I think theres going to be more and more of this over the next 2-3 years. We've all borrowed far too much money from each other (countries, banks, governments and individuals) and everyone is going to end up paying through the nose for a long time to clear all the debt off.
I fully appreciate that not everyone was recklessly borrowing, but the nature of the beast is that we're all going to be taxed until the pips squeak as a result.
Our government has recently said that public sector workers (who tend to, on average, get pretty good pensions) are going to have to work longer and get less of a pension when they retire. Asa reuslt the teachers are now talking about strike action this summer.