{"id":12754,"date":"2009-05-12T14:00:54","date_gmt":"2009-05-12T14:00:54","guid":{"rendered":"http:\/\/127.0.0.1\/site\/2017\/2\/1985\/deficits_soar_even_with_rosy_assumptions_in_new_obama_budget\/"},"modified":"2009-05-12T14:00:54","modified_gmt":"2009-05-12T14:00:54","slug":"deficits_soar_even_with_rosy_assumptions_in_new_obama_budget","status":"publish","type":"post","link":"https:\/\/kendallharmon.net\/?p=12754","title":{"rendered":"Deficits soar even with rosy assumptions in new Obama budget"},"content":{"rendered":"<p>The White House on Monday projected 2009 and 2010 federal budget deficits far higher than it forecast just two and a half months ago, even as it continued to defy most experts and predict that the economy is headed for a strong comeback starting late this year.<\/p>\n<p>Economists scoffed at the latest administration predictions.<\/p>\n<p>&#8220;If they keep playing this game, they&#8217;re going to have real credibility problems,&#8221; predicted Brian Bethune, the chief U.S. financial economist at IHS Global Insight, an economic research firm.<\/p>\n<p><a href=\"http:\/\/www.mcclatchydc.com\/homepage\/story\/67948.html\">Read it all<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The White House on Monday projected 2009 and 2010 federal budget deficits far higher than it forecast just two and a half months ago, even as it continued to defy most experts and predict that the economy is headed for<span class=\"ellipsis\">&hellip;<\/span><\/p>\n<div class=\"read-more\"><a href=\"https:\/\/kendallharmon.net\/?p=12754\">Read more &#8250;<\/a><\/div>\n<p><!-- end of .read-more --><\/p>\n","protected":false},"author":794,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[40,670,149,616,151,667,596,669,584],"tags":[],"class_list":["post-12754","post","type-post","status-publish","format-standard","hentry","category-economics-politics","category-budget","category-economy","category-office-of-the-president","category-politics-in-general","category-president-barack-obama","category-the-credit-freeze-crisis-of-fall-2008the-recession-of-2007","category-the-national-deficit","category-the-u-s-government"],"_links":{"self":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/12754","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/users\/794"}],"replies":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=12754"}],"version-history":[{"count":0,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/12754\/revisions"}],"wp:attachment":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=12754"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=12754"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=12754"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}