From a wings chain to an aerospace company, businesses feeling the shutdown pinch

[DonViejo]

CBS NEWS January 23, 2019, 7:09 AM

As Democrats and Republicans work on legislation to end the partial government shutdown, a new CBS News poll says six in 10 Americans think the shutdown is causing serious problems for the country. About one in five Americans report being personally impacted by the cutback in services or programs caused by the shutdown.

GOP and Democratic lawmakers will present separate bills for a vote on Thursday, but neither is expected to pass. No matter when the shutdown ends, as it drags on into the 33rd day, the economy of the entire country is starting to feel the pinch. The legislative tug-of-war continues, largely for show, reports CBS News correspondent Major Garrett.

"We are predominantly not a government-run economy. We're a free market economy," said Larry Kudlow, the president's top economist. His point is true, but Kudlow could not deny mounting financial worries – even inside the White House.

"I have young people on my staff who are concerned, so I get that. I don't want to dance away from that," Kudlow said.

The White House estimates the shutdown reduces economic growth by 0.13 percentage points each week.

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https://www.cbsnews.com/news/government-shutdown-wings-chain-aerospace-company-economy-starting-to-feel-the-pinch/