{"id":7531,"date":"2012-12-30T12:00:34","date_gmt":"2012-12-30T17:00:34","guid":{"rendered":"http:\/\/www.Centives.net\/S\/?p=7531"},"modified":"2012-12-30T12:01:04","modified_gmt":"2012-12-30T17:01:04","slug":"would-falling-off-the-fiscal-cliff-really-be-so-bad","status":"publish","type":"post","link":"https:\/\/www.Centives.net\/S\/2012\/would-falling-off-the-fiscal-cliff-really-be-so-bad\/","title":{"rendered":"Would Falling Off The Fiscal Cliff Really Be So Bad?"},"content":{"rendered":"<p style=\"text-align: center\"><img loading=\"lazy\" decoding=\"async\" alt=\"\" src=\"http:\/\/www.Centives.net\/S\/wp-content\/uploads\/2012\/12\/123012_1234_WouldFallin1.jpg\" width=\"640\" height=\"480\" \/><\/p>\n<p>Centives has stayed away from the economics of the fiscal cliff \u2013 that&#8217;s the serious side of economics that we leave to <a href=\"http:\/\/marginalrevolution.com\/\">more<\/a> <a href=\"http:\/\/newmarksdoor.typepad.com\/\">distinguished <\/a><a href=\"http:\/\/chrisblattman.com\/\">individuals<\/a>. But Zachary Karabell&#8217;s article about why falling off the cliff wouldn&#8217;t be the end of the world caught our eye:<\/p>\n<ul>\n<li>While falling off the cliff is projected to create a recession in the first half of 2013; GDP is expected to rebound and grow by 2% in the second half.<\/li>\n<li>This short term pain will mean that over the longer term America&#8217;s debt and deficit issues will be mitigated to some extent.<\/li>\n<li>Additional legislation would also likely be introduced after America rolls off the cliff, to prevent the worst parts of the cliff from affecting the American populace.<\/li>\n<\/ul>\n<p>Read more about the future of America, how the cliff plays into it, and an attempt to put the cliff in a greater global context over <a href=\"http:\/\/www.theatlantic.com\/business\/archive\/2012\/12\/the-bright-side-of-falling-off-the-fiscal-cliff\/266705\/\">here<\/a>.<\/p>\n<p>Source: <a href=\"http:\/\/www.theatlantic.com\/business\/archive\/2012\/12\/the-bright-side-of-falling-off-the-fiscal-cliff\/266705\/\">The Atlantic<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Centives has stayed away from the economics of the fiscal cliff \u2013 that&#8217;s the serious side of economics that we leave to more distinguished individuals. But Zachary Karabell&#8217;s article about why falling off the cliff wouldn&#8217;t be the end of the world caught our eye: While falling off the cliff is projected to create a [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":7530,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-7531","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily-bulletin"],"jetpack_featured_media_url":"https:\/\/www.Centives.net\/S\/wp-content\/uploads\/2012\/12\/123012_1234_WouldFallin1.jpg","_links":{"self":[{"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts\/7531","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/comments?post=7531"}],"version-history":[{"count":6,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts\/7531\/revisions"}],"predecessor-version":[{"id":7540,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts\/7531\/revisions\/7540"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/media\/7530"}],"wp:attachment":[{"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/media?parent=7531"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/categories?post=7531"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/tags?post=7531"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}