{"id":28568,"date":"2015-07-14T05:12:43","date_gmt":"2015-07-14T03:12:43","guid":{"rendered":"http:\/\/www.w-t-w.org\/en\/?p=28568"},"modified":"2015-07-14T05:12:43","modified_gmt":"2015-07-14T03:12:43","slug":"spreading-the-pain-of-austerity","status":"publish","type":"post","link":"https:\/\/www.w-t-w.org\/en\/spreading-the-pain-of-austerity\/","title":{"rendered":"Spreading the Pain of Austerity?"},"content":{"rendered":"<p><span class=\"Apple-style-span\"><a href=\"http:\/\/www.w-t-w.org\/en\/spreading-the-pain-of-austerity\/comparing-pain\/\" rel=\"attachment wp-att-28570\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-28570\" src=\"http:\/\/www.w-t-w.org\/en\/wp-content\/uploads\/2015\/07\/Comparing-Pain.jpg\" alt=\"Comparing Pain\" width=\"615\" height=\"537\" srcset=\"https:\/\/www.w-t-w.org\/en\/wp-content\/uploads\/2015\/07\/Comparing-Pain.jpg 615w, https:\/\/www.w-t-w.org\/en\/wp-content\/uploads\/2015\/07\/Comparing-Pain-300x262.jpg 300w, https:\/\/www.w-t-w.org\/en\/wp-content\/uploads\/2015\/07\/Comparing-Pain-344x300.jpg 344w\" sizes=\"auto, (max-width: 615px) 100vw, 615px\" \/><\/a>If Ireland, Portugal, Spain, and Italy had to swallow the bitter pill of austerity, the argument goes, so should Greece. But are the situations similar? When it comes to GDP impact none are close to Greece (first graph below). Only with unemployment, and then only for Spain, has there been comparable pain.<\/span><\/p>\n<p><a href=\"http:\/\/www.w-t-w.org\/en\/spreading-the-pain-of-austerity\/austerity-severity\/\" rel=\"attachment wp-att-28569\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-28569\" src=\"http:\/\/www.w-t-w.org\/en\/wp-content\/uploads\/2015\/07\/Austerity-Severity.jpg\" alt=\"Austerity Severity\" width=\"652\" height=\"606\" srcset=\"https:\/\/www.w-t-w.org\/en\/wp-content\/uploads\/2015\/07\/Austerity-Severity.jpg 652w, https:\/\/www.w-t-w.org\/en\/wp-content\/uploads\/2015\/07\/Austerity-Severity-300x279.jpg 300w, https:\/\/www.w-t-w.org\/en\/wp-content\/uploads\/2015\/07\/Austerity-Severity-323x300.jpg 323w\" sizes=\"auto, (max-width: 652px) 100vw, 652px\" \/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>If Ireland, Portugal, Spain, and Italy had to swallow the bitter pill of austerity, the argument goes, so should Greece. But are the situations similar? When it comes to GDP impact none are close to Greece (first graph below). Only &hellip; <a href=\"https:\/\/www.w-t-w.org\/en\/spreading-the-pain-of-austerity\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":12,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[13],"tags":[],"class_list":["post-28568","post","type-post","status-publish","format-standard","hentry","category-finance"],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 4.9.10 - aioseo.com -->\n\t<meta name=\"description\" content=\"If Ireland, Portugal, Spain, and Italy had to swallow the bitter pill of austerity, the argument goes, so should Greece. But are the situations similar? When it comes to GDP impact none are close to Greece (first graph below). Only with unemployment, and then only for Spain, has there been comparable pain.\" \/>\n\t<meta name=\"robots\" content=\"max-image-preview:large\" \/>\n\t<meta name=\"author\" content=\"Andi Howe\"\/>\n\t<link rel=\"canonical\" href=\"https:\/\/www.w-t-w.org\/en\/spreading-the-pain-of-austerity\/\" \/>\n\t<meta name=\"generator\" content=\"All in One SEO (AIOSEO) 4.9.10\" \/>\n\t\t<meta property=\"og:locale\" content=\"en_US\" \/>\n\t\t<meta property=\"og:site_name\" content=\"W-T-W.org - Women and Finance\" \/>\n\t\t<meta property=\"og:type\" content=\"article\" \/>\n\t\t<meta property=\"og:title\" content=\"Spreading the Pain of Austerity? - W-T-W.org\" \/>\n\t\t<meta property=\"og:description\" content=\"If Ireland, Portugal, Spain, and Italy had to swallow the bitter pill of austerity, the argument goes, so should Greece. But are the situations similar? When it comes to GDP impact none are close to Greece (first graph below). Only with unemployment, and then only for Spain, has there been comparable pain.\" \/>\n\t\t<meta property=\"og:url\" content=\"https:\/\/www.w-t-w.org\/en\/spreading-the-pain-of-austerity\/\" \/>\n\t\t<meta property=\"article:published_time\" content=\"2015-07-14T03:12:43+00:00\" \/>\n\t\t<meta property=\"article:modified_time\" content=\"2015-07-14T03:12:43+00:00\" \/>\n\t\t<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n\t\t<meta name=\"twitter:title\" content=\"Spreading the Pain of Austerity? - W-T-W.org\" \/>\n\t\t<meta name=\"twitter:description\" content=\"If Ireland, Portugal, Spain, and Italy had to swallow the bitter pill of austerity, the argument goes, so should Greece. But are the situations similar? When it comes to GDP impact none are close to Greece (first graph below). Only with unemployment, and then only for Spain, has there been comparable pain.