{"id":189863,"date":"2010-02-05T18:41:00","date_gmt":"2010-02-05T23:41:00","guid":{"rendered":"https:\/\/www.panix.com\/~msaroff\/40years\/2010\/02\/05\/economics-update-94\/"},"modified":"2010-02-05T18:41:00","modified_gmt":"2010-02-05T23:41:00","slug":"economics-update-94","status":"publish","type":"post","link":"https:\/\/www.panix.com\/~msaroff\/40years\/2010\/02\/05\/economics-update-94\/","title":{"rendered":"Economics Update"},"content":{"rendered":"<p>I already posted on the <a href=\"http:\/\/40yrs.blogspot.com\/2010\/02\/employment-numbers.html\">job numbers on their own<\/a>, so otherwise, this is slow news day.<\/p>\n<p>What we have is a <a href=\"http:\/\/www.cnbc.com\/\/id\/35261213\">continuing retrenchment by consumers as they pay down their debt<\/a>.  Consumer credit has fallen for the 11<sup>th<\/sup> straight month.<\/p>\n<p>Meanwhile, in energy and currency, the continued fall in non-farm payrolls <a href=\"http:\/\/money.cnn.com\/2010\/02\/05\/markets\/oil\/\">drove crude oil lower<\/a>, while the problems in the EU with Greece, etc. <a href=\"http:\/\/money.cnn.com\/2010\/02\/05\/markets\/dollar\/index.htm\">pushed the dollar higher<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>I already posted on the job numbers on their own, so otherwise, this is slow news day. What we have is a continuing retrenchment by consumers as they pay down their debt. Consumer credit has fallen for the 11th straight month. Meanwhile, in energy and currency, the continued fall in non-farm payrolls drove crude oil &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1094,1080,973,1135,1089],"tags":[],"class_list":["post-189863","post","type-post","status-publish","format-standard","hentry","category-campaign-finance","category-currency","category-economy","category-energy","category-recession"],"_links":{"self":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/189863"}],"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=189863"}],"version-history":[{"count":0,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/189863\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/media?parent=189863"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/categories?post=189863"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/tags?post=189863"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}