{"id":2356,"date":"2012-07-30T14:09:32","date_gmt":"2012-07-30T18:09:32","guid":{"rendered":"http:\/\/therationalprogressive.com\/cms\/?p=2356"},"modified":"2012-07-30T14:09:32","modified_gmt":"2012-07-30T18:09:32","slug":"chart-how-state-and-local-budget-cuts-are-holding-back-gdp-growth-thinkprogress","status":"publish","type":"post","link":"http:\/\/therationalprogressive.com\/cms\/2012\/07\/chart-how-state-and-local-budget-cuts-are-holding-back-gdp-growth-thinkprogress\/","title":{"rendered":"CHART: How State And Local Budget Cuts Are Holding Back GDP Growth | ThinkProgress"},"content":{"rendered":"<p>As the Tax Policy Center noted, \u201cin 2011, the state and local sector contracted 3.4 percent, the largest decline since World War II.\u201d Budget cuts have actually knocked several tenths of a percentage point off of national GDP in each of the last two years and in the first half of 2012, as this chart shows:<\/p>\n<p style=\"text-align: center;\"><a href=\"http:\/\/thinkprogress.org\/economy\/2012\/07\/30\/605971\/chart-how-state-and-local-budget-cuts-are-holding-back-gdp-growth\/\"><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter\" src=\"http:\/\/therationalprogressive.com\/cms\/wp-content\/uploads\/2012\/07\/budgetcutsgdp.png\" alt=\"\" width=\"374\" height=\"226\" \/><\/a><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p><strong>MORE:<\/strong>\u00a0<a href=\"http:\/\/thinkprogress.org\/economy\/2012\/07\/30\/605971\/chart-how-state-and-local-budget-cuts-are-holding-back-gdp-growth\/\" target=\"_blank\">CHART: How State And Local Budget Cuts Are Holding Back GDP Growth | ThinkProgress<\/a>.<\/p>\n<p>&nbsp;<\/p>\n<hr \/>\n","protected":false},"excerpt":{"rendered":"<p>As the Tax Policy Center noted, \u201cin 2011, the state and local sector contracted 3.4 percent, the largest decline since World War II.\u201d Budget cuts have actually knocked several tenths of a percentage point off of national GDP in each of the last two years and in the first half of 2012, as this chart&#8230;<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[16,22,7],"tags":[1349,537,1165,37],"_links":{"self":[{"href":"http:\/\/therationalprogressive.com\/cms\/wp-json\/wp\/v2\/posts\/2356"}],"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=2356"}],"version-history":[{"count":2,"href":"http:\/\/therationalprogressive.com\/cms\/wp-json\/wp\/v2\/posts\/2356\/revisions"}],"predecessor-version":[{"id":2363,"href":"http:\/\/therationalprogressive.com\/cms\/wp-json\/wp\/v2\/posts\/2356\/revisions\/2363"}],"wp:attachment":[{"href":"http:\/\/therationalprogressive.com\/cms\/wp-json\/wp\/v2\/media?parent=2356"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/therationalprogressive.com\/cms\/wp-json\/wp\/v2\/categories?post=2356"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/therationalprogressive.com\/cms\/wp-json\/wp\/v2\/tags?post=2356"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}