The effects of laying off 800,000 government workers, in addition to the private contractors who depend upon US govt money is going to start stinging to the tune of -0.1% per week — DOUBLE the previous estimate of -0.1% every two weeks.
With no end in sight and democrats deeply passionate about preventing a great big beautiful border wall on out souther border, it looks like a self-inflicted wound is more than likely now.
BREAKING: The Trump administration doubles estimate of shutdown cost to economy from original forecast, source says. Here are some key economic data reports that will not be published. https://t.co/mvoFUdeygy pic.twitter.com/l9qM8mJOD3
— CNBC (@CNBC) January 15, 2019
If you enjoy the content at iBankCoin, please follow us on Twitter