{"id":1437,"date":"2009-02-16T14:52:33","date_gmt":"2009-02-16T18:52:33","guid":{"rendered":"http:\/\/ssgreenberg.name\/PoliticsBlog\/?p=1437"},"modified":"2009-02-16T14:53:39","modified_gmt":"2009-02-16T18:53:39","slug":"no-wealth-creation-at-all-since-2000","status":"publish","type":"post","link":"https:\/\/ssgreenberg.name\/PoliticsBlog\/2009\/02\/16\/no-wealth-creation-at-all-since-2000\/","title":{"rendered":"No Wealth Creation At All Since 2000"},"content":{"rendered":"<p>Follow <a title=\"Krugman's Column\" href=\"http:\/\/www.nytimes.com\/2009\/02\/16\/opinion\/16krugman.html?_r=1&amp;partner=rss&amp;emc=rss\" target=\"_blank\"><strong>this link<\/strong><\/a> to Paul Krugman&#8217;s column February 15th in the New York Times.<\/p>\n<p>His interpretation of the Federal Reserve&#8217;s latest Survey of Consumer Finances is that there has been no wealth creation in the United States since 2000.<\/p>\n<p>Earlier today I posted a <a title=\"Link to Kuttner Post\" href=\"http:\/\/ssgreenberg.name\/PoliticsBlog\/?p=1435\" target=\"_blank\"><strong>link to remarks by Robert Kuttner<\/strong><\/a>.\u00a0 He noted that 40% of the economy had been in financial services.\u00a0 It occurred to me that if you take out that 40%, what is left may be a real measure of the size of our productive economy.\u00a0 I wonder if that number is commensurate with what the Federal Reserve has discovered.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Follow this link to Paul Krugman&#8217;s column February 15th in the New York Times. His interpretation of the Federal Reserve&#8217;s latest Survey of Consumer Finances is that there has been no wealth creation in the United States since 2000. Earlier today I posted a link to remarks by Robert Kuttner.\u00a0 He noted that 40% of [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[166],"tags":[],"class_list":{"0":"post-1437","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-stevegsposts","7":"czr-hentry"},"_links":{"self":[{"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/posts\/1437","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/comments?post=1437"}],"version-history":[{"count":2,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/posts\/1437\/revisions"}],"predecessor-version":[{"id":1439,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/posts\/1437\/revisions\/1439"}],"wp:attachment":[{"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/media?parent=1437"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/categories?post=1437"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/tags?post=1437"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}