The Republican adolescent temper tantrum has resulted in the first government shutdown in 18 years. It represents another nail in the coffin that is the conservative movement. They have been reduced to having one central ideology: be against anything and everything that the Democrats support. With this shutdown, that basically means the federal government...the same entity that employs them.
If the shutdown lasts more than a few weeks, it will likely erode our already fragile economic growth. Early estimates put .3 to .4 less GDP because of the shutdown. It makes sense given that 800,000 employees are being furloughed as of this morning. That's a hit to aggregate demand that will surely be felt in an extended shutdown.
I have to admit that part of me feels sorry for the Republicans. In reality, they had no choice.If they caved (which they will anyway), they would have seemed weak and the moonbats from their home districts and states would have primaried them. We don't have problems like that in the Democratic party. In fact, we like it when moderate Democrats win in red states:)
1 comment:
Takes two - who was it that refused to negotiate? Uhmmm, oh yeah Obummer himself.
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