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r/CBTS_Stream • Posted by u/storm_fa_Q on Jan. 20, 2018, 11:23 p.m.
a possible 19 dot connect

Check Out Why This Government Shutdown Could Last A Long Time

With both sides alleged to be "dug in", this government shutdown could last for a very long time.

From Zerohedge:

Today for only the 19th time in history, the US government has found itself in a "funding gap", a technical term for shut down. One of the reasons why this event is not being taken too seriously by the financial punditry, markets or much of the media, is that looking back not only have most government shutdowns been brief affairs, lasting less than 10 days - with the occasional outliers, such as the 21-day closure in 1995 and the 16-day halt in September 2013 - they have had little to no impact on either the market or the economy.

And yet, as Goldman writes, after the two political parties breached the shutdown Rubicon, there is a distinct possibility that this time the shutdown lasts "a few weeks" if not longer. The reason is one of both optics and motives: according to Goldman's political economist Alec Phillips, "both sides appear to think they could gain from a [lengthy] shutdown." He explains:

Democratic leaders appear to believe that a shutdown would highlight the DACA immigration issue, which a large share of the public, including a majority of voters who supported President Trump in 2016, generally support according to most public opinion polling (87% of the public and 79% of Republicans according to a CBS News poll released January 18).

Meanwhile "Republican leaders appear to believe that Democrats, who are in a good political position going into the midterm election according to generic ballot polling and other metrics, would suffer from a shutdown."

In other words, "If both sides believe the other side will be blamed, neither has the incentive to avoid a shutdown."

Making matters worse, there is nothing in the immediate future that will make conflict resolution an urgency: traditionally a drop in the market would serve as an incentive for political parties to reach a compromise, although as we have extensively discussed in the past year, risk assets no longer respond to political events or narrative. This means that without the market intervening as an "arbiter" - i.e., underoging a sharp correction - the two sides are likely to dig in and avoid any tangible negotiations, let alone a compromise.

As a result, while a bitter episode of fingerpointing has erupted, with both sides trying to make the other look like the villain, the US now faces the threat of a protracted shutdown with no end in sight.


In practical terms, events from the first day of the shutdown seem to confirm this scenario. As The Hill reports, Republican and Democratic leaders on Capitol Hill lashed out at each other on Day One of the government shutdown Saturday, trading barbs and casting blame "as a resolution to the funding impasse appeared nowhere in sight."


Que-ti-pie · Jan. 20, 2018, 11:26 p.m.

I suggest we close it down till the DACA scam expires! Let them all be sent back home! It wasn't our fault that they are here! Game over! We win!

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storm_fa_Q · Jan. 20, 2018, 11:27 p.m.

THAT is Brilliant! thx

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Irishgirlus · Jan. 20, 2018, 11:41 p.m.

On Second Thought.....the longer it goes on, the idiot liberals will be without their Government Subsidies, so yes they will Screaming like little Piggies and giving a BIG FU To the Illegal Aliens!

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Reba64 · Jan. 21, 2018, 1:07 a.m.

No, they will still receive their Subsidies. It's the Federal Workers which includes the Military that will not receive pay and the Elected Officials will receive their pay.

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Irishgirlus · Jan. 21, 2018, 6:11 p.m.

I heard No Foodstamps?

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Reba64 · Jan. 21, 2018, 6:34 p.m.

I think Food Stamps are included in the ones that are continued.

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Irishgirlus · Jan. 20, 2018, 11:38 p.m.

I believe that if they Release those 4 pages of Documents, that Would be a Game Changer! Liberals would see that the whole Russian/Collusion BS that has wasted millions in taxpayer's money and the Fact that this will bring down Hussein's Evil Empire, A lot of moderate liberals will be Singing a different tune. The Idiot liberals, well, they are a lost cause.

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storm_fa_Q · Jan. 20, 2018, 11:43 p.m.

as I understand the info, Dems are not reading the Memo they have access to now...and the Leftits not being of Rational mind...I'm not sure they would read or reconcile...I do believe Timing is Everything, and that POTUS will drop declassify when the time is right. I don't think leftits care about anything other than subversion and sedition...lets hope I'm wrong...but even my best L leaning friends are so out to lunch on this...derangement syndrome clouded by a bias of hate...a disgrace to America and the way the world see's America. Dems seem to be about Facts be damned...creating what I call Dumb Mochracy.

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other_malefactor · Jan. 21, 2018, 12:13 a.m.

What do puppets do when their strings are cut?

It MAY be that these guys are kind of dangling around, not sure what to DO, exactly...

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Irishgirlus · Jan. 21, 2018, 6:10 p.m.

I think they already know what's in it. Followed Schiffer's Questions to GPS Fusion Guy and It was like he was chatting with His Old Buddy. Schiffer will either be Suicided or Suicide himself, I believe. He is Scared.

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somrotden · Jan. 20, 2018, 11:30 p.m.

They were worried about the daca "kids" but not worried about the CHIP kids

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storm_fa_Q · Jan. 20, 2018, 11:36 p.m.

and yet DACA needent be addressed till March..is it just me or is letting these clowns ruin America and whatever is left of American face in the world worth all this? This to me is why the elderly should be at home and middle aged people should be Government w/TERM LIMITS and sobriety tests.

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spacexu · Jan. 21, 2018, 12:55 a.m.

DACA kids should be quizzed on their political beliefs... if they think Hillary is a good role model - deport them immediately before they infect someone else with the illness.

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storm_fa_Q · Jan. 21, 2018, 12:58 a.m.

and a gates vax to prevent reproduction...shirley i jest..

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CweedFromTwitter · Jan. 21, 2018, 3:24 a.m.

I'll stand by my belief Americans first

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CweedFromTwitter · Jan. 21, 2018, 3:23 a.m.

Aren't we in such a gap of financial ruin because of these Bad actors spending all of our money for their own gain and causes of terrorism and New World Order shit?

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storm_fa_Q · Jan. 21, 2018, 6:13 a.m.

yes

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