{"id":249,"date":"2009-11-14T16:38:40","date_gmt":"2009-11-14T20:38:40","guid":{"rendered":"http:\/\/zzzptm.com\/wordpress\/?p=249"},"modified":"2009-11-14T16:38:57","modified_gmt":"2009-11-14T20:38:57","slug":"the-un-stimulus","status":"publish","type":"post","link":"https:\/\/zzzptm.com\/wordpress\/?p=249","title":{"rendered":"The Un-Stimulus"},"content":{"rendered":"<p>Because most states have to run a balanced budget, we&#8217;re seeing a very large drop in state government spending, which almost matches dollar for dollar what the federal government is increasing its spending by. The net result: little total change at all. While we did have a preliminary uptick of 3.5% in GDP growth last quarter, that&#8217;s the preliminary number. Analysts are now expecting it to be revised downward to about 1%. Since federal spending accounted for over 2% of that growth number, one can see how it vanished so quickly.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Because most states have to run a balanced budget, we&#8217;re seeing a very large drop in state government spending, which almost matches dollar for dollar what the federal government is increasing its spending by. The net result: little total change at all. While we did have a preliminary uptick of 3.5% in GDP growth last [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4,5],"tags":[],"class_list":["post-249","post","type-post","status-publish","format-standard","hentry","category-economics","category-us-government"],"_links":{"self":[{"href":"https:\/\/zzzptm.com\/wordpress\/index.php?rest_route=\/wp\/v2\/posts\/249","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/zzzptm.com\/wordpress\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/zzzptm.com\/wordpress\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/zzzptm.com\/wordpress\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/zzzptm.com\/wordpress\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=249"}],"version-history":[{"count":2,"href":"https:\/\/zzzptm.com\/wordpress\/index.php?rest_route=\/wp\/v2\/posts\/249\/revisions"}],"predecessor-version":[{"id":251,"href":"https:\/\/zzzptm.com\/wordpress\/index.php?rest_route=\/wp\/v2\/posts\/249\/revisions\/251"}],"wp:attachment":[{"href":"https:\/\/zzzptm.com\/wordpress\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=249"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/zzzptm.com\/wordpress\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=249"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/zzzptm.com\/wordpress\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=249"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}