Government Shutdown Is Now Costing the U.S. Economy $15 Billion a Day

[Natural Citizen]

They sure do love their big government. Bunch of double-talking jive turkey frauds if you ask me. Heh heh.

The least government the better is my view on it.

Of course, the Framers are on my side of that argument.

Darned shame the bulk of the modern electorate have such a love affair with the monstrocity.

 

[the watcher]

I would just like to know where all this lost output is coming from and how can we address it. Are we not to question anyone now? If you don't know the answer that's ok, you don't have to be defensive. I understand.

 

[Natural Citizen]

LOL, so now you want to question the treasury sect'y. LOL, who would be a better source of information re: the treasury than the head of the dept.

Idiot...

 

[Concerned American]

View attachment 1176567

Idiot...

Nice try moron. After four years of you idiots quoting "people familiar with" and "the CBO" I guess you're not used to listening to actual sources like, 'Treasury Secretary Scott Bessent said,' That would be too much like an actual source. Thanks for signing your post.

 

[the watcher]

I do know that we are 38 trillion in debt, looking at 1 trillion just in interest payments alone, and untold trillions to come from mandated spending and more unfunded mandates daily from Congress. Somebody had better talk to somebody.

 

[Deplorable Yankee]

MSN

U.S. Treasury Secretary Scott Bessent has put a price on the government shutdown in Washington, D.C., and it’s a big one.

Speaking at a conference, Bessent said that the U.S. government shutdown is “starting to cost the economy about $15 billion a day in lost output.” He added that the shutdown is now a primary factor hampering economic growth in America.

The Treasury Secretary said that the ongoing federal government shutdown is becoming a significant obstacle for the entire economy, but blamed the rival Democratic Party for the current impasse in Congress. Still, Bessent said that “America is open for business” despite the current political challenges.

Perhaps this is the dem's end-game....Damage the nation's GDP so that when they come out of the shutdown they then try to make hay out of a decline in GDP that they themselves instigated.

I mean isn't that what dems habitually do, cause problems then blame someone else for them.

I think I might be on to something.

Meh I'm ok

When the opportunities arise Make sure to blame democrats everywhere and anywhere

 

[Concerned American]

Meh I'm ok

When the opportunities arise Make sure to blame democrats everywhere and anywhere

If the shoe fits---

 

[Captain Caveman]

MSN

U.S. Treasury Secretary Scott Bessent has put a price on the government shutdown in Washington, D.C., and it’s a big one.

Speaking at a conference, Bessent said that the U.S. government shutdown is “starting to cost the economy about $15 billion a day in lost output.” He added that the shutdown is now a primary factor hampering economic growth in America.

The Treasury Secretary said that the ongoing federal government shutdown is becoming a significant obstacle for the entire economy, but blamed the rival Democratic Party for the current impasse in Congress. Still, Bessent said that “America is open for business” despite the current political challenges.

Perhaps this is the dem's end-game....Damage the nation's GDP so that when they come out of the shutdown they then try to make hay out of a decline in GDP that they themselves instigated.

I mean isn't that what dems habitually do, cause problems then blame someone else for them.

I think I might be on to something.

The US is in declinism.

 

[initforme]

The US is in declinism.

Since 1980 in fact.

 

[Concerned American]

Since 1980 in fact.

1963

 

[Zincwarrior]

MSN

U.S. Treasury Secretary Scott Bessent has put a price on the government shutdown in Washington, D.C., and it’s a big one.

Speaking at a conference, Bessent said that the U.S. government shutdown is “starting to cost the economy about $15 billion a day in lost output.” He added that the shutdown is now a primary factor hampering economic growth in America.

The Treasury Secretary said that the ongoing federal government shutdown is becoming a significant obstacle for the entire economy, but blamed the rival Democratic Party for the current impasse in Congress. Still, Bessent said that “America is open for business” despite the current political challenges.

Perhaps this is the dem's end-game....Damage the nation's GDP so that when they come out of the shutdown they then try to make hay out of a decline in GDP that they themselves instigated.

I mean isn't that what dems habitually do, cause problems then blame someone else for them.

I think I might be on to something.

So three weeks until we get close to the money we gave Argentina.

 

[Concerned American]

So three weeks until we get close to the money we gave Argentina.

That's OK, they'll recoup it in the money saved from expiring ACA subsidies.

 

[Zincwarrior]

That's OK, they'll recoup it in the money saved from expiring ACA subsidies.

How is a shutdown costing money?

 

[Concerned American]

How is a shutdown costing money?

Are those furloughed people who are not working getting back pay. Gee, you're not real sharp eh? Maybe you're the reason people think Texans are stupid.

 

[the watcher]

Are those furloughed people who are not working getting back pay. Gee, you're not real sharp eh? Maybe you're the reason people think Texans are stupid.

You equate the ability of the government to collect taxes and redistribute them as economic growth? Do you realize that the government doesn't create anything, it only monitors and influences output, don't you? Little history of deficit spending and how a war-based economy affects your life. It may help, may not. How Long Has the U.S. Run Fiscal Deficits?

 

[Delldude]

If they keep it shut down and SNAP/EBT cards don't get recharged the vile dems may as well dissolve their party.

I heard that some blue states plan on using their rainy day fund to make up the shortfall if it happens.

Hey, I hope the dems fight it out on that line if it takes them all of Fall and Winter. Bleed the blue states dry.

Hurting the citizens is the only leverage they have.

 

[Concerned American]

You equate the ability of the government to collect taxes and redistribute them as economic growth? Do you realize that the government doesn't create anything, it only monitors and influences output, don't you? Little history of deficit spending and how a war-based economy affects your life. It may help, may not. How Long Has the U.S. Run Fiscal Deficits?

Huh?

 

[the watcher]

DO YOU KNOW GOVERNMENT DOESN'T PRODUCE ANYTHING? I may need a bigger sheet of paper for this

 

[buckeye]

All up to the republicans just like 2021 was up to the democrats. FYI, incase you dont remember the Democrats steered us away from a shut down.

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The democrats have said no to 12 clean CR's. Did the republicans do that to Biden?

 

[otto105]

MSN

U.S. Treasury Secretary Scott Bessent has put a price on the government shutdown in Washington, D.C., and it’s a big one.

Speaking at a conference, Bessent said that the U.S. government shutdown is “starting to cost the economy about $15 billion a day in lost output.” He added that the shutdown is now a primary factor hampering economic growth in America.

The Treasury Secretary said that the ongoing federal government shutdown is becoming a significant obstacle for the entire economy, but blamed the rival Democratic Party for the current impasse in Congress. Still, Bessent said that “America is open for business” despite the current political challenges.

Perhaps this is the dem's end-game....Damage the nation's GDP so that when they come out of the shutdown they then try to make hay out of a decline in GDP that they themselves instigated.

I mean isn't that what dems habitually do, cause problems then blame someone else for them.

I think I might be on to something.

Someone should spell tariffs to that idiot.