{"id":1665,"date":"2008-03-07T19:24:31","date_gmt":"2008-03-07T19:24:31","guid":{"rendered":"0"},"modified":"2008-03-07T19:25:09","modified_gmt":"2008-03-07T19:25:09","slug":"the_selffulfill","status":"publish","type":"post","link":"http:\/\/marcdanziger.com\/?p=1665","title":{"rendered":"The Self-Fulfilling Recession"},"content":{"rendered":"<p>Over at <a href=\"http:\/\/www.laobserved.com\/biz\/2008\/03\/selffulfilling_reces.php\" target=\"browser\">LA Biz Observed<\/a>, Mark Lacter makes a point I&#8217;ve wondered about as well.<\/p>\n<blockquote><p><i>Never in my memory has the question of whether we&#8217;re entering a recession gotten so much attention, both in the press and on Wall Street. At this point the conventional wisdom is that a recession has either arrived or is about to. Certainly, there&#8217;s plenty of evidence pointing in that direction &#8211; tomorrow&#8217;s employment report is expected to be dismal &#8211; and yet <a href=\"http:\/\/www.businessweek.com\/investor\/content\/mar2008\/pi2008035_362526.htm?chan=top+news_top+news+index_top+story\" target=\"browser\">Business Week&#8217;s<\/a> Chris Farrell suggests that the half-filled glass crowd is getting shunted aside.<\/i><\/p><\/blockquote>\n<p>Then again, the natural cycles clear the brush for the &#8216;creative destruction&#8217; I believe in so much. So maybe talking ourselves into an overdue recession isn&#8217;t such a bad thing&#8230;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Over at LA Biz Observed, Mark Lacter makes a point I&#8217;ve wondered about as well. Never in my memory has the question of whether we&#8217;re entering a recession gotten so much attention, both in the press and on Wall Street. At this point the conventional wisdom is that a recession has either arrived or is [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[],"tags":[],"_links":{"self":[{"href":"http:\/\/marcdanziger.com\/index.php?rest_route=\/wp\/v2\/posts\/1665"}],"collection":[{"href":"http:\/\/marcdanziger.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/marcdanziger.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/marcdanziger.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/marcdanziger.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1665"}],"version-history":[{"count":0,"href":"http:\/\/marcdanziger.com\/index.php?rest_route=\/wp\/v2\/posts\/1665\/revisions"}],"wp:attachment":[{"href":"http:\/\/marcdanziger.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1665"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/marcdanziger.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1665"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/marcdanziger.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1665"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}