Economics of government shutdown
- Tom Mazanec
- Posts: 4181
- Joined: Sun Sep 21, 2008 12:13 pm
Economics of government shutdown
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
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
“Hard times create strong men. Strong men create good times. Good times create weak men. And, weak men create hard times.”
― G. Michael Hopf, Those Who Remain
― G. Michael Hopf, Those Who Remain
- Tom Mazanec
- Posts: 4181
- Joined: Sun Sep 21, 2008 12:13 pm
Re: Economics of government shutdown
Five ways the shutdown costs money:
https://www.usatoday.com/story/news/201 ... 573961002/
More on SNAP & the Shutdown:
https://federalnewsnetwork.com/governme ... -how-long/
220,000 in Colorado face loss of SNAP:
https://www.thedenverchannel.com/news/l ... f-shutdown
SNAP & TANF:
http://www.governing.com/topics/health- ... y-net.html
Starting to hit growth statistics:
https://www.washingtonpost.com/news/pow ... 4bbaee3d88
Trump administration: Twice as bad as thought:
https://www.cnbc.com/2019/01/15/source- ... ostly.html
https://www.usatoday.com/story/news/201 ... 573961002/
More on SNAP & the Shutdown:
https://federalnewsnetwork.com/governme ... -how-long/
220,000 in Colorado face loss of SNAP:
https://www.thedenverchannel.com/news/l ... f-shutdown
SNAP & TANF:
http://www.governing.com/topics/health- ... y-net.html
Starting to hit growth statistics:
https://www.washingtonpost.com/news/pow ... 4bbaee3d88
Trump administration: Twice as bad as thought:
https://www.cnbc.com/2019/01/15/source- ... ostly.html
“Hard times create strong men. Strong men create good times. Good times create weak men. And, weak men create hard times.”
― G. Michael Hopf, Those Who Remain
― G. Michael Hopf, Those Who Remain
- Tom Mazanec
- Posts: 4181
- Joined: Sun Sep 21, 2008 12:13 pm
Re: Economics of government shutdown
Shutdown lowering outlook:
https://seekingalpha.com/article/423368 ... ic-outlook
Harm is beginning:
https://www.ft.com/content/b4970904-190 ... 50b3105d21
Warnings growing louder:
https://www.businessinsider.com/governm ... omy-2019-1
Pain deepening and spreading:
https://www.cbsnews.com/news/government ... nd-spread/
How the shutdown is hurting:
https://theweek.com/articles/817761/how ... ut-economy
The real danger to the economy - it's flying blind:
https://www.brookings.edu/blog/fixgov/2 ... n-economy/
https://seekingalpha.com/article/423368 ... ic-outlook
Harm is beginning:
https://www.ft.com/content/b4970904-190 ... 50b3105d21
Warnings growing louder:
https://www.businessinsider.com/governm ... omy-2019-1
Pain deepening and spreading:
https://www.cbsnews.com/news/government ... nd-spread/
How the shutdown is hurting:
https://theweek.com/articles/817761/how ... ut-economy
The real danger to the economy - it's flying blind:
https://www.brookings.edu/blog/fixgov/2 ... n-economy/
“Hard times create strong men. Strong men create good times. Good times create weak men. And, weak men create hard times.”
― G. Michael Hopf, Those Who Remain
― G. Michael Hopf, Those Who Remain
- Tom Mazanec
- Posts: 4181
- Joined: Sun Sep 21, 2008 12:13 pm
Re: Economics of government shutdown
WSJ's take:
https://blogs.wsj.com/economics/2019/01 ... e-economy/
Investors starting to worry:
https://www.marketwatch.com/story/why-s ... 2019-01-16
Longer it goes, worse it gets (and I think it will go on long):
https://www.nreionline.com/finance-inve ... us-economy
The economy or the wall:
https://www.cnn.com/2019/01/17/politics ... index.html
https://blogs.wsj.com/economics/2019/01 ... e-economy/
Investors starting to worry:
https://www.marketwatch.com/story/why-s ... 2019-01-16
Longer it goes, worse it gets (and I think it will go on long):
https://www.nreionline.com/finance-inve ... us-economy
The economy or the wall:
https://www.cnn.com/2019/01/17/politics ... index.html
“Hard times create strong men. Strong men create good times. Good times create weak men. And, weak men create hard times.”
