{"id":5244,"date":"2010-11-19T12:09:55","date_gmt":"2010-11-19T17:09:55","guid":{"rendered":"http:\/\/ssgreenberg.name\/PoliticsBlog\/?p=5244"},"modified":"2010-12-08T19:39:56","modified_gmt":"2010-12-09T00:39:56","slug":"axis-of-depression","status":"publish","type":"post","link":"https:\/\/ssgreenberg.name\/PoliticsBlog\/2010\/11\/19\/axis-of-depression\/","title":{"rendered":"Axis of Depression"},"content":{"rendered":"<p>In the column, <a title=\"Paul Krugman column\" href=\"http:\/\/www.nytimes.com\/2010\/11\/19\/opinion\/19krugman.html\" target=\"_blank\"><strong>Axis of Depression<\/strong><\/a>, Paul Krugman explains the real motives of the Republicans.<\/p>\n<blockquote><p>So what\u2019s really motivating the G.O.P. attack on the Fed? Mr. Bernanke and his colleagues were clearly caught by surprise, but the budget expert Stan Collender predicted it all. Back in August, he warned Mr. Bernanke that \u201cwith Republican policy makers seeing economic hardship as the path to election glory,\u201d they would be \u201copposed to any actions taken by the Federal Reserve that would make the economy better.\u201d In short, their real fear is not that Fed actions will be harmful, it is that they might succeed.<\/p><\/blockquote>\n<p>If this isn&#8217;t another perfect example of <a title=\"Articles Under Greenberg's Law of Counterproductive Behavior\" href=\"http:\/\/ssgreenberg.name\/PoliticsBlog\/category\/greenbergs-law-of-counterproductive-behavior\/\" target=\"_blank\"><strong>Greenberg&#8217;s Law of Counterproductive Behavior<\/strong><\/a>, then I don&#8217;t know what is.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In the column, Axis of Depression, Paul Krugman explains the real motives of the Republicans. So what\u2019s really motivating the G.O.P. attack on the Fed? Mr. Bernanke and his colleagues were clearly caught by surprise, but the budget expert Stan Collender predicted it all. Back in August, he warned Mr. Bernanke that \u201cwith Republican policy [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[177,166],"tags":[],"class_list":{"0":"post-5244","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-greenbergs-law-of-counterproductive-behavior","7":"category-stevegsposts","8":"czr-hentry"},"_links":{"self":[{"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/posts\/5244","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=5244"}],"version-history":[{"count":4,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/posts\/5244\/revisions"}],"predecessor-version":[{"id":5435,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/posts\/5244\/revisions\/5435"}],"wp:attachment":[{"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/media?parent=5244"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/categories?post=5244"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/tags?post=5244"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}