'We're Flying Blind.' The Shutdown Is Making it Harder for Economists to Understand the Shutdown
Posted: Tue Jan 29, 2019 7:03 pm
Time - 1/29/2019 - Alejandro de la Garza - The Congressional Budget Office on Monday delivered its estimated economic cost of the five-week partial government shutdown: $11 billion dollars, with $3 billion in permanent economic losses. Those numbers are now being leveraged for partisan ends on either side of the political spectrum. But even the CBO admitted that they don’t provide a full picture of the shutdown’s cost. The estimates “do not incorporate other, more indirect negative effects of the shutdown, which are more difficult to quantify but were probably becoming more significant as it continued,” the agency said. Read more @ time.com/5515644/shutdown-cost/