― G. Michael Hopf, Those Who Remain
― G. Michael Hopf, Those Who Remain
- Tom Mazanec
- Posts: 4181
- Joined: Sun Sep 21, 2008 12:13 pm
Re: Economics of government shutdown
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.
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.
“Hard times create strong men. Strong men create good times. Good times create weak men. And, weak men create hard times.”
― G. Michael Hopf, Those Who Remain
― G. Michael Hopf, Those Who Remain
- Tom Mazanec
- Posts: 4181
- Joined: Sun Sep 21, 2008 12:13 pm
Re: Economics of government shutdown
Where we are now:
https://www.cnn.com/2019/01/20/politics ... index.html
Meanwhile
Will the Shutdown depress the economy?
https://seekingalpha.com/article/423432 ... ss-economy
https://seekingalpha.com/article/423432 ... omy?page=2
https://seekingalpha.com/article/423432 ... omy?page=3
Also
Shutdown threatens US dollar:
https://www.fxstreet.com/news/us-govern ... 1901202201
43.6 million get there last food stamps till "Openup":
https://thedailycoin.org/2019/01/18/the ... few-weeks/
https://www.cnn.com/2019/01/20/politics ... index.html
Meanwhile
Will the Shutdown depress the economy?
https://seekingalpha.com/article/423432 ... ss-economy
https://seekingalpha.com/article/423432 ... omy?page=2
https://seekingalpha.com/article/423432 ... omy?page=3
Also
Shutdown threatens US dollar:
https://www.fxstreet.com/news/us-govern ... 1901202201
43.6 million get there last food stamps till "Openup":
https://thedailycoin.org/2019/01/18/the ... few-weeks/
“Hard times create strong men. Strong men create good times. Good times create weak men. And, weak men create hard times.”
― G. Michael Hopf, Those Who Remain
― G. Michael Hopf, Those Who Remain
- Tom Mazanec
- Posts: 4181
- Joined: Sun Sep 21, 2008 12:13 pm
Re: Economics of government shutdown
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
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
“Hard times create strong men. Strong men create good times. Good times create weak men. And, weak men create hard times.”
― G. Michael Hopf, Those Who Remain
― G. Michael Hopf, Those Who Remain
- Tom Mazanec
- Posts: 4181
- Joined: Sun Sep 21, 2008 12:13 pm
Re: Economics of government shutdown
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
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
“Hard times create strong men. Strong men create good times. Good times create weak men. And, weak men create hard times.”
― G. Michael Hopf, Those Who Remain
― G. Michael Hopf, Those Who Remain
- Tom Mazanec
- Posts: 4181
- Joined: Sun Sep 21, 2008 12:13 pm
Re: Economics of government shutdown
This might be just an intermission:
https://www.washingtonexaminer.com/opin ... termission
https://www.washingtonexaminer.com/opin ... termission
“Hard times create strong men. Strong men create good times. Good times create weak men. And, weak men create hard times.”
― G. Michael Hopf, Those Who Remain
― G. Michael Hopf, Those Who Remain
- Tom Mazanec
- Posts: 4181
- Joined: Sun Sep 21, 2008 12:13 pm
Re: Economics of government shutdown
Is this Trump's real strategy?
https://www.americanthinker.com/article ... _odds.html
https://www.americanthinker.com/article ... _odds.html
“Hard times create strong men. Strong men create good times. Good times create weak men. And, weak men create hard times.”
― G. Michael Hopf, Those Who Remain
― G. Michael Hopf, Those Who Remain
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