{"id":4834,"date":"2011-08-10T06:01:56","date_gmt":"2011-08-10T11:01:56","guid":{"rendered":"http:\/\/onthe8spot.com\/?p=4834"},"modified":"2011-08-10T06:01:56","modified_gmt":"2011-08-10T11:01:56","slug":"repost-i-heard-it-through-the-baseline-nytimes-com","status":"publish","type":"post","link":"http:\/\/onthe8spot.com\/index.php\/2011\/08\/10\/repost-i-heard-it-through-the-baseline-nytimes-com\/","title":{"rendered":"rePost:: I Heard It Through The Baseline &#8211; NYTimes.com"},"content":{"rendered":"<blockquote><p>But S&amp;P initially assumed that the debt deal was subtracting off a quite different baseline.<br \/>\nThe point here is not so much the $2 trillion, which makes very little difference to real US fiscal prospects; it\u2019s the fact that S&amp;P stands revealed as not understanding basic analysis of budget estimates. I mean, I don\u2019t think I would have made that mistake; real budget experts, like the people at the Center on Budget and Policy Priorities, certainly wouldn\u2019t have.<br \/>\nSo what we just saw was amateur hour. And these people are pronouncing on US credit-worthiness?<br \/>\nvia <a href=\"http:\/\/krugman.blogs.nytimes.com\/2011\/08\/07\/i-heard-it-through-the-baseline\/\">I Heard It Through The Baseline &#8211; NYTimes.com<\/a>.<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>But S&amp;P initially assumed that the debt deal was subtracting off a quite different baseline. The point here is not so much the $2 trillion, which makes very little difference to real US fiscal prospects; it\u2019s the fact that S&amp;P stands revealed as not understanding basic analysis of budget estimates. I mean, I don\u2019t think &hellip; <\/p>\n<p class=\"link-more\"><a href=\"http:\/\/onthe8spot.com\/index.php\/2011\/08\/10\/repost-i-heard-it-through-the-baseline-nytimes-com\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;rePost:: I Heard It Through The Baseline &#8211; NYTimes.com&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[79],"tags":[],"class_list":["post-4834","post","type-post","status-publish","format-standard","hentry","category-reposts"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"http:\/\/onthe8spot.com\/index.php\/wp-json\/wp\/v2\/posts\/4834","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/onthe8spot.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/onthe8spot.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/onthe8spot.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/onthe8spot.com\/index.php\/wp-json\/wp\/v2\/comments?post=4834"}],"version-history":[{"count":0,"href":"http:\/\/onthe8spot.com\/index.php\/wp-json\/wp\/v2\/posts\/4834\/revisions"}],"wp:attachment":[{"href":"http:\/\/onthe8spot.com\/index.php\/wp-json\/wp\/v2\/media?parent=4834"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/onthe8spot.com\/index.php\/wp-json\/wp\/v2\/categories?post=4834"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/onthe8spot.com\/index.php\/wp-json\/wp\/v2\/tags?post=4834"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}