{"id":456,"date":"2009-02-27T16:48:19","date_gmt":"2009-02-27T20:48:19","guid":{"rendered":"https:\/\/www.pbs.org\/wnet\/blueprintamerica\/?p=456"},"modified":"2009-02-27T16:48:19","modified_gmt":"2009-02-27T20:48:19","slug":"headlines-column-is-the-net-impact-of-the-obama-economic-plan-positive-or-negative","status":"publish","type":"post","link":"https:\/\/www.pbs.org\/wnet\/blueprintamerica\/headlines\/headlines-column-is-the-net-impact-of-the-obama-economic-plan-positive-or-negative\/456\/","title":{"rendered":"Column: Is the Net Impact of the Obama Economic Plan Positive or Negative?"},"content":{"rendered":"<p><a href=\"http:\/\/www.reedconstructiondata.com\/jim-haughey\/post\/is-the-net-impact-of-the-obama-economic-plan-positive-or-negative\/?nid=2816\"><strong>Reed\/ACP Construction Data<\/strong><\/a> &#8211; We have seen hard evidence over the last year that the negative impact of low spending confidence is bigger than the positive impact of cheap credit and, until a few months ago, rising incomes.  Currently, home affordability is record high and confidence is record low.  Result: the housing market is depressed and still worsening and the problems are spreading rapidly to nonresidential construction. Many consumers, businesses (and their lenders) are not willing to make long term financial commitments. Some of the more than 50% plunge in consumer confidence since September can be attributed to the Obama team\u2019s exaggerated comparisons of the current economy to the 1930s. <a href=\"http:\/\/www.reedconstructiondata.com\/jim-haughey\/post\/is-the-net-impact-of-the-obama-economic-plan-positive-or-negative\/?nid=2816\">[read more&#8230;]<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reed\/ACP Construction Data &#8211; We have seen hard evidence over the last year that the negative impact of low spending confidence is bigger than the positive impact of cheap credit and, until a few months ago, rising incomes. Currently, home affordability is record high and confidence is record low. Result: the housing market is depressed [&hellip;]<\/p>\n","protected":false},"author":46,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2194],"tags":[],"class_list":["post-456","post","type-post","status-publish","format-standard","hentry","category-headlines"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Headlines ~ Column: Is the Net Impact of the Obama Economic Plan Positive or Negative? | Blueprint America | PBS<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.pbs.org\/wnet\/blueprintamerica\/headlines\/headlines-column-is-the-net-impact-of-the-obama-economic-plan-positive-or-negative\/456\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Headlines ~ Column: Is the Net Impact of the Obama Economic Plan Positive or Negative? | Blueprint America | PBS\" \/>\n<meta property=\"og:description\" content=\"Reed\/ACP Construction Data &#8211; We have seen hard evidence over the last year that the negative impact of low spending confidence is bigger than the positive impact of cheap credit and, until a few months ago, rising incomes. 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