A Few Comments on the Likely Government Shutdown
Calculated Risk
SEPTEMBER 27, 2023
First, shutdowns are expensive, and many government employees continue to work (like the military), but don't get paid. Second, there will be an impact on GDP from Goldman Sachs: A government shutdown this year has looked likely for several months, and we now think the odds have risen to 90%. So, the path forward isn't clear.
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