{"id":6694,"date":"2011-07-15T08:56:51","date_gmt":"2011-07-15T13:56:51","guid":{"rendered":"http:\/\/ssgreenberg.name\/PoliticsBlog\/?p=6694"},"modified":"2011-07-15T08:56:51","modified_gmt":"2011-07-15T13:56:51","slug":"d-c-politicians-totally-wrong-about-spending-galbraith-says","status":"publish","type":"post","link":"https:\/\/ssgreenberg.name\/PoliticsBlog\/2011\/07\/15\/d-c-politicians-totally-wrong-about-spending-galbraith-says\/","title":{"rendered":"D.C. Politicians &#8220;Totally Wrong&#8221; About Spending, Galbraith Says"},"content":{"rendered":"<div style=\"text-align:center\"><object width=\"576\" height=\"324\"><param name=\"movie\" value=\"http:\/\/d.yimg.com\/nl\/techticker\/site\/player.swf\"><\/param><param name=\"flashVars\" value=\"vid=25942514&#038;browseCarouselUI=hide&#038;\"><\/param><param name=\"allowfullscreen\" value=\"true\"><\/param><param name=\"wmode\" value=\"transparent\"><\/param><embed width=\"576\" height=\"324\" allowFullScreen=\"true\" src=\"http:\/\/d.yimg.com\/nl\/techticker\/site\/player.swf\" type=\"application\/x-shockwave-flash\" flashvars=\"vid=25942514&#038;browseCarouselUI=hide&#038;\"><\/embed><\/object><\/div>\n<pre>\r\n\r\n<\/pre>\n<blockquote><p>\nBut Washington politicians have it &#8220;totally wrong,&#8221; according to Galbraith who believes austerity measures amount to &#8220;a wanton piece of cruelty&#8221; on lower income Americans. Furthermore, he argues America&#8217;s long-term deficit problems are &#8220;completely disconnected&#8221; from current U.S. borrowing costs, which he notes remain relatively (and historically) low.<\/p>\n<p>&#8220;My view is we&#8217;re in a tragic moment where public policy is doing real harm on a pretense of accomplishing something that&#8217;s absolutely not going to be accomplished,&#8221; Galbraith says.\n<\/p><\/blockquote>\n<p>Over the years I have read and enjoyed some of what Prof. Galbraith has written.  This is the first time I have seen him and heard him speak.  What a  refreshing point of view.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>But Washington politicians have it &#8220;totally wrong,&#8221; according to Galbraith who believes austerity measures amount to &#8220;a wanton piece of cruelty&#8221; on lower income Americans. Furthermore, he argues America&#8217;s long-term deficit problems are &#8220;completely disconnected&#8221; from current U.S. borrowing costs, which he notes remain relatively (and historically) low. &#8220;My view is we&#8217;re in a tragic [&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-6694","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\/6694","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=6694"}],"version-history":[{"count":2,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/posts\/6694\/revisions"}],"predecessor-version":[{"id":6696,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/posts\/6694\/revisions\/6696"}],"wp:attachment":[{"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/media?parent=6694"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/categories?post=6694"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/tags?post=6694"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}