By using this site, you agree to our Privacy Policy and our Terms of Use. Close
Kasz216 said:
NobleTeam360 said:

Obama-care isn't the actual name of the health plan. I just hope they resolve this quickly, if they shutdown for a few days then no big deal but if it goes on for lets say 3 weeks then it will start to hurt our economy etc....


It may as well be.  That's the term Obama uses half the time as well.

 

As for hurting our Economy.  People forget this happened under Clinton... mostly because it didn't really have much of an effect.

It lasted for 3 freakin months.

 

The economic Stimulus is being run through the Federal Reserve, which while being a federal institution, it actually makes a profit and pays for itself. (and gives a bunch of excess money to the government).


So that's not at risk.

Have to remember that the last shutdown occurred against the 90s boom, however, while now we're in a very G-dependent protracted recovery. I do doubt it'll do too much damage overall, but certainly worse than last time (though at the same time, the number of essential positions has increased due to the advent of DHS and how military pay is now a third rail)



Monster Hunter: pissing me off since 2010.