In today’s episode of “Destroying the United States Government”:
The Trump administration sets the stage for large-scale federal worker layoffs in a new memo.
Wants to cut it to government shutdown levels, only “essential workers”.
Here’s what happened to the economy last time we had a shutdown, permanent would be exponentially worse
The Congressional Budget Office estimated that the 2018-2019 shutdown cost the U.S. economy $11 billion, mainly due to federal workers reducing their spending in response to lost pay. Notably, this decrease in spending may not rebound even after workers receive their back pay.
The 2018-2019 shutdown delayed over $2 billion in loans to small businesses since the SBA was unable to make new loans.
Posted from my iPhone/Mobile device
|