{"id":11792,"date":"2011-07-14T06:33:07","date_gmt":"2011-07-14T13:33:07","guid":{"rendered":"http:\/\/www.survival-spot.com\/survival-blog\/?p=11792"},"modified":"2011-09-16T08:46:26","modified_gmt":"2011-09-16T15:46:26","slug":"the-impending-triple-hit-to-the-u-s-economy","status":"publish","type":"post","link":"https:\/\/www.survival-spot.com\/survival-blog\/the-impending-triple-hit-to-the-u-s-economy\/","title":{"rendered":"The Impending Triple Hit to the U.S. Economy"},"content":{"rendered":"<p>\n<a href=\"https:\/\/www.survival-spot.com\/survival-blog\/wp-content\/uploads\/2011\/07\/unemployment-line.jpg\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.survival-spot.com\/survival-blog\/wp-content\/uploads\/2011\/07\/unemployment-line.jpg\" alt=\"unemployment line\" title=\"unemployment-line\" width=\"190\" height=\"121\" class=\"alignleft size-full wp-image-11793\" \/><\/a>The U.S. economy appears to be headed for another meltdown.<!--more--> The unemployment rate rose to 9.2 percent in June, the highest it&#8217;s been since January, prompting the Dow to take a 1.2 percent slide which translates into a loss of 151 points. Prior to today, the Dow fell from a high of 12,807 on May 2nd to a low of 11,897 on June 15. The Dow rebounded briefly from June 24 to July 7 only to fall to 12,505 on July 11; 300 points lower than the two month high.<\/p>\n<p>This does not translate into good news. The Dow is falling, job growth is nonexistent, and the unemployment rate is up, but that&#8217;s not the worst of the economic news. After December 2011, extended unemployment benefits expire. According to The Lookout, the loss of unemployment benefits will remove $37 billion from the economy. Almost 20 percent of personal income is &#8220;now provided by the government,&#8221; reports the New York Times. <\/p>\n<p><a href=\"http:\/\/news.yahoo.com\/impending-triple-hit-u-economy-193800745.html\" class=\"broken_link\">Read Entire Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The U.S. economy appears to be headed for another meltdown.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[391,195],"tags":[],"class_list":["post-11792","post","type-post","status-publish","format-standard","hentry","category-economy","category-news"],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.survival-spot.com\/survival-blog\/wp-json\/wp\/v2\/posts\/11792","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.survival-spot.com\/survival-blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.survival-spot.com\/survival-blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.survival-spot.com\/survival-blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.survival-spot.com\/survival-blog\/wp-json\/wp\/v2\/comments?post=11792"}],"version-history":[{"count":0,"href":"https:\/\/www.survival-spot.com\/survival-blog\/wp-json\/wp\/v2\/posts\/11792\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.survival-spot.com\/survival-blog\/wp-json\/wp\/v2\/media?parent=11792"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.survival-spot.com\/survival-blog\/wp-json\/wp\/v2\/categories?post=11792"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.survival-spot.com\/survival-blog\/wp-json\/wp\/v2\/tags?post=11792"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}