1995 Government Shutdown Costliest Ever...Until Now


by Anthony Sibley (AJ) on Nov 7, 2013 | Views: 137 | Score: 0
Cost in Billions USD
19952.2
20133.1
Government Shutdown
Cost in gross domestic product from lost government services
Sources: nytimes.com
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Anthony Sibley (AJ)
Anthony Sibley (AJ) on Nov 7, 2013 4:15 AM said:

The government shutdown of last month cost the US over $1 billion each week, greatly surpassing the previous record of costliest shutdown by nearly a billion dollars. The majority of the expense will be paying approximately 800,000 furloughed federal workers for time spent idle. Furthermore, the associated damage-- the undermining of consumer, business, and investor confidence-- may be far costlier.