{"id":1048,"date":"2012-01-22T10:06:10","date_gmt":"2012-01-22T01:06:10","guid":{"rendered":"http:\/\/www.irken.jp\/gn\/?p=1048"},"modified":"2012-01-22T10:06:10","modified_gmt":"2012-01-22T01:06:10","slug":"wall-street-journal-january-20-2012","status":"publish","type":"post","link":"https:\/\/www.irken.jp\/gn\/?p=1048","title":{"rendered":"Wall Street Journal (January 20, 2012)"},"content":{"rendered":"<p><!--:en-->\u201cRun up spending and debt, raise taxes in the naming of balancing the budget, but then watch as deficits rise and your credit-rating falls anyway.\u201d The Journal describes not a European country, but the State of Illinois, which was just downgraded by Moody\u2019s to A2, the worst rating of all 50 states. Among other problems, Illinois \u201chas $6.8 billion in unpaid bills and unaddressed obligations\u201d and a pension fund which covers less than half of its projected liabilities.<!--:--><!--:ja--><\/p>\n<p>\u201cRun up spending and debt, raise taxes in the naming of balancing the budget, but then watch as deficits rise and your credit-rating falls anyway.\u201d The Journal describes not a European country, but the State of Illinois, which was just downgraded by Moody\u2019s to A2, the worst rating of all 50 states. Among other problems, Illinois \u201chas $6.8 billion in unpaid bills and unaddressed obligations\u201d and a pension fund which covers less than half of its projected liabilities.<\/p>\n<p><!--:--><\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u201cRun up spending and debt, raise taxes in the naming of balancing the budget, but then watch as deficits rise and your credit-rating falls anyway.\u201d The Journal describes not a European country, but the State of Illinois, which was just downgraded by Moody\u2019s to A2, the worst rating of all 50 states. Among other problems, [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[540,162,1088,67,1089,408],"class_list":["post-1048","post","type-post","status-publish","format-standard","hentry","category-global-news","tag-budget","tag-deficit","tag-illinois","tag-moodys","tag-pension","tag-taxes"],"_links":{"self":[{"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=\/wp\/v2\/posts\/1048","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1048"}],"version-history":[{"count":2,"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=\/wp\/v2\/posts\/1048\/revisions"}],"predecessor-version":[{"id":1075,"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=\/wp\/v2\/posts\/1048\/revisions\/1075"}],"wp:attachment":[{"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1048"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1048"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1048"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}