{"id":6951,"date":"2010-05-26T11:05:09","date_gmt":"2010-05-26T09:05:09","guid":{"rendered":"http:\/\/www.taxresearch.org.uk\/Blog\/?p=6951"},"modified":"2010-05-26T11:05:09","modified_gmt":"2010-05-26T09:05:09","slug":"the-austerity-party-sweeps-europe-as-oecd-joins-the-manic-demand-for-tax-rises-and-spending-cuts","status":"publish","type":"post","link":"https:\/\/www.taxresearch.org.uk\/Blog\/2010\/05\/26\/the-austerity-party-sweeps-europe-as-oecd-joins-the-manic-demand-for-tax-rises-and-spending-cuts\/","title":{"rendered":"The Austerity Party sweeps Europe as OECD joins the manic demand for tax rises and spending cuts"},"content":{"rendered":"<p><a href=\"http:\/\/www.ft.com\/cms\/s\/0\/251b0082-6894-11df-96f1-00144feab49a.html\">FT.com \/ Global Economy - OECD urges tax rises and spending cuts<\/a>.<\/p>\n<p>As the FT notes:<\/p>\n<blockquote><p>Public spending cuts and tax rises in advanced economies are required by next year at the latest to deal with &ldquo;very unfavourable government debt dynamics&rdquo;, the Organisation for Economic Cooperation and Development warned on Wednesday.<\/p><\/blockquote>\n<p>I can only presume that they know they are deciding on recession \/ depression \/ mass unemployment \/ civil unrest \/ mass insolvency in the private sector and worse.<\/p>\n<p>Or is it that they are all being swept away by mass hysteria, just as they were when creating this crisis?<\/p>\n","protected":false},"excerpt":{"rendered":"<p>FT.com \/ Global Economy &#8211; OECD urges tax rises and spending cuts. As the FT notes: Public spending cuts and tax rises in advanced economies<br \/><a class=\"moretag\" href=\"https:\/\/www.taxresearch.org.uk\/Blog\/2010\/05\/26\/the-austerity-party-sweeps-europe-as-oecd-joins-the-manic-demand-for-tax-rises-and-spending-cuts\/\"><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-6951","post","type-post","status-publish","format-standard","hentry","category-economics"],"_links":{"self":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/6951","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=6951"}],"version-history":[{"count":0,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/6951\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/media?parent=6951"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/categories?post=6951"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/tags?post=6951"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}