{"id":74530,"date":"2024-03-09T06:58:09","date_gmt":"2024-03-09T06:58:09","guid":{"rendered":"https:\/\/www.taxresearch.org.uk\/Blog\/?p=74530"},"modified":"2024-03-09T06:58:09","modified_gmt":"2024-03-09T06:58:09","slug":"its-not-been-a-good-week-for-fiscal-rules","status":"publish","type":"post","link":"https:\/\/www.taxresearch.org.uk\/Blog\/2024\/03\/09\/its-not-been-a-good-week-for-fiscal-rules\/","title":{"rendered":"It\u2019s not been a good week for fiscal rules"},"content":{"rendered":"<p>It\u2019s not been a good week for fiscal rules.<\/p>\n<p>Jeremy Hunt has been mocked for his addiction to them.<\/p>\n<p>Everyone realises Labour has no chance at all of complying with its version of a fiscal rule (they are all made up to suit the user).<\/p>\n<p>The Institute for Fiscal Studies slayed Hunt\u2019s supposed compliance with his rule.<\/p>\n<p>The Office for Budget Responsibility\u2019s reputation is in tatters because it is pretending they are real.<\/p>\n<p>So, might it just be that at some point the message will get through to the tiny number of people in the country who pretend simultaneously that a) they know what they are and b) they are useful, that it really is time that they stopped making complete fools of themselves and started talking about economic reality rather than this world of make believe economics?<\/p>\n<p>We can live in hope.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>It\u2019s not been a good week for fiscal rules. Jeremy Hunt has been mocked for his addiction to them. Everyone realises Labour has no chance<br \/><a class=\"moretag\" href=\"https:\/\/www.taxresearch.org.uk\/Blog\/2024\/03\/09\/its-not-been-a-good-week-for-fiscal-rules\/\"><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":[35,106],"tags":[],"class_list":["post-74530","post","type-post","status-publish","format-standard","hentry","category-economics","category-politics"],"_links":{"self":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/74530","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=74530"}],"version-history":[{"count":2,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/74530\/revisions"}],"predecessor-version":[{"id":74535,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/74530\/revisions\/74535"}],"wp:attachment":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/media?parent=74530"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/categories?post=74530"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/tags?post=74530"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}