{"id":50915,"date":"2015-01-26T07:00:18","date_gmt":"2015-01-26T13:00:18","guid":{"rendered":"http:\/\/www.shotinthedark.info\/wp\/?p=50915"},"modified":"2015-01-26T07:08:27","modified_gmt":"2015-01-26T13:08:27","slug":"rosy","status":"publish","type":"post","link":"http:\/\/www.shotinthedark.info\/wp\/?p=50915","title":{"rendered":"Rosy"},"content":{"rendered":"<p>As the media relentlessly chants about &#8220;economic recovery&#8221;, <a href=\"http:\/\/www.twincities.com\/business\/ci_27381554\/hard-hit-worker-wonders-where-recovery-is\">at least one article (from the AP) notes<\/a> that those &#8220;new jobs&#8221; aren&#8217;t really doing much for the lower-middle-class &#8211; people who may be doing OK on the surface, but are only a missed paycheck or two away from depending on someone else.<\/p>\n<p>And it&#8217;s worth noting that every previous sharp recession &#8211; like 1982 &#8211; had a correspondingly sharp rebound; within two years of the bottom of that recession, the economy was adding 500,000 jobs a month.<\/p>\n<p>The 2007 recession was, along with the Great Depression, part of a tiny, exclusive club; sharp corrections that didn&#8217;t bounce back fast &#8211; as in, almost like an inverted bell curve. \u00a0And what did they have in common?<\/p>\n<p>Govenment efforts to &#8220;help&#8221;.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>As the media relentlessly chants about &#8220;economic recovery&#8221;, at least one article (from the AP) notes that those &#8220;new jobs&#8221; aren&#8217;t really doing much for the lower-middle-class &#8211; people who may be doing OK on the surface, but are only a missed paycheck or two away from depending on someone else. And it&#8217;s worth noting [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[57,69,74],"tags":[],"class_list":["post-50915","post","type-post","status-publish","format-standard","hentry","category-economy-and-the-market","category-socialism","category-the-great-recession"],"_links":{"self":[{"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/posts\/50915","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=50915"}],"version-history":[{"count":2,"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/posts\/50915\/revisions"}],"predecessor-version":[{"id":50923,"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/posts\/50915\/revisions\/50923"}],"wp:attachment":[{"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=50915"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=50915"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=50915"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}