{"id":175528,"date":"2021-01-28T18:51:00","date_gmt":"2021-01-28T23:51:00","guid":{"rendered":"https:\/\/www.panix.com\/~msaroff\/40years\/2021\/01\/28\/initial-unemployment-claims-and-2020-gdp-today\/"},"modified":"2021-01-28T18:51:00","modified_gmt":"2021-01-28T23:51:00","slug":"initial-unemployment-claims-and-2020-gdp-today","status":"publish","type":"post","link":"https:\/\/www.panix.com\/~msaroff\/40years\/2021\/01\/28\/initial-unemployment-claims-and-2020-gdp-today\/","title":{"rendered":"Initial Unemployment Claims and 2020 GDP Today"},"content":{"rendered":"<p>Unemployment claims <a href=\"https:\/\/www.wsj.com\/articles\/weekly-jobless-claims-coronavirus-01-28-2021-11611787719\">fell by 61,000 to a still horrifyingly high 847,000<\/a> and <a href=\"https:\/\/www.washingtonpost.com\/business\/2021\/01\/28\/gdp-2020-economy-recession\/\">US GDP fell by 3.5% in 2020<\/a>, the most since the 1946 demobilization.<\/p>\n<p>This is with about $4 trillion in emergency stimulus legislation.<\/p>\n<p>And now we are rushing way too fast to rolling back pandemic measures, which is going to lead another round of shutdowns as ICUs fill up.<\/p>\n<p>We are fucked.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Unemployment claims fell by 61,000 to a still horrifyingly high 847,000 and US GDP fell by 3.5% in 2020, the most since the 1946 demobilization. This is with about $4 trillion in emergency stimulus legislation. And now we are rushing way too fast to rolling back pandemic measures, which is going to lead another round &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[392,572,458,494],"class_list":["post-175528","post","type-post","status-publish","format-standard","hentry","tag-economy","tag-pandemic","tag-recession","tag-statistics"],"_links":{"self":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/175528"}],"collection":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/comments?post=175528"}],"version-history":[{"count":0,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/175528\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/media?parent=175528"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/categories?post=175528"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/tags?post=175528"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}