{"id":729,"date":"2022-05-26T00:47:18","date_gmt":"2022-05-26T00:47:18","guid":{"rendered":"https:\/\/eloquentgrammarsociety.com\/?p=729"},"modified":"2022-05-26T00:47:53","modified_gmt":"2022-05-26T00:47:53","slug":"should-the-us-enter-a-period-of-austerity","status":"publish","type":"post","link":"https:\/\/eloquentgrammarsociety.com\/index.php\/2022\/05\/26\/should-the-us-enter-a-period-of-austerity\/","title":{"rendered":"Should the US enter a period of Austerity?"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">We need to ween ourselves off of consumerism. It probably won&#8217;t happen. We are a little too entrenched in the cycle of buying until we&#8217;re buried. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">And It is going more expensive to by things we want, like homes. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Morning Brew: Virtually\u00a0<a rel=\"noreferrer noopener\" href=\"https:\/\/twitter.com\/calculatedrisk\/status\/1474071716846456839?s=20\" target=\"_blank\">no new homes<\/a>\u00a0in the US sold for under $200,000 in November, according to a new report from the Commerce Department. Compare that to 2002, when houses priced under $200k accounted for 56% of all new home sales.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">WSJ: In the first quarter of 2022, the median sale price in San Francisco was $1.875 million, up about 21% from $1.55 million in the first quarter of 2020, she said.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Day 27 Writing challenge <\/p>\n","protected":false},"excerpt":{"rendered":"<p>We need to ween ourselves off of consumerism. It probably won&#8217;t happen. We are a little too entrenched in the cycle of buying until we&#8217;re buried. And It is going more expensive to by things we want, like homes. Morning Brew: Virtually\u00a0no new homes\u00a0in the US sold for under $200,000 in November, according to a [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":782,"comment_status":"open","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[68],"tags":[115],"class_list":["post-729","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-digital-nomad","tag-writing-challenge"],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/i0.wp.com\/eloquentgrammarsociety.com\/wp-content\/uploads\/2022\/05\/pexels-photo-4947031.jpeg?fit=867%2C1300&ssl=1","_links":{"self":[{"href":"https:\/\/eloquentgrammarsociety.com\/index.php\/wp-json\/wp\/v2\/posts\/729","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/eloquentgrammarsociety.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/eloquentgrammarsociety.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/eloquentgrammarsociety.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/eloquentgrammarsociety.com\/index.php\/wp-json\/wp\/v2\/comments?post=729"}],"version-history":[{"count":4,"href":"https:\/\/eloquentgrammarsociety.com\/index.php\/wp-json\/wp\/v2\/posts\/729\/revisions"}],"predecessor-version":[{"id":784,"href":"https:\/\/eloquentgrammarsociety.com\/index.php\/wp-json\/wp\/v2\/posts\/729\/revisions\/784"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/eloquentgrammarsociety.com\/index.php\/wp-json\/wp\/v2\/media\/782"}],"wp:attachment":[{"href":"https:\/\/eloquentgrammarsociety.com\/index.php\/wp-json\/wp\/v2\/media?parent=729"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/eloquentgrammarsociety.com\/index.php\/wp-json\/wp\/v2\/categories?post=729"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/eloquentgrammarsociety.com\/index.php\/wp-json\/wp\/v2\/tags?post=729"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}