So the guvment shutdown has happened a lot more than most people know

Discussion in 'Too Hot for Swamp Gas' started by g8orbill, Sep 30, 2013.

  1. g8orbill
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    g8orbill Gators VIP Member

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    http://www.ijreview.com/2013/09/82602-remember-15-government-shutdowns-1995-yeah-neither-anyone-else/?utm_source=EmailElect&utm_medium=Email&utm_content=Subscriber%2347794&utm_campaign=09-30-2013%20IJ%20Review%20%28Everyone%20but%20Rare%29

    from the article:

    Contrary to media mythology, real opposition to the Democrats did help bring about welfare reform under Clinton in 1996, and the Republicans maintained control of the House for six terms in a row.

    Now, I don’t recall the economy ‘blowing up’ because of these government shutdowns. Why is this time any different? And if it is, why should the economy fall to pieces because of government inaction?
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  2. orangeblueorangeblue
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    orangeblueorangeblue Well-Known Member

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    Who doesn't know that this last happened in 95?
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  3. wgbgator
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    wgbgator Sub-optimal Poster Premium Member

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  4. wgbgator
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    wgbgator Sub-optimal Poster Premium Member

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    As for the "economy blowing up," I think most people are saying that about the debt ceiling, not a gov't shutdown, which is basically a nuisance, especially if you happen to work for the government.
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  5. tim85
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    tim85 Well-Known Member

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    Yeah, I mean, I don't think this whole "government shutdown" is really all that note-worthy. As someone who opposes the ACA, I wonder if the best thing Republicans could have done is just let it go into effect, and if it fails, then the Democrats, the President, and his administration would all have to own that. And if it turned out positively, which I really think is unlikely, then great.
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  6. GatorBen
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    GatorBen Well-Known Member

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    Agreed, I think the main issue the continuing resolution presents (at least in terms of immediate economic impact) is as an indicator that they are likely ready to do the same thing on the statutory debt limit.
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  7. PSGator66
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    PSGator66 Well-Known Member

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    Most people won't even see the difference.
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  8. umcpgator
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    umcpgator Well-Known Member

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    http://247wallst.com/economy/2013/09/30/how-a-government-shutdown-until-year-end-cripples-gdp/

    A three-week furlough translates to 0.5 percentage point of growth. If the shutdown lasted all of October — that is, 4½ weeks — the direct effect would be to reduce GDP growth for the quarter by roughly 0.7 percentage point.

    It is not unimaginable that GDP improvement could be hurt by 1% if the shutdown lasts until Thanksgiving, and much more than that if it persists until year’s end. A disaster based on that longer period could cut GDP closer to 2%. It would not cause a recession, but it would wipe out most of the gains the U.S. economy has made this year.
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  9. oldgator
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    oldgator Premium Member

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    politicians like to have the rhetoric magnified to claims of massive crises, etc resulting from a shutdown.

    it's all political tactics used by all parties to try to con the public that the pols will actually allow those crises to occur if their party doesn't get what it wants

    pretty much politicians(Dem, GOP, etc, etc) playing chicken to see which party gives in first.
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  10. mocgator
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    mocgator Well-Known Member

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    It happens every single weekend.
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  11. gatordowneast
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    gatordowneast Well-Known Member

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    If the government does shut down, who will notice? Perhaps that is what the democrats are afraid of.

    I say pay the military and air traffic controllers and furlough the rest.
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  12. 108
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    Pay no one, including Congress
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  13. gatordowneast
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    gatordowneast Well-Known Member

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    We have service men and women fighting for all of us. Pay them...furlough the rest.
  14. vaxcardinal
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    vaxcardinal Well-Known Member

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    I was furloughed for a week back then which was fine with me since I had a new daughter so got to spend time at home...and then we got back pay so it was like a free vacation. This time around i'm guessing they will probably not pay us. But i'm still hoping for a shutdown. Guess i'll find out tomorrow morning whether I have to go into work...its kind of like a snow day
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  15. Gatorrick22
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    Gatorrick22 Well-Known Member

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    Exactly!
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  16. The_Graygator
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    The_Graygator Well-Known Member

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    Happened what? Seven times under Democrat Tip O'Neal when Reagan was prez?
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  17. g8orbill
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    g8orbill Gators VIP Member

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    but that is different gray-it is okay if dems do it
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  18. g8trjax
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    During the severe beat down week of the Fiesta Bowl, got a free entrance to Grand Canyon NP. Sometimes govt shutdowns are good.
  19. brainstorm
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    brainstorm VIP Member

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    The govt should be shut down periodically for routine maintenance and cleaning.
  20. oragator1
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    In '95 they had funded several of the departments already so it was really a partial shut down. This will be much more extensive.

    And the last shutdown helped get Bill Clinton reelected, pubs also lost seats. Cost Gingrich his job basically and has kept them from trying it again for almost 20 years. Guess enough time has passed that it is time to repeat a mistake. 2 polls out today say pubs will take the majority of the blame, and they won't even get anything out of it, or if they do it will be a remarkably minor victory against the impacts and image hit of the shutdown.
    It's like Boehner is playing checkers not chess, and playing it one handed because the other side isn't even in the room. Not sure what they expect to happen.

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