The unknown cost of a shutdown

[Carmen813]

http://finance.yahoo.com/news/The-price-of-a-government-cnnm-3294374261.html?x=0

I think it's a fairly interesting take. Seems to be the conventional belief would be that the shutdown saves money. This article makes a compelling argument that it doesn't, or at least not nearly as much as one would expect. I also like the fact that it takes into account the impact these types of furloughs have on federal employees, which likely would cause a loss of production once they return to work.

 

[boomerang]

I have to laugh at the left who get their panties bunched up and use the argument that a shutdown will cost money. Lost on them evidently is that the whole shutdown revolves around the inability of Congress to restrain spending. They weren't in the slightest bit worried before, but now all of a sudden they're fiscal conservatives.

Fighting over, last I heard, $30 billion. Three days of spending at current levels. Three days.

 

[EagleKeeper]

The cost of a shutdown to those that rely on government spending is one thing.
that is what people are concerned about, who the little guy will blame.

Shutting down the government will not save any $$. Those will be spent with vigor once the empasse is resolved.

 

[Vette73]

Me and most others have lost a good weeks worth of work getting ready for the shut down.
Let alone people that were supposed to start on Monday had to be called to tell them not to if shut down. Then we can't have them come back the first day s we have to get back up to speed.

Then on top of that there are a lot of old laws that never had blackberrys and other tech in mind when they were written that is causing issues.

So no this will not save money.

 

[PeshakJang]

If spending TRILLIONS of dollars that we don't have and can't afford to borrow can be called an 'investment' in America's future... then losing a few billion due to a shutdown, if it means getting Democrats serious about the budget, is an investment in our future as well.

You can invest all you want in America's future... but the results are dependent on America not going bankrupt.

 

[Tom]

It costs money to shut down any enterprise. You don't save money unless it's shut down long enough to recoup that cost, and you abandon whatever that enterprise was doing.

Neither thing will happen with a government shut down. It's just a waste of money.

 

[Jaepheth]

So what happens if things never go back to business as usual?

Do we get a Confederate States of America?

 

[Carmen813]

So what happens if things never go back to business as usual?

Do we get a Confederate States of America?

"A world recession the likes of which the world has never seen, followed by, you know...week two."

Who knows, but I think it's a fairly good point that this will cost us more than it will save us.

 

[Wreckem]

I have to laugh at the left who get their panties bunched up and use the argument that a shutdown will cost money. Lost on them evidently is that the whole shutdown revolves around the inability of Congress to restrain spending. They weren't in the slightest bit worried before, but now all of a sudden they're fiscal conservatives.

Fighting over, last I heard, $30 billion. Three days of spending at current levels. Three days.

They'd have no problem with the $30billion in cuts if it wasn't $30billion in cuts to progressive programs, all the while the GOP protects their special interests/programs. The GOP cuts having been squarely aimed at certain parts of the budget, while not touching their pork/special interests/etc.

Anyone thats not blind can see what is actually going on.