{"id":185308,"date":"2011-08-02T21:58:00","date_gmt":"2011-08-03T02:58:00","guid":{"rendered":"https:\/\/www.panix.com\/~msaroff\/40years\/2011\/08\/02\/not-good-at-all\/"},"modified":"2011-08-02T21:58:00","modified_gmt":"2011-08-03T02:58:00","slug":"not-good-at-all","status":"publish","type":"post","link":"https:\/\/www.panix.com\/~msaroff\/40years\/2011\/08\/02\/not-good-at-all\/","title":{"rendered":"Not Good At All"},"content":{"rendered":"<p>The economy, and I don&#8217;t mean the furshlugginer debt bill, just showed us that if we aren&#8217;t headed for a double we aren&#8217;t in for a recovery either, as <a href=\"http:\/\/www.bloomberg.com\/news\/2011-08-02\/consumer-spending-in-u-s-unexpectedly-falls-for-first-time-in-two-years.html\">consumer spending has just fallen for the first time in two years<\/a>, probably because scared consumers are scared, and so <a href=\"http:\/\/articles.chicagotribune.com\/2011-07-27\/business\/chi-transunion-consumers-paying-down-credit-cards-20110727_1_ezra-becker-credit-card-debit-cards\">paying down their credit cards instead of spending money<\/a>. <\/p>\n<p>And <b>today<\/b>, the Obama administration is announcing that they are pivoting to jobs, after going full out for a debt reduction deal that will slow the economy and cost jobs.<\/p>\n<p>This isn&#8217;t closing the barn door after the cow has gotten out, this is closing the barn door after you let the cow out, and shot it dead.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The economy, and I don&#8217;t mean the furshlugginer debt bill, just showed us that if we aren&#8217;t headed for a double we aren&#8217;t in for a recovery either, as consumer spending has just fallen for the first time in two years, probably because scared consumers are scared, and so paying down their credit cards instead &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[973,1089],"tags":[],"class_list":["post-185308","post","type-post","status-publish","format-standard","hentry","category-economy","category-recession"],"_links":{"self":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/185308"}],"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=185308"}],"version-history":[{"count":0,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/185308\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/media?parent=185308"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/categories?post=185308"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/tags?post=185308"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}