{"id":8955,"date":"2012-05-07T14:14:15","date_gmt":"2012-05-07T22:14:15","guid":{"rendered":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/?p=8955"},"modified":"2012-05-07T14:14:15","modified_gmt":"2012-05-07T22:14:15","slug":"quote-of-the-day-418","status":"publish","type":"post","link":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/quote-of-the-day-418\/","title":{"rendered":"Quote of the Day"},"content":{"rendered":"<p><img loading=\"lazy\" class=\"alignright size-thumbnail wp-image-8957\" title=\"Nicolas-Sarkozy\" src=\"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-content\/uploads\/2012\/05\/Nicolas-Sarkozy1-150x150.jpg\" alt=\"\" width=\"150\" height=\"150\" srcset=\"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-content\/uploads\/2012\/05\/Nicolas-Sarkozy1-150x150.jpg 150w, https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-content\/uploads\/2012\/05\/Nicolas-Sarkozy1.jpg 236w\" sizes=\"(max-width: 150px) 100vw, 150px\" \/>&#8220;What\u2019s wrong with the prescription of spending cuts as the remedy for  <strong>Europe<\/strong>\u2019s ills? One answer is that the confidence fairy doesn\u2019t exist \u2014  that is, claims that slashing government spending would somehow  encourage consumers and businesses to spend more have been  overwhelmingly refuted by the experience of the past two years. So  spending cuts in a depressed economy just make the depression deeper.&#8221; &#8212; <em><strong>Paul Krugman<\/strong>, on the demise of <strong>Greece<\/strong>&#8216;s <a href=\"http:\/\/www.nytimes.com\/2012\/05\/07\/opinion\/krugman-those-revolting-europeans.html?_r=1&amp;src=me&amp;ref=general\" target=\"_blank\" class=\"broken_link\">austerity regime<\/a> and <strong>France<\/strong>&#8216;s ouster of the like-minded and fatally <a href=\"http:\/\/www.newyorker.com\/reporting\/2011\/12\/12\/111212fa_fact_gourevitch\" target=\"_blank\">boorish<\/a> <strong>Nicolas Sarkozy<\/strong>, better known as <strong>Carla Bruni<\/strong>&#8216;s husband<\/em>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;What\u2019s wrong with the prescription of spending cuts as the remedy for Europe\u2019s ills? One answer is that the confidence fairy doesn\u2019t exist \u2014 that is, claims that slashing government spending would somehow encourage consumers and businesses to spend more &hellip; <a href=\"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/quote-of-the-day-418\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[28,14,22],"tags":[],"_links":{"self":[{"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts\/8955"}],"collection":[{"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/comments?post=8955"}],"version-history":[{"count":1,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts\/8955\/revisions"}],"predecessor-version":[{"id":8958,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts\/8955\/revisions\/8958"}],"wp:attachment":[{"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/media?parent=8955"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/categories?post=8955"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/tags?post=8955"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}