The president claims that the government shutdown has done massive damage to our economy. What do you think would have a larger negative impact on our economy, the shutdown or Obamacare?
The ACA by FAR will do untold damages. The shutdown wha...?
The devastation on our national economy & personal finances by PP&ACA has yet to be calculated. Over its lifetime, if permitted to proceed unfettered, far beyond immediate cost by this shut down. Not that it matters. Rational not part of debate.
I'd like to know how it was calculated. I bet lost wages for federal workers was a big part of that and those folks will get their backpay. Wait until people see what their new deductibles will be. There is no way the poor will be able to cover.
The pay to federal workers was the bulk of it
Curious about that: yes, they're getting paid, but what about the lost productivity? No services provided, no productivity, no ancillary incon
(Oops) ...income from, e.g., museum gift shops, and still all the money paid to the workers. Sounds like a lot of lost money.
Oh sure I agree there were costs but all in all I can't believe its anywhere near what the President has said, or McCain.
I haven't heard what they have to say yet. I've looked at other sources. This article cites Standard & Poor's, IHS, the US Travel Assn, and Natl Park Service: swampland.time.com/2013/10/17/heres-what-the-government-shutdown-cost-the-economy/
That's odd, my life hasn't been impacted one bit
The shutdown cost $28 billion and counting.
The federal government average spending is 10 Billion dollars a day. If we have spent 25 Billion dollars since government shutdown then guess what? We saved a shit ton of money from the shutdown.
^ two-dimensional thinking. Direct Costs are never the big problem.
Matt's exactly right.
...of *course* he is... :-/
What's sad is the federal workers will still get paid for their extended vacation
Yes how sad that they get to feed their families and pay their mortgages. Those people to do anything, it's the decision-makers, and you penalizing them is heartless.
Until they get real jobs where their paychecks aren't simply the stolen productivity of contributing members of society I have no sympathy.
I'm not penalizing them. I don't get to make that decision. However millions more in the private sector have lost their jobs and don't get the same "back pay". Somehow the federal workers are the sacred cow. Did you know Toyota suspended their car
payments during the shutdown? That's nice of them but they didn't do that for those that had their hours cut or lost their jobs in the private sector.
Careful Matt, logic & common sense are toxic in this "debate." (Debate in quotes because only 1 viewpoint permitted.)
Yes clearly I am squelching other opinions. :–/
Obamacare is going to turn Americans into part-time workers. No longer will you have one full-time career but rather two or three part-time jobs here and there.
We'll recover from the shutdown. Can't say the same about obamacare.
President Obama: "You don’t like a particular policy, or a particular President, then argue for your position and win an election."
Smugness returned. Spike the ball.
And media will ignore &/or twist your words/intent into something you never said, all the while screaming "party of no" no matter how much you ACTUALLY do/say.
That only counts for the president not the recently ELECTED Tea Party folks.
In the week or so of shutdown time, the country spent 23 billion. But without the shutdown, we spend 10 billion a day. So in tired of people complaining about the cost of the shutdown.
It was a blessing.
Oh just wait for Obamacare we haven't seen the beginning of the harm to our economy yet
It seems much of the damage has been what the tea party and it's lapdog,the Republican Party, have done to themselves
If Obamacare can ever get going it is a pending disaster
Does this mean the Obama government will now release real economic data and try to blame republicans, instead of the fake data they have been releasing?
Has it had an impact at all?
I don't think so. Honestly over a period of time I'm pretty sure no federal government would boost the economy.