Welcome, my friends, to the Machine. Rand Paul said on Tuesday that it cost us more to shut the government down than to keep it open and the source below uses budget stats to conclude hes right. It seems government has given itself so much power that the whole nation will suffer the consequences if we question its spending habits...except, of course, the State-loving politicians who benefit by exploiting this suffering by offering *more* spending and *more* programs in exchange for votes and party loyalty. In this way, Progressives are no better than drug-dealers, offering more of the very things that make their clients sick in the first place, personally profiting by placing other people in a state of total dependency. From the article: - $2.5 billion in compensation costs for furloughed workers (whose lack of pay for two weeks hampered consumer spending); - 120,000 fewer private-sector jobs created in the first half of October; - $500 million lost in visitor spending because of closed National Parks; - $11 million in lost National Parks and Smithsonian Institution revenue; - Interest accrued on billions of dollars of payments owed to third parties that the government was unable to pay during the shutdown; - Resources spent on putting activities in standby or maintaining them in an idle mode; - 1.2 million Internal Revenue Service identity verification requests that couldn’t be processed, causing a delay in private-sector lending and other activities; - Stalled approvals from the U.S. Food and Drug Administration delayed moving products to market. Numerous independent economic research groups found that the shutdown resulted in overall costs, in terms of lost revenue, hindered GDP growth, stalled private-sector activity and actual expenditures associated with the logistics of closing the government for two weeks. The government had to pay all of what it normally would have spent during that two-week period and then some. There was very little evidence to the contrary. politifact/truth-o-meter/statements/2014/aug/07/rand-paul/rand-paul-rightly-says-government-shutdown-was-mor/
Posted on: Fri, 08 Aug 2014 15:57:19 +0000
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