Shutdown Pinches Economic Growth

[DonViejo]

January 14, 2019 at 6:33 am EST By Taegan Goddard

Wall Street Journal: “The partial federal government shutdown that became the longest on record Sunday is curtailing infrastructure projects, food-processing inspections and economic data used by Wall Street. But on a more micro level, it is showing signs of disrupting commerce as hundreds of thousands of federal workers missed out on their first payday of the closure late last week.”

“While the economic gashes aren’t enough to derail the recovery, now in its 10th year, they appear to be at least temporarily diminishing the vigor of an expansion that was already projected to slow in 2019. Output is now expected to grow at a 2.2% pace in the first quarter, less than an estimated 3.1% growth recorded in 2018.”

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https://politicalwire.com/2019/01/14/shutdown-pinches-economic-growth/

[democratisphere]

1. So NOW who is going to going to subsidize and pay for the giant tax cut to the wealthiest?!

Mexico?!