\" \/>\n\t\t<script type=\"application\/ld+json\" class=\"aioseo-schema\">\n\t\t\t{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"BlogPosting\",\"@id\":\"https:\\\/\\\/www.w-t-w.org\\\/en\\\/spreading-the-pain-of-austerity\\\/#blogposting\",\"name\":\"Spreading the Pain of Austerity? - W-T-W.org\",\"headline\":\"Spreading the Pain of Austerity?\",\"author\":{\"@id\":\"https:\\\/\\\/www.w-t-w.org\\\/en\\\/author\\\/andi\\\/#author\"},\"publisher\":{\"@id\":\"https:\\\/\\\/www.w-t-w.org\\\/en\\\/#organization\"},\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/www.w-t-w.org\\\/en\\\/wp-content\\\/uploads\\\/2015\\\/07\\\/Comparing-Pain.jpg\",\"@id\":\"https:\\\/\\\/www.w-t-w.org\\\/en\\\/spreading-the-pain-of-austerity\\\/#articleImage\",\"width\":615,\"height\":537},\"datePublished\":\"2015-07-14T05:12:43+02:00\",\"dateModified\":\"2015-07-14T05:12:43+02:00\",\"inLanguage\":\"en-US\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.w-t-w.org\\\/en\\\/spreading-the-pain-of-austerity\\\/#webpage\"},\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.w-t-w.org\\\/en\\\/spreading-the-pain-of-austerity\\\/#webpage\"},\"articleSection\":\"Finance\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.w-t-w.org\\\/en\\\/spreading-the-pain-of-austerity\\\/#breadcrumblist\",\"itemListElement\":[{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/www.w-t-w.org\\\/en#listItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.w-t-w.org\\\/en\",\"nextItem\":{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/www.w-t-w.org\\\/en\\\/home\\\/news-blog\\\/#listItem\",\"name\":\"News Blog\"}},{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/www.w-t-w.org\\\/en\\\/home\\\/news-blog\\\/#listItem\",\"position\":2,\"name\":\"News Blog\",\"item\":\"https:\\\/\\\/www.w-t-w.org\\\/en\\\/home\\\/news-blog\\\/\",\"nextItem\":{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/www.w-t-w.org\\\/en\\\/home\\\/news-blog\\\/finance\\\/#listItem\",\"name\":\"Finance\"},\"previousItem\":{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/www.w-t-w.org\\\/en#listItem\",\"name\":\"Home\"}},{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/www.w-t-w.org\\\/en\\\/home\\\/news-blog\\\/finance\\\/#listItem\",\"position\":3,\"name\":\"Finance\",\"item\":\"https:\\\/\\\/www.w-t-w.org\\\/en\\\/home\\\/news-blog\\\/finance\\\/\",\"nextItem\":{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/www.w-t-w.org\\\/en\\\/spreading-the-pain-of-austerity\\\/#listItem\",\"name\":\"Spreading the Pain of Austerity?\"},\"previousItem\":{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/www.w-t-w.org\\\/en\\\/home\\\/news-blog\\\/#listItem\",\"name\":\"News Blog\"}},{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/www.w-t-w.org\\\/en\\\/spreading-the-pain-of-austerity\\\/#listItem\",\"position\":4,\"name\":\"Spreading the Pain of Austerity?\",\"previousItem\":{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/www.w-t-w.org\\\/en\\\/home\\\/news-blog\\\/finance\\\/#listItem\",\"name\":\"Finance\"}}]},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.w-t-w.org\\\/en\\\/#organization\",\"name\":\"W-T-W.org\",\"description\":\"Women and Finance\",\"url\":\"https:\\\/\\\/www.w-t-w.org\\\/en\\\/\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.w-t-w.org\\\/en\\\/author\\\/andi\\\/#author\",\"url\":\"https:\\\/\\\/www.w-t-w.org\\\/en\\\/author\\\/andi\\\/\",\"name\":\"Andi Howe\",\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\\\/\\\/www.w-t-w.org\\\/en\\\/spreading-the-pain-of-austerity\\\/#authorImage\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/34d0e5c40fb4094516b82a028e4b8fb39f6e276953cd700bb4e2a31fed844ff8?s=96&d=mm&r=g\",\"width\":96,\"height\":96,\"caption\":\"Andi Howe\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.w-t-w.org\\\/en\\\/spreading-the-pain-of-austerity\\\/#webpage\",\"url\":\"https:\\\/\\\/www.w-t-w.org\\\/en\\\/spreading-the-pain-of-austerity\\\/\",\"name\":\"Spreading the Pain of Austerity? - W-T-W.org\",\"description\":\"If Ireland, Portugal, Spain, and Italy had to swallow the bitter pill of austerity, the argument goes, so should Greece. 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