The worst part is that money was wasted pretty much for no reason.
MacroEconomic Advisors estimates
the shutdown cost the economy $12 billion. S&P used a broader
forecasting model and estimates the 16-day shutdown cost the economy $24
billion, or about $1 million per minute. Since 2009, MacroEconomic
Advisors estimates "fiscal uncertainty" -- debt-ceiling fights,
shutdowns, threats of default, etc. -- have cost the economy $150
billion in lost output and 900,000 jobs. Gallup's Economic Confidence
index suffered the largest drop since 2008 last week.
I think we should garnish the wages of Congress and all of their staffers until that money is paid back with interest. It would take like a 100 years but no matter. I still bristle that Congress was paid this entire time and 700,000 federal workers were not.
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