\/fewer-than-20-of-economists-think-that-there-are-grounds-for-optimism-in-2022-the-rest-are-more-closely-attached-to-the-real-world\/","title":{"rendered":"Fewer than 20% of economists think that there are grounds for optimism in 2022. The rest are more closely attached to the real world."},"content":{"rendered":"<p>I <a href=\"https:\/\/www.taxresearch.org.uk\/Blog\/2022\/01\/04\/most-people-want-an-active-government-working-on-their-side-it-is-time-those-seeking-power-took-note\/\" target=\"_blank\" rel=\"noopener noreferrer\">have already noted this morning<\/a> that the general public is little enamoured with the endeavours of the UK government. It is fair to say that economists appear little more impressed, based upon a survey published by the Financial Times. They produced this result when<a href=\"https:\/\/www.ft.com\/content\/e8f45dc9-c93b-4c8c-b5d2-48ebb623a5a6?emailId=61d3f8f18d182900044769d1&amp;segmentId=2f40f9e8-c8d5-af4c-ecdd-78ad0b93926b\" target=\"_blank\" rel=\"noopener noreferrer\"> 100 were asked for their opinions<\/a>:<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-60983\" src=\"https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2022\/01\/Screenshot-2022-01-04-at-09.19.50-550x384.png\" alt=\"\" width=\"550\" height=\"384\" srcset=\"https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2022\/01\/Screenshot-2022-01-04-at-09.19.50-550x384.png 550w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2022\/01\/Screenshot-2022-01-04-at-09.19.50-429x300.png 429w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2022\/01\/Screenshot-2022-01-04-at-09.19.50-768x537.png 768w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2022\/01\/Screenshot-2022-01-04-at-09.19.50-573x400.png 573w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2022\/01\/Screenshot-2022-01-04-at-09.19.50.png 1520w\" sizes=\"auto, (max-width: 550px) 100vw, 550px\" \/><\/p>\n<p>I am sure that the two or three per cent who thought that things were going to get better in 2022 must have had a reason, but I suspect that it was down to ideology. I put myself in the 60 to 70% to think that things are going to get worse. It is very hard to see how the combination of Covid, Brexit, short-term inflation threats, rising private debt and asset bubbles add up to anything but a significant threat to well-being which this government is wholly unwilling and unable to address.<\/p>\n<p>It seems that fewer than 20% of economists think that there are grounds for optimism in 2022. The rest are more closely attached to the real world. This is going to be a bumpy ride.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>I have already noted this morning that the general public is little enamoured with the endeavours of the UK government. It is fair to say<br \/><a class=\"moretag\" href=\"https:\/\/www.taxresearch.org.uk\/Blog\/2022\/01\/04\/fewer-than-20-of-economists-think-that-there-are-grounds-for-optimism-in-2022-the-rest-are-more-closely-attached-to-the-real-world\/\"><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-60982","post","type-post","status-publish","format-standard","hentry","category-economics"],"_links":{"self":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/60982","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=60982"}],"version-history":[{"count":0,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/60982\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/media?parent=60982"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/categories?post=60982"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/tags?post=60982"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}