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Economics of government shutdown

Posted: Thu Jan 10, 2019 1:45 pm
by Tom Mazanec
800,000 Federal workers without pay, 4.1 million contractors in limbo:
https://www.cnbc.com/2019/01/02/amid-th ... -food.html
42 million SNAP recipients, 7 million WIC recipients face loss of food stamps March 1:
https://www.cbsnews.com/news/government ... 018-01-09/
A typical story:
https://www.cnn.com/2019/01/06/us/shutd ... index.html
Fitch may downgrade US credit rating:
https://thehill.com/policy/finance/4245 ... dit-rating

Re: Economics of government shutdown

Posted: Tue Jan 15, 2019 9:34 pm
by Tom Mazanec

Re: Economics of government shutdown

Posted: Wed Jan 16, 2019 4:11 pm
by Tom Mazanec

Re: Economics of government shutdown

Posted: Thu Jan 17, 2019 3:27 pm
by Tom Mazanec

Re: Economics of government shutdown

Posted: Sat Jan 19, 2019 11:06 am
by Tom Mazanec
Consumer confidence plunging:
https://www.nytimes.com/2019/01/18/busi ... onomy.html
Other problems of the shutdown:
https://www.vox.com/policy-and-politics ... orkers-gdp
Shutdown is economic self-harm:
https://www.economist.com/united-states ... -self-harm

Many optimists seem to be linearly extrapolating the economic effects of earlier shutdowns. But shutdown effects grow exponentially, not linearly. And IMHO Trump and the Democrats are playing chicken, and I think they are both stubborn enough to collide.

Re: Economics of government shutdown

Posted: Mon Jan 21, 2019 7:38 am
by Tom Mazanec

Re: Economics of government shutdown

Posted: Wed Jan 23, 2019 1:49 pm
by Tom Mazanec
Shutdown could cause recession (video):
https://thedailycoin.org/2019/01/16/gov ... ion-video/
and as it mentions, the debt ceiling will be the next mess.
Dems weakening?
https://www.foxnews.com/politics/cracks ... d-shutdown
Administration warns 0% growth Q1:
https://www.politico.com/story/2019/01/ ... my-1120921
Will SOTU speech weaken Trump?
https://www.huffingtonpost.com/entry/do ... aa26be7e3c
Feb 1 deadline for Judiciary:
https://www.politico.com/story/2019/01/ ... wn-1119974
Deal within two weeks?
https://www.marketwatch.com/story/gover ... 2019-01-22
Long time till March food stamps:
https://thehill.com/policy/finance/4264 ... n-february
38 million SNAP people face hunger:
https://www.huffingtonpost.com/entry/go ... 6936760e94
NTSB: 87 accidents not investigated:
https://www.cnn.com/2019/01/23/politics ... index.html
TSA workers suffering:
https://www.cnn.com/2019/01/23/politics ... index.html
Smithsonian losing $1,000,000.00/week:
https://www.cnn.com/2019/01/23/us/smith ... index.html
Coast Guard admiral lashes out:
https://www.politico.com/story/2019/01/ ... wn-1120190
Boeing, aviation industry hurt:
https://www.cnbc.com/2019/01/23/boeing- ... ustry.html

Re: Economics of government shutdown

Posted: Thu Jan 24, 2019 6:48 pm
by Tom Mazanec
Commerce Secretary: Fed workers should get loans:
https://www.nytimes.com/2019/01/24/busi ... tdown.html
Fed worker unemployment claims soar:
https://www.politico.com/story/2019/01/ ... nt-1111201
Administration preparing for indefinite duration:
https://www.nbcnews.com/politics/politi ... wn-n961961
Shutdown threatens to break air travel:
https://www.usatoday.com/story/travel/n ... 663071002/
Small transit threatened:
https://www.politico.com/story/2019/01/ ... ng-1107192
Costs mount, no end in sight:
https://www.nextgov.com/podcasts/2019/0 ... nt/154387/
Morgan Stanley CEO: Extremely negative:
https://finance.yahoo.com/news/morgan-s ... 00883.html
Trump is at fault:
https://theweek.com/articles/819270/tim ... down-trump
The Democrats are at fault:
https://www.courier-journal.com/story/o ... 595878002/
"The surgery to remove the lung cancer is on hold":
http://time.com/5506227/government-shut ... cal-bills/
Grassroots Republicans back Trump on Shutdown:
https://www.washingtonexaminer.com/news ... n-drags-on
35 hidden costs:
https://www.vox.com/2019/1/24/18188621/ ... dden-costs

Re: Economics of government shutdown

Posted: Sat Jan 26, 2019 9:21 am
by Tom Mazanec
This might be just an intermission:
https://www.washingtonexaminer.com/opin ... termission

Re: Economics of government shutdown

Posted: Wed Jan 30, 2019 9:14 am
by Tom Mazanec