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Washington area could lose
$200 million a day if shutdown
occurs, economist says

Washington Post, by Brigid Schulte & Justin Jouvenal

Original Article

Posted By:JoniTx, 9/30/2013 12:48:59 PM

The Washington region, home to the largest concentration of federal workers and contractors in the nation, could lose an estimated $200?million a day and could see more than 700,000 jobs take a financial hit if the federal government shuts down Monday night, according to a local economist’s projections. And that’s not counting the blow to tourism, one of the region’s economic mainstays, if the Smithsonian museums, the National Zoo, Civil War battlefields and other federally funded attractions are shuttered, said Stephen Fuller, director of George Mason University’s Center for Regional Analysis. “This is serious,” Fuller said. “The national economy may

      


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Reply 1 - Posted by: Northcross, 9/30/2013 12:54:04 PM     (No. 9543365)

In the corporate world, this is known as "right sizing". I say go for it!

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Reply 2 - Posted by: Lawsy0, 9/30/2013 12:56:39 PM     (No. 9543372)

Elites bellyaching about their loss?? Ho-Hum. Some Americans have lost a lot more. Hope the shutdown goes on for days. They just hate it when they are proved to be non-essential employees!

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Reply 3 - Posted by: JediJerry, 9/30/2013 12:57:52 PM     (No. 9543376)

Oh that´s nice. Let´s take this fear of what could happen to the next level. How much a day will it cost when the Federal government bankrupts under the growing national debt? Right now the US Debt clock is just a few clicks away from $17,000,000,000,000.00 in debt. Get out your calculators and see how much per year interest only is on that amount. That debt is forecast to be in the $28T ballpark by 2016, when our next Presidential election comes along. Will this problem be an issue? Ask this noted local economist what going to happen when this crap hits the fan eventually. This day will arrive. Then what is anyone going to be able to do about it? Raise taxes again? Can´t cut the budget. Pelosi said that there is nothing left to cut. Houston, we have a problem.

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Reply 4 - Posted by: pearlyjo, 9/30/2013 1:01:45 PM     (No. 9543385)

Hey Washington elites, the sound you hear is a collective shrug of the shoulders from the rest of us. We - don´t - care.

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Reply 5 - Posted by: SpeedMaster, 9/30/2013 1:01:54 PM     (No. 9543386)

Up to now DC is the only part of the country thriving under this administration. I am supposed to care that a bunch of federal workers who are predisposed to vote dem will suffer for a short while like the rest of the country has for the last five years?

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Reply 6 - Posted by: texaspast, 9/30/2013 1:13:54 PM     (No. 9543405)

Hold on there, Washington. I´m tuning up the world´s smallest violin . . .

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Reply 7 - Posted by: Taylor1066, 9/30/2013 1:15:32 PM     (No. 9543408)

Cry me a river, Washingtonians.

I would pay real money to send a delegation of Washington bureaucrats to Peoria, Illinois. They could hold a townhall on why Peoria citizens should sacrifice a little more so that these worthless elites can make it their guaranteed retirement... starting at age 55.



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Reply 8 - Posted by: Whamdbambam, 9/30/2013 1:18:36 PM     (No. 9543411)

Keep it up and we might make a real dent in the deficit.

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Reply 9 - Posted by: Dante, 9/30/2013 1:24:58 PM     (No. 9543415)

FTA: "60?percent of the area’s 377,000 federal workers would be deemed “nonessential” and would stay home."

60% of the workforce is nonessential and we are %17 Trillion in debt. Even dims must recognize something is wrong with that math.

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Reply 10 - Posted by: CleanhouseinDC, 9/30/2013 1:27:21 PM     (No. 9543421)

Cool!

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Reply 11 - Posted by: troutgreen, 9/30/2013 1:30:09 PM     (No. 9543425)

Alternate headline...Rest of Americans Save 200000000 By Shutting Washington Down

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Reply 12 - Posted by: WilliamTell, 9/30/2013 1:30:49 PM     (No. 9543427)

So those who would regulate us out of existence get to stay home.... Mikey likes it! Maybe Lois Lerner won´t get her retirement check -- double bonus

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Reply 13 - Posted by: nosillod, 9/30/2013 1:35:59 PM     (No. 9543436)

Unfortunately, after this is resolved, Congress will just pay these folks retroactively for staying home. Essentially giving them extra vacation days.

