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Continue reading “Federal Spending Cutbacks Slow Recovery – WSJ.com”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[33],"tags":[59,984,1416,3200],"class_list":["post-4983","post","type-post","status-publish","format-standard","hentry","category-uk-europe-countries-regions","tag-fiscal-cliff","tag-defense-spending","tag-fiscal-stimulus","tag-spending-cuts"],"yoast_head":"\nFederal Spending Cutbacks Slow Recovery - WSJ.com - the patient investor<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Federal Spending Cutbacks Slow Recovery - WSJ.com - the patient investor\" \/>\n<meta property=\"og:description\" content=\"BEN CASSELMAN and CONOR DOUGHERTY: Recent economic data show that long before the fiscal cliff hits, federal spending already is falling — and taking a toll on the recovery…….State and local governments are projected to receive $20.8 billion in federal stimulus funds in the 2012 fiscal year, ending in September, down from a combined $180.7 … Continue reading "Federal Spending Cutbacks Slow Recovery – WSJ.com"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/thepatientinvestor.com\/index.php\/2012\/07\/30\/federal-spending-cutbacks-slow-recovery-wsj-com\/\" \/>\n<meta property=\"og:site_name\" content=\"the patient investor\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/profile.php?id=61572934660810\" \/>\n<meta property=\"article:author\" content=\"https:\/\/facebook.com\/people\/The-Patient-Investor\/61572934660810\/\" \/>\n<meta property=\"article:published_time\" content=\"2012-07-31T00:16:11+00:00\" \/>\n<meta name=\"author\" content=\"Colin Twiggs\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Colin Twiggs\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2012\/07\/30\/federal-spending-cutbacks-slow-recovery-wsj-com\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2012\/07\/30\/federal-spending-cutbacks-slow-recovery-wsj-com\/\"},\"author\":{\"name\":\"Colin Twiggs\",\"@id\":\"https:\/\/thepatientinvestor.com\/#\/schema\/person\/d42b18d516a80149d739845749ac6454\"},\"headline\":\"Federal Spending Cutbacks Slow Recovery – WSJ.com\",\"datePublished\":\"2012-07-31T00:16:11+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2012\/07\/30\/federal-spending-cutbacks-slow-recovery-wsj-com\/\"},\"wordCount\":110,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/thepatientinvestor.com\/#organization\"},\"keywords\":[\"\\\"Fiscal Cliff\\\"\",\"defense spending\",\"fiscal stimulus\",\"spending cuts\"],\"articleSection\":[\"UK & Europe\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/thepatientinvestor.com\/index.php\/2012\/07\/30\/federal-spending-cutbacks-slow-recovery-wsj-com\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2012\/07\/30\/federal-spending-cutbacks-slow-recovery-wsj-com\/\",\"url\":\"https:\/\/thepatientinvestor.com\/index.php\/2012\/07\/30\/federal-spending-cutbacks-slow-recovery-wsj-com\/\",\"name\":\"Federal Spending Cutbacks Slow Recovery - 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Two veteran Budget forecasting groups, Deloitte Access Economics and Macroeconomics, have in recent days delivered their verdict on Mr Swan's mid-year Budget update: It's codswallop. The Federal\u2026","rel":"","context":"In "Australia & NZ"","block_context":{"text":"Australia & NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":6526,"url":"https:\/\/thepatientinvestor.com\/index.php\/2013\/01\/02\/congress-passes-fiscal-cliff-deal-wsj-com\/","url_meta":{"origin":4983,"position":1},"title":"Congress Passes Fiscal Cliff Deal – WSJ.com","author":"Colin Twiggs","date":"January 2, 2013","format":false,"excerpt":"WSJ writes that Congress passed a compromise bill to avert the fiscal cliff: The bill ...... was passed over opposition from conservative Republicans in the House who objected to the fact that it contained no long-term spending cuts of any significance. Both the U.S. Senate and House of Representatives approved\u2026","rel":"","context":"In "Economy"","block_context":{"text":"Economy","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":6067,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/11\/07\/markets-worry-about-fiscal-cliff\/","url_meta":{"origin":4983,"position":2},"title":"Markets Worry About Fiscal Cliff","author":"Colin Twiggs","date":"November 7, 2012","format":false,"excerpt":"Michael S. Derby writes about the looming fiscal cliff: The central problem is the lack of change. President Barack Obama was reelected. Democrats retained control of the Senate, while Republicans held on to the House of Representatives. The fiscal cliff can only be resolved if lawmakers work together. \u201cReturning to\u2026","rel":"","context":"In "Economy"","block_context":{"text":"Economy","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":21731,"url":"https:\/\/thepatientinvestor.com\/index.php\/2020\/09\/30\/why-todays-fiscal-stimulus-is-not-like-wwii-eric-basmajian\/","url_meta":{"origin":4983,"position":3},"title":"Why Today’s Fiscal Stimulus Is Not Like WWII | Eric Basmajian","author":"Colin Twiggs","date":"September 30, 2020","format":"video","excerpt":"https:\/\/youtu.be\/Rq5aBHsz0V0","rel":"","context":"In "Banks & Interest Rates"","block_context":{"text":"Banks & Interest Rates","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/the-fed-banks-interest-rates\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/img.youtube.com\/vi\/Rq5aBHsz0V0\/0.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":6530,"url":"https:\/\/thepatientinvestor.com\/index.php\/2013\/01\/02\/why-the-fiscal-cliff-deal-offers-little-to-celebrate-quartz\/","url_meta":{"origin":4983,"position":4},"title":"Why the fiscal cliff deal offers little to celebrate | Quartz","author":"Colin Twiggs","date":"January 2, 2013","format":false,"excerpt":"Gwynn Guilford writes: Most immediately worrisome is that [lawmakers] ......let a cut in the payroll tax (which pays for social security) expire. Though doing so will close the 2013 budget deficit by some $126 billion, it means that 160 million Americans -- including two-thirds of the lowest quintile of earners\u2026","rel":"","context":"In "Economy"","block_context":{"text":"Economy","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":6525,"url":"https:\/\/thepatientinvestor.com\/index.php\/2013\/01\/01\/disappointing-fiscal-cliff-compromise\/","url_meta":{"origin":4983,"position":5},"title":"Disappointing fiscal cliff compromise","author":"Colin Twiggs","date":"January 1, 2013","format":false,"excerpt":"Vice President Joe Biden and Senate Minority Leader Mitch McConnell (R, Ky) brokered a deal that is likely to be approved by the Senate early Tuesday before being put to a vote in the House later in the day. 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