Tuesday 4 December 2018

The Odds of a Government Shutdown

In this period of 2009 to 2013, being a government employee.....this 'threat' continued to come up and began to really affect morale of personnel around me.  I look at the approaching threat of a shutdown, and think this might go longer than ten days....maybe even past the thirty-day point.

So some observations:

1.  Within the DC area, there are a heck of a lot of people who work for the government and have themselves in a massive mortgage mess....with fifty percent of their check going to car payments and their mortgage.  These are people who have enough 'extra' money laying around to handle a max of thirty days, and after that.....they go into emergency mode.

2.  If this were to go 45 to 60 days?  I could see banks having to send out warning notices and getting fearful of a massive collapse.

3.  If Amazon was up and running with their new headquarters?  That's a curious thing.....I think they could go and recruit 10,000 new employees and have them hired in seven days.

4.  If the shutdown went past 60 days?  A whole new door opens up with a 'all or nothing' political fight.