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 ...
No, Social Security is NOT an “entitlement” Troll.
Meh...... plenty of food, plenty of ammo. Bring on the riots.
Thanks rollo...
…
https://www.gofundme.com/TheTrumpWall
$20,089,365 of $1.0B goal
Raised by 335,568 people in 25 days
That was the Tea Party. The GOPe and the IRS snuffed it out ASAP.
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.
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!
Dammit, the shutdown has caused winter storm Gia? Who knew?
Wait a minute! Wasn’t the government open in December?
That’s precisely why the RATs are panicking — people might finally see how worthless the current pack of politicians are.
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