{"article":{"__typename":"BlogArticle","id":"BlogArticle:22493","title":"GDP Falls Less Than Expected","seoTitle":"GDP Falls Less Than Expected","slug":"gdp-falls-less-than-expected","preview":null,"datePublished":"2009-07-31T14:37:23Z","primaryCategory":{"slug":"business","__typename":"Channel","displayName":"Business","url":"https://www.theatlantic.com/business/"},"editorialProject":null,"reviews":[],"authors":[{"id":"Author:825","displayName":"Megan McArdle","url":"https://www.theatlantic.com/author/megan-mcardle/","biography":{"default":"Megan McArdle is a columnist at Bloomberg View and a former senior editor at The Atlantic. Her new book is The Up Side of Down.","__typename":"Biography"},"socialMedia":[{"platform":"TWITTER","url":"https://twitter.com/asymmetricinfo","__typename":"SocialMedia"}],"__typename":"Author"}],"categories":[],"content":[{"__typename":"ArticleParagraphContent","subtype":null,"idAttr":"","innerHtml":"Woo-hoo! GDP only fell at an annualized pace of 1% in the second quarter! Pop the champagne!"},{"__typename":"ArticleParagraphContent","subtype":null,"idAttr":"","innerHtml":"Thoughts:
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Happiness is relative

This number will be revised, probably downward

Consumer saving continues to rise, and probably will for a while

Employment isn't going to recover for quite some time

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