Posted on 01/10/2019 9:05:37 AM PST by DCBryan1
The country would face an economic hellscape if the government shutdown lasts "months or even years," as the president has suggested it might, experts tell NBC News.
The doomsday scenario might be unlikely the longest the federal government has ever shut down is 21 days, a record that will fall if the current closure lasts until Saturday but it is chilling.
"We'll be in no man's land," Mark Zandi, chief economist at Moody's Analytics, told NBC News.
If the worst were to happen, experts say the devastating impact would be widespread:
38 million low-income Americans lose food stamps
6 million face an uncertain timetable for collecting tax refunds
2 million without rental assistance and facing possible eviction
800,000 paycheck-less federal employees plunged into dire financial straits
Shuttered parks and museums while overstressed airports cause tourism to tank
Federal court system slows to a crawl
Disaster relief money doesn't get to storm-ravaged areas Lapsed FDA and EPA inspections lead to dangerous outbreaks
Private companies looking to go public are stuck in limbo
Stock market plummets
The end isn't near yet. But if the standoff persists
(Excerpt) Read more at nbcnews.com ...
“And you can have that warm, fuzzy, safe feeling thinking about the possibility that your air traffic controller is more worried his house under foreclosure and being late to work because his truck was repossessed than his job.”
LOL, quite the drama queen aren’t you?
“A few missed paychecks means not making your mortgage payment or paying that car note for most people.”
And why don’t these overpaid federal employees have any savings? Sounds pretty irresponsible, since they make quite a bit more money than the civilian sector.
You mean ... Nibiru is finally gonna whack us?
“Conservatives should WELCOME at least 90% on that list.”
Amen brother! I think Trump should only re-open only important parts of agencies via CRs. Is it so bad that the IRS does fewer audits or Federal courts indict fewer ham sandwiches? Education, EPA, energy do what exactly? Time for many of these federal parasites to quit or be laid off.
And if the enemedia keeps fear mongering that there will be a stock market crash, well more reason for emergency powers. But if the crash doesn’t come, the public will know how unimportant and actually harmful goverment is to the economy.
Disaster relief money doesn't get to storm-ravaged areas
Did it ever?
I do.
That would be awesome.
Then those welfare deadbeats can go find one of those jobs that this growing economy has provided.
Sounds heartless, but it wouldn’t be so bad if that scenario should become reality. Because that and much worse will happen when the US Dollar collapses.
The Congress and big media and talk radio have been quite content lately with the US debt going parabolic. Nobody raises an eyebrow at trillion dollar deficits anymore.
Maybe, just maybe, this ‘trial run’ will cause the electorate to demand some fiscal responsibility.
On the other hand,...
“Stock market plummets.....LOL.”
Just so you know, Warren Buffet has tens of millions in the wings just waiting to pick up companies for pennies on the dollar.
You can be sure he is not the only one.
My point? Call me a cynic, but I wouldn’t be surprised if ‘Grandpa’ Warren and his pals will be gumming up the works in Washington for this purpose alone.
Well said.
He won’t be able to do.
The demonkkkRATs will stop him with every corrupt, crooked libtard judge they can find, at every level, the next 2yrs are lost and in 2020, they will take the Senate and Executive Branches.
THIS IS FOR ALL THE MARBLES.
“There is currently a 2000 controller shortage even before the shutdown began and the existing controllers were putting in overtime.”
Not that it matters for this particular subject, but wouldn’t you say that the major reason for the shortfall is someone high up one day decided that the control tower was “too white”?
Is it not also true that in order to get the ‘right’ people in there the standards had to be lowered; training tests were compromised?
But that does not change the facts that your outlined earlier, I know.
You are so right.
“If the EBT recipients knew that illegals were responsible for their loss of benefits, thered be riots...could be fun to let them know.”
You REALLY hit on something there. Maybe we should spend our time figuring out how to make that happen.
Of course the msm won’t say that, but if enough of our own people do often enough...
Here’s to hoping anyone and everyone who has the power to make it happen reads your post.
Actual TSP (trisodium phosphate) is still available. It’s not the machines, it’s the detergent.
Of course, the way this shit show runs, the pols would be asking for huge tax increases. I mean, god forbid they should actually put together a budget and figure a way to pay for these things from available funds.
I didn’t get one that cleans, I got one that dried. I normally rinse my dishes really well before sticking them in the dishwasher so I figured I didn’t want to focus on the cleaning. But I hate with a passion having to dry every single dish on the top rack. My last dishwasher was like that. So I got one that dries them well.
Sorry to get your hopes up!
“Break the Democrats AND let loose The Hounds of Hell!”
Changed that a bit, but I agree 100%. I’m willing to go to the mat on this. 100%! MAGA! :)
Trump gave up on the Wall back in 17’-18’ just like he did on ‘Lock her Up’
Until he discovered last month that his base collapses if he folds on the Wall.
And democrats win if the economy crashes thanks to a government shutdown and they certainly can’t face their donors if they cave to Trump on the Wall.
_______________________________________________
So the President gave up on the wall before he didn’t?
Have any of the dozen or so previous shut downs caused the economy to “crash”?
Defeatism isn’t a winning strategy, why don’t you jump on the team and come on in for the big win?
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