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NOTICE - @alexa TB'd for Trolling and bad faith posting.
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Any time you give a man something he doesn't earn, you cheapen him. Our kids earn what they get, and that includes respect. -- Woody Hayes
Tradition is not the worship of ashes, but the preservation of fire. ― Gustav Mahler
In quoting my post, you affirm and agree that you have not been goaded, provoked, emotionally manipulated or otherwise coerced into responding.
"The difference between what we do and what we are capable of doing would suffice to solve most of the world’s problems.”
Mahatma Gandhi
Green Arrow (01-31-2019)
Here's a study on What’s the economic impact of a government shutdown?
It finds, based on the previous shutdown, two short term effects:
1 "decline in average household spending of almost 10 percent"
2 "households with a member who was furloughed and required to stay home from work slashed their spending more dramatically — by 15 percent to 20 percent"
This was immediately balanced by what they call long-term effects:
"This repayment, essentially increasing the size of their first post-shutdown paychecks, had significant and immediate effects on household spending. A sudden spike in spending occurred in the days after the paychecks were disbursed, largely erasing some of the most dramatic declines in spending during the previous two weeks."
They speculate what effect a longer shut down might have but have no data to base it on.
So it's a wash unless Congress refuses back pay.
Tradition is not the worship of ashes, but the preservation of fire. ― Gustav Mahler
Peter1469 (01-30-2019)
The CBO finds the same as above, Government Shutdown Cut Into Economic Growth, CBO Says:
In short, an immediate small downturn followed by an recouperating upswing.The report says that because of the shutdown, which lasted from Dec. 22 through last Friday, about $18 billion in discretionary government spending was delayed. Most of the money will be spent later, now that the shutdown has ended.
As a result, the nation's gross domestic product will be about 0.2 percentage points lower for the fourth quarter of 2018 and 0.4 percentage points lower during the first quarter of 2019 than it would have been, although part of that will be recouped later in the year.
The sky's not going to fall.
Tradition is not the worship of ashes, but the preservation of fire. ― Gustav Mahler
Liberals are a clear and present danger to our nation
Pick your enemies carefully.
Chris (01-30-2019),MisterVeritis (01-30-2019)