{"id":14641,"date":"2009-08-26T15:30:48","date_gmt":"2009-08-26T15:30:48","guid":{"rendered":"http:\/\/127.0.0.1\/site\/2017\/2\/1985\/deficit_fears_put_obamas_reforms_in_jeopardy\/"},"modified":"2009-08-26T15:30:48","modified_gmt":"2009-08-26T15:30:48","slug":"deficit_fears_put_obamas_reforms_in_jeopardy","status":"publish","type":"post","link":"https:\/\/kendallharmon.net\/?p=14641","title":{"rendered":"FT: Deficit fears put Obama\u2019s reforms in Jeopardy"},"content":{"rendered":"<p>Tuesday\u2019s sharply upgraded forecasts for growth in US national debt over the ext decade could hardly have come at a worse time for Barack Obama. Shortly after he was elected last November, the president let it be known he preferred the \u201cbig bang\u201d\u009d approach to domestic reforms.<\/p>\n<p>As Rahm Emanuel, the White House chief of staff put it, you should \u201cnever allow a crisis to go to waste\u201d\u009d. In other words, the financial meltdown was seen as an opportunity for Mr Obama to enact as many of his key reforms, including healthcare, within the first year of taking office.<\/p>\n<p>But fears of the Great Depression have receded only to be replaced by mounting concern over the country\u2019s long-term creditworthiness. Rather than shoring up the appetite for domestic reform, the rising tide of fiscal panic could threaten large chunks of Mr Obama\u2019s agenda.<\/p>\n<p><a href=\"http:\/\/www.ft.com\/cms\/s\/0\/25092270-91af-11de-879d-00144feabdc0.html\">Read it all<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tuesday\u2019s sharply upgraded forecasts for growth in US national debt over the ext decade could hardly have come at a worse time for Barack Obama. Shortly after he was elected last November, the president let it be known he preferred<span class=\"ellipsis\">&hellip;<\/span><\/p>\n<div class=\"read-more\"><a href=\"https:\/\/kendallharmon.net\/?p=14641\">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":[40,149,616,151,667,666,596,669,584],"tags":[],"class_list":["post-14641","post","type-post","status-publish","format-standard","hentry","category-economics-politics","category-economy","category-office-of-the-president","category-politics-in-general","category-president-barack-obama","category-president-george-bush","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\/14641","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=14641"}],"version-history":[{"count":0,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/14641\/revisions"}],"wp:attachment":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=14641"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=14641"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=14641"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}