Shutdown
The shutdown has ended – but this economist isn’t rejoicing quite yet
The shutdown has ended – but this economist isn’t rejoicing quite yet The US government shutdown has ended after 43 days, but its economic impact will be felt for some time. The short-term effects of the shutdown include a decline in consumer spending, reduced tourism activity, and a hit to retailers, particularly in Washington D.C. […]
📰 News
The shutdown – and the House’s inaction – helps pave Congress’ path to irrelevance
The shutdown – and the House’s inaction – helps pave Congress’ path to irrelevance The US Congress has been in recess for over 40 days due to the ongoing federal government shutdown, with no votes being held and Speaker Mike Johnson refusing to swear in newly elected Democratic Rep. Adelita Grijalva. Despite having a constitutional role […]
🏛️ Politics
Why a quick compromise to the first government shutdown in nearly 7 years seems unlikely
Why a quick compromise to the first government shutdown in nearly 7 years seems unlikely The US government has entered its first shutdown in nearly seven years due to disagreements over spending measures, with both Democrats and Republicans seemingly dug in on their positions. The Democrats’ stated sticking point is the expiration of health care […]
🏛️ Politics
US economy is already on the edge – a prolonged government shutdown could send it tumbling over
US economy is already on the edge – a prolonged government shutdown could send it tumbling over A prolonged government shutdown could send the US economy into a tailspin, with direct impacts on GDP and indirect effects on consumer confidence and business sentiment. The current economic situation is precarious, with the labor market struggling, consumers […]
📰 News
Facing a shutdown, budget negotiations are much harder because Congress has given Trump power to cut spending through ‘rescission’
Facing a shutdown, budget negotiations are much harder because Congress has given Trump power to cut spending through ‘rescission’ Congress faces a deadline of October 1 to adopt a spending measure to keep the federal government open, as budget negotiations are complicated by President Trump’s power to cut spending through “rescission”. The use of continuing […]
🏛️ Politics
Even a brief government shutdown might hamper morale, raise costs and reduce long-term efficiency in the federal workforce
Even a brief government shutdown might hamper morale, raise costs and reduce long-term efficiency in the federal workforce A possible government shutdown on October 1, 2025, could have severe consequences for federal workers, including hampering morale, raising costs, and reducing long-term efficiency. A study of past government shutdowns found that furloughed employees are 31% more […]
🏛️ Politics