Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

The 'doomsday' scenario: Here's what happens if the shutdown drags on
NBC ^ | 10 JUL 19 | By Dareh Gregorian

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 ...


TOPICS: Crime/Corruption; Front Page News; Government; News/Current Events
KEYWORDS: nbc; ohhhnoooz; prepper; shutdown; skyisfalling
Navigation: use the links below to view more comments.
first previous 1-20 ... 101-120121-140141-160161-172 last
To: Salman

No, Social Security is NOT an “entitlement” Troll.


161 posted on 01/10/2019 5:23:53 PM PST by Shadowstrike (Be polite, Be professional, but have a plan to kill everyone you meet.)
[ Post Reply | Private Reply | To 53 | View Replies]

To: DCBryan1

Meh...... plenty of food, plenty of ammo. Bring on the riots.


162 posted on 01/10/2019 5:30:30 PM PST by Envisioning (Carry safe, always carry, everyday, everywhere.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: rollo tomasi

Thanks rollo...


163 posted on 01/10/2019 8:47:42 PM PST by GOPJ (Replace furloughed government workers with illegals for ten bucks an hour. Show dems how it feels.)
[ Post Reply | Private Reply | To 157 | View Replies]

To: nikos1121

https://www.gofundme.com/TheTrumpWall

$20,089,365 of $1.0B goal

Raised by 335,568 people in 25 days


164 posted on 01/10/2019 8:49:51 PM PST by LucyT
[ Post Reply | Private Reply | To 107 | View Replies]

To: MichaelCorleone
Maybe, just maybe, this ‘trial run’ will cause the electorate to demand some fiscal responsibility.

That was the Tea Party. The GOPe and the IRS snuffed it out ASAP.

165 posted on 01/10/2019 10:04:11 PM PST by ELS
[ Post Reply | Private Reply | To 147 | View Replies]

To: Snickering Hound

Folks, get a grip. Foreclosure doesn’t even start until you have missed more than three payments. Same with car loans, etc. All of the Federal Credit Unions offer low interest loans to carry fed employees over until the gov re-opens. The doom and gloom scare tactics are so LOL ridiculous.


166 posted on 01/11/2019 3:13:33 AM PST by usnavy_cop_retired (Retiree in the P.I. living as a legal immigrant)
[ Post Reply | Private Reply | To 81 | View Replies]

To: DCBryan1

All the Dems have to do to end this “pain” to their constituents is to agree to a relatively tiny appropriation for funds to build a wall that most Americans want anyway. If they can’t do that, then put the blame where it belongs. As for the people wringing their hands of the “shutdown”...quit being such a milksop!


167 posted on 01/11/2019 9:03:26 AM PST by Bishop_Malachi (Liberal Socialism - A philosophy which advocates spreading a low standard of living equally.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: BRL
Disaster relief money doesn’t get to storm-ravaged areas

Dammit, the shutdown has caused winter storm Gia? Who knew?

168 posted on 01/11/2019 9:31:51 AM PST by immadashell (Save Innocent Lives - ban gun free zones)
[ Post Reply | Private Reply | To 25 | View Replies]

To: DCBryan1
Stock market plummets

Wait a minute! Wasn’t the government open in December?

169 posted on 01/11/2019 9:34:05 AM PST by immadashell (Save Innocent Lives - ban gun free zones)
[ Post Reply | Private Reply | To 1 | View Replies]

To: cuban leaf
there were a few I’d like to see permanently go away

That’s precisely why the RATs are panicking — people might finally see how worthless the current pack of politicians are.

170 posted on 01/11/2019 9:46:30 AM PST by immadashell (Save Innocent Lives - ban gun free zones)
[ Post Reply | Private Reply | To 58 | View Replies]

To: Tilted Irish Kilt
How To Make Your Own Penicillin… Just In Case
171 posted on 01/11/2019 11:06:40 AM PST by blam
[ Post Reply | Private Reply | To 127 | View Replies]

To: DCBryan1

172 posted on 01/12/2019 8:17:55 PM PST by seawolf101 (Member LES DEPLORABLES)
[ Post Reply | Private Reply | To 1 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-20 ... 101-120121-140141-160161-172 last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson