Friday, October 4, 2013
Effects of the government shutdown
The economic consequences of the government shutdown by: Matthew O'Brien oct. 2 2013 the Atlantic
The consequences of this government shutdown may not be large but they are definitely larger than we think, right now the direct consequences are mainly felt by the government workers who have been put into a state of furlough which cuts down on the GDP by .15 percent to .2 percent. The government may not pay the government workers on furlough back pay which may result in a more drastic affect on their individual households. I think that this whole government shutdown is bad for the economy and it is unfair to the unessential government workers because our government should have passed a budget and now the workers are suffering due to the governments mistakes.
Matthew Rushing
http://www.theatlantic.com/business/archive/2013/10/the-economic-consequences-of-the-government-shutdown/280206/?scrlybrkr=bad4cd1a
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The government needs to figure out a budget plan. And even though they haven't, they could do something else other than shut down the government. Maybe one or two days of the shut down isn't too bad, but it has almost been a week now, and it adds up for families who are furloughed.
ReplyDeleteI agree. I think the shutdown is very bad for our economy.
ReplyDeleteGovernment workers have no control of the government and their decisions of whether or not to continue to run or shutdown.
The government shutdown is getting out of hand. They need to start comprimising so they can put people back to work. It is a shame that the workers are just out of a job because of this shutdown.
ReplyDeleteI hope they get it all sorted out soon. It is unfair to people who do not get paid just because people don't know how to compromise.
ReplyDeleteIt is not fair to the Government workers because now they are out of work for we do not know how long but this is not good for anyone.
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