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The federal government spends $17.1 billion dollars per day.  So if Congress can keep forestalling an agreed-upon spending plan for 1,882 more days, the national debt should be completely wiped out.  Clean slate; problem solved. Man, I should run for office; this governing of a country thing is easy!

My prospective campaign manager would be quick to point out that executive-izing a nation is not that simple.  Government spending accounts for 1/4 of the entire GDP of the United States.  Consequently, if the Fed stops redistributing our taxes, the velocity of money in our country would decelerate like a car missing the front wheel–which is abrupt. On top of that, the government facilitates just about every process that we workers and consumers do on a daily basis, so if they’re entirely out of commission, you’d better have a full tank of gas and a fridge full of food.

The most recent two shutdowns lasted 16 and 21 days, respectively.  However, unless you tried to go to a national park during that time (I was) or were excitedly anticipating the publishing of a piece of economic data from an obscure Federal Bureau (me again), you may not have even noticed that there was a fiscal standoff occurring because all “essential” government functions continued status quo.  That’s what’s great about America, 99% of us play an essential role in the one another’s’ lives. Go US!

So outside of the news media’s broadcast of the event, a short term impasse would be logistically insignificant and most federal employees will most likely receive remuneration for the time they clocked at work. Any deadlock longer than a few weeks could be a trainwreck–or more like a freeway full of cars that all suddenly lose a wheel.  That sounds less fun. Exciting, but not in a good way.

On the plus side, this stretched out sovereignty struggle could help interest rates improve!   Even given that possibility, I’m hoping they figure it out. And soon.

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