HTB,
No that's not it...it was far more "austerity-specific" than that blog. In fact, it was identical to any number of articles appearing in newspapers today. This led me to conjecture why SF's blog/point in 2010 did not get more attention along the lines of the furore which has kicked up today...and I suspect I know why.
Back in 2010 the crash/credit crunch/call-it-what-you-will was pretty fresh in our minds and we, Joe Public, expected a lot of unpleasant fallout and bitter medicine. Close to five years later, I think a lot of people are thinking that the economy is a) fixed b) almost fixed c) partly fixed.
It has come as an unpleasant shock to more than a few, to find that we ain't even close and in all probability, what you see is what you get for a very long time still. And BTW, I'm an optimist.