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Hugin

(33,148 posts)
Thu Oct 3, 2013, 05:18 AM Oct 2013

Federal Government Shutdown: Day 2

Money for nothing: Government shutdown costs $12.5 million per hour.

Here's the price tag for the first government shutdown in 17 years: about $1.6 billion a week, $300 million a day, or $12.5 million an hour. 

That estimate, from economic consulting firm IHS Global Insight, covers just the cost in work and services the government is unable to perform as it furloughs 800,000 federal workers. According to IHS, pay for federal employees is considered part of the Gross Domestic Product, which is the total value of all goods and services produced in the nation each year. So no pay for the workers means no contribution to U.S. economic output.


From: http://www.nbcnews.com/business/money-nothing-government-shutdown-costs-12-5-million-hour-8C11308802


This is the cost of Republican Ignorance... and BTW, it's probably a low ball estimate.
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Federal Government Shutdown: Day 2 (Original Post) Hugin Oct 2013 OP
Laying off tax payers. westerebus Oct 2013 #1

westerebus

(2,976 posts)
1. Laying off tax payers.
Thu Oct 3, 2013, 08:10 PM
Oct 2013

Brilliant!

That ought to teach them!

i really don't need the sarky thing do i...

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