How a Government Shutdown Until Year-End Cripples
Post# of 102231
How a Government Shutdown Until Year-End Cripples GDP
The last government shutdown in 1995/1996 lasted more than three weeks. The one that is about to start could last longer. The stakes are not just over the budget and President Obama’s health care law. The debt ceiling debate comes soon enough that the leverage Congress and the administration hope to gain could well prolong the time the government is closed for several weeks, if not longer. Many economists expect a federal shutdown, even if very brief, to harm gross domestic product (GDP) fairly quickly. http://247wallst.com/economy/2013/09/30/how-a...?link=mktw