Shutdown of US Government Archives - Politact https://politact.com/tag/shutdown-of-us-government/ Futurist Advisory Firm - Developing multidimensional strategic insights 2 increasingly asymmetric global political, security, and economic realities Mon, 18 Jul 2016 10:45:57 +0000 en-US hourly 1 https://wordpress.org/?v=6.7.1 https://politact.com/wp-content/uploads/2021/04/politact_icon2_400x400-1-100x100.jpg Shutdown of US Government Archives - Politact https://politact.com/tag/shutdown-of-us-government/ 32 32 Government Shutdown Could Have Wide-ranging Effects https://politact.com/government-shutdown-could-have-wide-ranging-effects/ https://politact.com/government-shutdown-could-have-wide-ranging-effects/#respond Fri, 08 Apr 2011 19:36:40 +0000 http://localhost/politact1/government-shutdown-could-have-wide-ranging-effects/ It is not only the 800,000 federal workers who will suffer financially as a result of a government shutdown. Amongst those eagerly waiting to know whether Congress can agree on a budget deal are manufacturing managers whose firms supply merchandise to federal agencies, analysts at Wall Street who rely on data from government sources and […]

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]]> It is not only the 800,000 federal workers who will suffer financially as a result of a government shutdown. Amongst those eagerly waiting to know whether Congress can agree on a budget deal are manufacturing managers whose firms supply merchandise to federal agencies, analysts at Wall Street who rely on data from government sources and bank mortgage loan officers who get mortgages guaranteed from the Federal Housing Administration. After all, the federal government is a huge business and, as President Barack Obama has warned, pulling the plug temporarily could disrupt several other businesses and slow down the already weak economic recovery. Economists, however, are divided over the extent to which the shutdown could affect the economy and argue that the effects will depend very much on how long the stoppage lasts.

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