{"id":65686,"date":"2022-11-17T16:59:05","date_gmt":"2022-11-17T16:59:05","guid":{"rendered":"https:\/\/www.taxresearch.org.uk\/Blog\/?p=65686"},"modified":"2022-11-17T16:59:05","modified_gmt":"2022-11-17T16:59:05","slug":"the-autumn-statement-is-dire-as-shown-by-the-office-for-budget-responsibilitys-charts","status":"publish","type":"post","link":"https:\/\/www.taxresearch.org.uk\/Blog\/2022\/11\/17\/the-autumn-statement-is-dire-as-shown-by-the-office-for-budget-responsibilitys-charts\/","title":{"rendered":"The Autumn Statement is dire &#8211; as shown by the Office for Budget Responsibility&#8217;s charts"},"content":{"rendered":"<p>I would like the energy to write more about the budget, but I found today surprisingly tiring. Some of my long Covid is back again, I fear (only eight rounds of antibiotics, so far). So, please accept these tweets for now:<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-65687\" src=\"https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2022\/11\/Screenshot-2022-11-17-at-16.52.22-550x368.png\" alt=\"\" width=\"550\" height=\"368\" srcset=\"https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2022\/11\/Screenshot-2022-11-17-at-16.52.22-550x368.png 550w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2022\/11\/Screenshot-2022-11-17-at-16.52.22-449x300.png 449w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2022\/11\/Screenshot-2022-11-17-at-16.52.22-768x513.png 768w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2022\/11\/Screenshot-2022-11-17-at-16.52.22-598x400.png 598w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2022\/11\/Screenshot-2022-11-17-at-16.52.22.png 1176w\" sizes=\"auto, (max-width: 550px) 100vw, 550px\" \/> <img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-65688\" src=\"https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2022\/11\/Screenshot-2022-11-17-at-16.52.38-550x527.png\" alt=\"\" width=\"550\" height=\"527\" srcset=\"https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2022\/11\/Screenshot-2022-11-17-at-16.52.38-550x527.png 550w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2022\/11\/Screenshot-2022-11-17-at-16.52.38-313x300.png 313w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2022\/11\/Screenshot-2022-11-17-at-16.52.38-768x735.png 768w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2022\/11\/Screenshot-2022-11-17-at-16.52.38-418x400.png 418w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2022\/11\/Screenshot-2022-11-17-at-16.52.38.png 1174w\" sizes=\"auto, (max-width: 550px) 100vw, 550px\" \/> <img loading=\"lazy\" decoding=\"async\" class=\"aligncenter  wp-image-65689\" src=\"https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2022\/11\/Screenshot-2022-11-17-at-16.52.50-550x417.png\" alt=\"\" width=\"499\" height=\"378\" srcset=\"https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2022\/11\/Screenshot-2022-11-17-at-16.52.50-550x417.png 550w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2022\/11\/Screenshot-2022-11-17-at-16.52.50-396x300.png 396w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2022\/11\/Screenshot-2022-11-17-at-16.52.50-768x582.png 768w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2022\/11\/Screenshot-2022-11-17-at-16.52.50-528x400.png 528w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2022\/11\/Screenshot-2022-11-17-at-16.52.50.png 1174w\" sizes=\"auto, (max-width: 499px) 100vw, 499px\" \/> <img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-65690\" src=\"https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2022\/11\/Screenshot-2022-11-17-at-16.53.00-550x390.png\" alt=\"\" width=\"550\" height=\"390\" srcset=\"https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2022\/11\/Screenshot-2022-11-17-at-16.53.00-550x390.png 550w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2022\/11\/Screenshot-2022-11-17-at-16.53.00-423x300.png 423w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2022\/11\/Screenshot-2022-11-17-at-16.53.00-768x544.png 768w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2022\/11\/Screenshot-2022-11-17-at-16.53.00-564x400.png 564w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2022\/11\/Screenshot-2022-11-17-at-16.53.00.png 1182w\" sizes=\"auto, (max-width: 550px) 100vw, 550px\" \/> <img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-65691\" src=\"https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2022\/11\/Screenshot-2022-11-17-at-16.53.09-550x506.png\" alt=\"\" width=\"550\" height=\"506\" srcset=\"https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2022\/11\/Screenshot-2022-11-17-at-16.53.09-550x506.png 550w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2022\/11\/Screenshot-2022-11-17-at-16.53.09-326x300.png 326w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2022\/11\/Screenshot-2022-11-17-at-16.53.09-768x706.png 768w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2022\/11\/Screenshot-2022-11-17-at-16.53.09-435x400.png 435w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2022\/11\/Screenshot-2022-11-17-at-16.53.09.png 