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“There Is Talk Of A Government Shut Down”

The ReadyWriter

And what that means is, if lawmakers cannot reach an agreement on a bill to fund the government by April 8, a broad array of federal programs will come to a halt; pushing the economy further into a recession.

While we as Americans are facing so many other issues such as, a high unemployment rate, home prices falling, foreclosure crises, high gas prices, economic strains at home, the conflict in Libya and the struggles to survive; a prolonged federal shutdown would drain Americans’ confidence in their government. Plus the crisis in Japan have already made Americans worried.

And confidence in government have economic implications, it affects consumer spending, which drives about two-thirds of U.S. economy’s activity. Confidence also influences whether an entrepreneur will take out a loan to expand a business, or whether an investor will provide a fledgling company with capital. Even in the stock market, where trillions of dollars are at stake, investors’ decisions are often influenced by a feeling of confidence.

During the last major government shutdown, under President Bill Clinton, confidence dipped. The freeze began in December 1995 and lasted through January. The economic consequences, at that point, were minimal.

But this time around, a government shutdown would occur during a period of historic weakness, which in my opinion, is every republicans dream.

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Published by The ReadyWriter

Writer, Published Author, CEO of ReadyWriter Production Company and YouTube podcast Radio Host.

48 thoughts on ““There Is Talk Of A Government Shut Down””

    1. Had to laugh at this whole “recession”­ thing. We’re still in Obama’s recession.
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      Um, I beg to differ, the u.s. was in a recession when Obama became president thank you.

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  2. As a reminder the debt ceiling is $14,294,00­0,000,000.­00. In other words, the total U.S. debt just passed the debt limit – break out the Champagne people! We are officially bankrupt as a nation.

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  3. But this time around, a government shutdown would occur during a period of historic weakness, which in my opinion, is every republicans dream.
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    Their goal is to crash the economy by 2012 so they can blame it on Obama.

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  4. I somehow don’t see the problem…­.

    I’m waiting for the moment when everyone realizes that government isn’t the solution, it’s the problem!

    thoughts anyone?

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  5. Wasnt Obama the guy who was going to end the wars, stop wasteful spending, and eliminate special interest??­­? Hmmmm…..­­…change­?

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  6. You mean we could lose more confidence in America??? How is that possible? I want Obama, the house, and the senate to stand up for unemployme­nt extensions­, especially for the 99ers. It’s time for the dems to get tough once and for all. If you have to compromise with the GOP, make sure you get what you want included in the compromise­. You know, like helping the unemployed until they find work.

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  7. I’m so sick of these THREATS… the GOP want a shutdown.. they want destructio­n… SO LET IT BE DONE.. and let the chips fall where they may..

    maybe AMERICANS WILL FINALLY WAKE UP TO THIS REPUBLICAN PARTY and totally vote all them out of office.

    so SHUT IT DOWN.. please

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    1. Amen @Starr., I agree….and could care less if the govt shuts down..The worker (who already get over) will have pd time off anyway.

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  9. “a government shutdown would occur during a period of historic weakness, which in my opinion, is every republicans dream.” Ms. Bell I agree.., the repubs want Obama to fail so badly, a shutdown would be their dream

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      2. “I’m gon past on this post, I hate when Trace write politics.”
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        Ya’ll like the gossip and the low down dirty shit, oh she know so she switch it up now and then. lol

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  11. If the Government gets shut down, I guess we should start withdrawin­g all the troops from Iraq and Afghanista­n since we can’t afford that total waste of money any more.

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    1. If the Government gets shut down, I guess we should start withdrawin­g all the troops from Iraq and Afghanista­n since we can’t afford that total waste of money any more.
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      oh well, bush started it, obama’s just carrying it out.

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  13. pushing the economy further into a recession.
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    yep we are still in a reecession­. Washington must be living in la la land. We are still in a recession. Do these people ever walk into a grocery store or fill up at the tank. I doubt it. Fruit is being sold by the piece rather than the pound. And in Walmart. Plums 58cents apiece!!!! Lemons 78cents a piece!!! Crazy

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  14. ALL accountabi­lity on this shutdown WILL be on the #gop and #teaparty heads. EVERYthing­. They broke it, they own it. They will pay for it. I have never seen such a bunch of Un-American assholes ALLOWED to hijack a major political party – for the benefit of THEIR pimps.

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  15. Republicans WANT a recession. That should be obvious from the condition Bush left the country in. This way they can blame Obama.

    Republican­s have been trying to shut governemt down for two years and lying to the public about it.

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    1. Why didn’t the dems propose a budget last year?
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      They did.
      The tried to pass it, but the GOP whined because of the changeover in the House, so the Democrats tabled the budget resolution and deferred to the new Speaker, who has royally screwed it.

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  17. The citizens who voted for the speaker of the house are getting everything he said they wouldn’t do. Obstruct the president so he would be a one term president & disable the average person from succeeding ahead.

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      1. Tracy I’m startin to feel special with all this attention you’ve been showin us *bats eyelashes*

        Morning. 🙂

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      7. “are you sippin dat tea butt-naked?”
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        @Slick, slide ya nasty ass back.

        Morning Tra, morning fam.

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