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Reply 14 - Posted by: Emmajustin, 9/30/2013 2:00:09 PM     (No. 9543474)

Hey feds, to paraphrase your boy, "you need some skin in the game, so take your pain like the rest of us!"
We feel NO sympathy for fat cat fed workers.

SHUT IT DOWN!

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Reply 15 - Posted by: crimea river, 9/30/2013 2:01:29 PM     (No. 9543477)

Just think. If the government shut down 3 weeks out of every month we could balance the federal budget.


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Reply 16 - Posted by: P51DMustang, 9/30/2013 2:15:26 PM     (No. 9543490)

Finally, we have an opportunity to drain the cesspool in DC for a while.

The potus may even have time to draft a budget that everyone can get on board with.

Oh, he has no work ethic; he will play golf until the money gets turned back on.

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Reply 17 - Posted by: odinsacolyte, 9/30/2013 2:17:29 PM     (No. 9543494)

Good. D.C. already steals enough.

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Reply 18 - Posted by: jinx, 9/30/2013 2:19:54 PM     (No. 9543496)

Thanks, Barry and Harry. Now maybe those people in Washington will actually "feel our pain."

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Reply 19 - Posted by: Doctor P, 9/30/2013 2:21:21 PM     (No. 9543498)

win win for the taxpayers

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Reply 20 - Posted by: stablemoney, 9/30/2013 2:59:21 PM     (No. 9543528)

This is the rich part of the country, so liberals should be delighted that the rich will bear the burden.

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Reply 21 - Posted by: snowoutlaw, 9/30/2013 3:01:32 PM     (No. 9543534)

That´s the very same $200 million the rest of the country loses everyday.

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Reply 22 - Posted by: Fiesta del sol, 9/30/2013 3:17:01 PM     (No. 9543555)

Today started out really terribly, but this headline put a smile on my face! Thanks, OP. Eat it, DC.

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Reply 23 - Posted by: O.S. Banker, 9/30/2013 3:25:12 PM     (No. 9543567)

So DC will experience what Vegas suffered through when the POTUS railed against corporate travel back in 2009?

Good. It is about time that the 535 baboons, err, I mean buffoons, on the Hill enjoy a slice of accountability.

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Reply 24 - Posted by: leonardo, 9/30/2013 3:37:49 PM     (No. 9543580)

Federal workers salaries, their benefits, their pensions and their unions, are essentially parasites on America. They represent the Machine whereby Washington leaders exert their pernicious influence which is often at odds with the nation´s welfare and Americans´ wishes ("We´re from the government and we´re here to help you"). Many parts of the nation are suffering from Obama´s wonderful economy. The artificially inflated "prosperity" bubble in Washington is oh-so-deserving of being popped.

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Reply 25 - Posted by: Axeman, 9/30/2013 3:54:23 PM     (No. 9543598)

Do it now!
It would be mildly beneficial for DC to shut down. It will be disastrous for Zipp-0-kare to be fully implemented. Shut it down, keep it shut.

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Reply 26 - Posted by: OhMy, 9/30/2013 3:58:42 PM     (No. 9543606)

Good ! Let the shutdown stay in effect till Obama leaves office and then don´t restore any swivel chair servants back pay. This is a start on the crippling defect!

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Reply 27 - Posted by: Daisymay, 9/30/2013 4:44:53 PM     (No. 9543657)

Ask me if I CARE! Nope, I don´! I don´t care if they shut down Washington. I don´t care if 800,000 NON-ESSENTIAL workers are out of work. I don´t care if they shut down the parks, monuments or whatever. Kids are back in school anyway. Vacations are over. Who gives a whip. I DO care that we get some concessions on Obamacare, ESPECIALLY taking away the 75% funding the taxpayers are going to give to Congress and staff to PAY for their healthcare! I think Republicans are going to ROCK for doing this! Democrats are going to get hurt this time!

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Reply 28 - Posted by: cactus, 9/30/2013 7:26:25 PM     (No. 9543822)

Does anyone think they´ll shut down the military golf courses around Washington? Sure would like to se that happen!

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Reply 29 - Posted by: Vaquero45, 9/30/2013 10:02:26 PM     (No. 9543996)

Out-friggin-standing! Go for it!

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Reply 30 - Posted by: provide, 10/1/2013 7:00:18 AM     (No. 9544292)

"High End Car Dealerships and Strip Clubs Hit Hardest"

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