1164w\" sizes=\"auto, (max-width: 550px) 100vw, 550px\" \/> <img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-65692\" src=\"https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2022\/11\/Screenshot-2022-11-17-at-16.53.29-550x484.png\" alt=\"\" width=\"550\" height=\"484\" srcset=\"https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2022\/11\/Screenshot-2022-11-17-at-16.53.29-550x484.png 550w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2022\/11\/Screenshot-2022-11-17-at-16.53.29-341x300.png 341w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2022\/11\/Screenshot-2022-11-17-at-16.53.29-768x676.png 768w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2022\/11\/Screenshot-2022-11-17-at-16.53.29-454x400.png 454w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2022\/11\/Screenshot-2022-11-17-at-16.53.29.png 1172w\" sizes=\"auto, (max-width: 550px) 100vw, 550px\" \/> <img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-65693\" src=\"https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2022\/11\/Screenshot-2022-11-17-at-16.53.48-550x398.png\" alt=\"\" width=\"550\" height=\"398\" srcset=\"https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2022\/11\/Screenshot-2022-11-17-at-16.53.48-550x398.png 550w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2022\/11\/Screenshot-2022-11-17-at-16.53.48-414x300.png 414w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2022\/11\/Screenshot-2022-11-17-at-16.53.48-768x556.png 768w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2022\/11\/Screenshot-2022-11-17-at-16.53.48-552x400.png 552w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2022\/11\/Screenshot-2022-11-17-at-16.53.48.png 1176w\" sizes=\"auto, (max-width: 550px) 100vw, 550px\" \/> <img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-65694\" src=\"https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2022\/11\/Screenshot-2022-11-17-at-16.53.59-550x412.png\" alt=\"\" width=\"550\" height=\"412\" srcset=\"https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2022\/11\/Screenshot-2022-11-17-at-16.53.59-550x412.png 550w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2022\/11\/Screenshot-2022-11-17-at-16.53.59-400x300.png 400w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2022\/11\/Screenshot-2022-11-17-at-16.53.59-768x576.png 768w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2022\/11\/Screenshot-2022-11-17-at-16.53.59-534x400.png 534w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2022\/11\/Screenshot-2022-11-17-at-16.53.59.png 1158w\" sizes=\"auto, (max-width: 550px) 100vw, 550px\" \/> <img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-65695\" src=\"https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2022\/11\/Screenshot-2022-11-17-at-16.54.08-550x393.png\" alt=\"\" width=\"550\" height=\"393\" srcset=\"https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2022\/11\/Screenshot-2022-11-17-at-16.54.08-550x393.png 550w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2022\/11\/Screenshot-2022-11-17-at-16.54.08-420x300.png 420w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2022\/11\/Screenshot-2022-11-17-at-16.54.08-768x548.png 768w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2022\/11\/Screenshot-2022-11-17-at-16.54.08-560x400.png 560w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2022\/11\/Screenshot-2022-11-17-at-16.54.08.png 1160w\" sizes=\"auto, (max-width: 550px) 100vw, 550px\" \/><\/p>\n<p>The data is really quite staggeringly bad and all this is by choice, and utterly unnecessary: inflation is going, as a matter of fact in 2023 as Danny Blanchflower and I have always said it would. What is this austerity about in that case?<\/p>\n<p>I wrote for The Mirror on this during this afternoon, but it will not be out until tomorrow. I will share it then.<\/p>\n<p>But what I rather strongly suspect is that the Tories will like this no more than the country will. I suspect a backlash.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>I would like the energy to write more about the budget, but I found today surprisingly tiring. Some of my long Covid is back again,<br \/><a class=\"moretag\" href=\"https:\/\/www.taxresearch.org.uk\/Blog\/2022\/11\/17\/the-autumn-statement-is-dire-as-shown-by-the-office-for-budget-responsibilitys-charts\/\"><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":[127,96,35,106],"tags":[],"class_list":["post-65686","post","type-post","status-publish","format-standard","hentry","category-budget","category-conservatives","category-economics","category-politics"],"_links":{"self":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/65686","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=65686"}],"version-history":[{"count":0,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/65686\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/media?parent=65686"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/categories?post=65686"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/tags?post=65686"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}