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Government Shutdown No Big Deal

September 30, 2013 in Economics

Parts of the federal government officially shut down on Tuesday after Democrats and Republicans failed to reach a compromise on a spending bill. But really, calling a temporary inability to fund certain government functions a “shutdown” is a serious exaggeration. Argues Cato scholar Tad DeHaven, “Mandatory spending on entitlement programs is relatively unaffected. Moreover, exceptions are made for activities and personnel that are considered “essential” to protecting life and property. …In short, a government shutdown isn’t really a shutdown and it isn’t the big deal that politicians, pundits, and the media tend to make of it.”

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Source: CATO HEADLINES

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