Avatar of admin

by

Government Shutdown No Big Deal

September 30, 2013 in Economics

The possibility for a government shutdown should policymakers fail to reach an agreement on spending is the topic du jour in Washington. 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.”

…read more

Source: CATO HEADLINES

Leave a reply

You must be logged in to post a comment.