Author Topic: Here's How Much Democrats’ Refusal To Fund Border Security Cost America During Shutdown  (Read 409 times)

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Offline To-Whose-Benefit?

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dailywire
 Ryan Saavedra
January 26, 2019

[excerpt]

https://www.dailywire.com/news/42687/heres-how-much-democrats-refusal-fund-border-ryan-saavedra

Liberty Vittert, who is also an ambassador for the Royal Statistical Society, writes that estimates for the cost of the shutdown per day range from $52 million to $360 million.

[snip]

Vittert writes:

    Standard & Poor’s has estimated that this shutdown will cost the American economy $6.5 billion per week – a figure they based on data from previous shutdowns. This estimate includes the reduction in spending by furloughed federal workers (though not their actual pay), as well as other trickle-down effects: lost business and revenue to private contractors, fewer vacations and school trips due to park closures, etc. That puts us at about $32 billion just for basic economic disruption.

[snip]

In total, Vittert estimates that the shutdown cost the American public approximately $40 billion, which she notes would have paid for "the entire wall to be built and maintained for 40 years."
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