{"id":1367,"date":"2012-02-23T10:50:32","date_gmt":"2012-02-23T15:50:32","guid":{"rendered":"http:\/\/therationalprogressive.com\/cms\/?p=1367"},"modified":"2012-02-23T10:50:32","modified_gmt":"2012-02-23T15:50:32","slug":"why-the-right-is-wrong-about-saving-detroit","status":"publish","type":"post","link":"http:\/\/therationalprogressive.com\/cms\/2012\/02\/why-the-right-is-wrong-about-saving-detroit\/","title":{"rendered":"Why The Right Is Wrong About Saving Detroit"},"content":{"rendered":"<p>An emerging myth being pushed by the right contends that federal spending to rescue GM and Chrysler was unnecessary, and that the companies instead should have gone through a &#8220;traditional&#8221; bankruptcy. In fact, economists at the time explained that frozen credit markets made private financing for a &#8220;traditional&#8221; bankruptcy impossible.<\/p>\n<p>READ MORE:<\/p>\n<p>via <a href=\"http:\/\/mediamatters.org\/research\/201202170006\">Why The Right Is Wrong About Saving Detroit | Media Matters for America<\/a>.<\/p>\n<p>&nbsp;<\/p>\n<hr\/>\n","protected":false},"excerpt":{"rendered":"<p>An emerging myth being pushed by the right contends that federal spending to rescue GM and Chrysler was unnecessary, and that the companies instead should have gone through a &#8220;traditional&#8221; bankruptcy. In fact, economists at the time explained that frozen credit markets made private financing for a &#8220;traditional&#8221; bankruptcy impossible. READ MORE: via Why The&#8230;<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[16,22],"tags":[896,225,30,897],"_links":{"self":[{"href":"http:\/\/therationalprogressive.com\/cms\/wp-json\/wp\/v2\/posts\/1367"}],"collection":[{"href":"http:\/\/therationalprogressive.com\/cms\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/therationalprogressive.com\/cms\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/therationalprogressive.com\/cms\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/therationalprogressive.com\/cms\/wp-json\/wp\/v2\/comments?post=1367"}],"version-history":[{"count":1,"href":"http:\/\/therationalprogressive.com\/cms\/wp-json\/wp\/v2\/posts\/1367\/revisions"}],"predecessor-version":[{"id":1368,"href":"http:\/\/therationalprogressive.com\/cms\/wp-json\/wp\/v2\/posts\/1367\/revisions\/1368"}],"wp:attachment":[{"href":"http:\/\/therationalprogressive.com\/cms\/wp-json\/wp\/v2\/media?parent=1367"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/therationalprogressive.com\/cms\/wp-json\/wp\/v2\/categories?post=1367"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/therationalprogressive.com\/cms\/wp-json\/wp\/v2\/tags?post=1367"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}