{"id":184,"date":"2010-11-01T11:31:47","date_gmt":"2010-11-01T18:31:47","guid":{"rendered":"http:\/\/www.halepassage.org\/?p=184"},"modified":"2010-11-01T11:31:47","modified_gmt":"2010-11-01T18:31:47","slug":"government-gridlock-is-not-good-for-markets","status":"publish","type":"post","link":"http:\/\/www.halepassage.org\/?p=184","title":{"rendered":"Government gridlock is not good for markets"},"content":{"rendered":"<p>Annie Lowry looks at the effect of a divided congress in <a href=\"http:\/\/www.slate.com\/id\/2272780\/\" target=\"_blank\">this article<\/a> in Slate (see also Ezra Klein <a href=\"http:\/\/voices.washingtonpost.com\/ezra-klein\/2010\/11\/what_does_divided_government_m.html\">here<\/a>).\u00c2\u00a0 Her conclusions: a sharp rise immediately after the election followed by slow growth after the reality of gridlock settles in.\u00c2\u00a0 The &#8220;markets&#8221; initially believe that gridlock is good because the &#8220;markets&#8221; are in reality 22-27 year-old <a href=\"http:\/\/krugman.blogs.nytimes.com\/2010\/10\/30\/sex-and-drugs-and-markets-role\/\" target=\"_blank\">business school graduates<\/a> who have no real historical perspective.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Annie Lowry looks at the effect of a divided congress in this article in Slate (see also Ezra Klein here).\u00c2\u00a0 Her conclusions: a sharp rise immediately after the election followed by slow growth after the reality of gridlock settles in.\u00c2\u00a0 &hellip; <a href=\"http:\/\/www.halepassage.org\/?p=184\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-184","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"http:\/\/www.halepassage.org\/index.php?rest_route=\/wp\/v2\/posts\/184","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.halepassage.org\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.halepassage.org\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.halepassage.org\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.halepassage.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=184"}],"version-history":[{"count":0,"href":"http:\/\/www.halepassage.org\/index.php?rest_route=\/wp\/v2\/posts\/184\/revisions"}],"wp:attachment":[{"href":"http:\/\/www.halepassage.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=184"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.halepassage.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=184"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.halepassage.org\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=184"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}