Government shutdown could cost US economy billions of dollars a week, analysts say
Source: The Guardian
Thu 2 Oct 2025 16.24 EDT
Last modified on Thu 2 Oct 2025 21.51 EDT
Senior officials inside Donald Trumps administration have acknowledged the federal government shutdown, without an end in sight, could hurt the US economy. The damage could be worth billions of dollars each week, according to analysts.
This isnt the way to have a discussion, shutting down the government and lowering the GDP, Scott Bessent, the US treasury secretary, told the CNBC financial news network. We could see a hit to the GDP, a hit to growth and a hit to working America.
Prolonged failure to reach a deal would be costly.
We estimate that each week of shutdown would reduce US GDP growth by 0.1 percentage points (ppt) in Q4 (in annualized terms), translating into a $7 billion weekly hit to the economy, a report by EY Parthenon said, citing the effect of lack of pay for furloughed federal workers, delayed government procurement of goods and services and decline in demand.
Read more: https://www.theguardian.com/business/2025/oct/02/government-shutdown-cost-economy-billions

Irish_Dem
(75,668 posts)But not a single penny available for We The People.
Lovie777
(20,533 posts)have they brought in the factor that the WH is with holding billions of dollars? But We the People are still paying federal taxes. Instead of the WH trying to minimize the cost of the shutdown they are creating chaos, which I know that's the goal.
But have they factor that in most part We the People know how to survive?
All they are doing is killing their brand which is good thing. Crypto nor gold will save this fuck up party know as the Republican party.
Bernardo de La Paz
(59,169 posts)oldinmtdem92
(56 posts)i hope thats as far as it goes ,to me it looks like the country is headed for a depression again. its a perfect storm economics one o one.
UpInArms
(53,469 posts)But as long as it only affects the little people, and the liberals, all is well
Champp
(2,223 posts)And instead will spend their time sadistically watching those who suffer.
Bayard
(27,209 posts)When people can't pay their mortgages.
Bernardo de La Paz
(59,169 posts)IronLionZion
(50,022 posts)and the federal donotcall registry is down among lots of other stuff that MAGAts don't realize affects them.
greatauntoftriplets
(178,323 posts)Why do we still have to pay them when there's no one to collect them?
OldBaldy1701E
(9,195 posts)Any time they start screaming about 'the economy', this means that it is getting to those animals in the government. They are the ones worried right now because it is their massive wealth that is about to drop in size and they are petrified that someone else will get the difference. That is the level of greed in some of these wealthy people. The fact that they are worried about the economy (I.e.: their wallets), but not the people who create and maintain said economy is something that should be yelled from every rooftop every single morning.
Now, for someone like me, who has no stake in any of this, I say let it continue, because when it all boils away, the rich are the ones who will suffer, they will just make damned sure to pass it down to the rest of us any way they can. (As they have done many times in the past.) However, those of us on the bottom are well versed in survival as well as making it with nothing, so those spoiled, entitled rich people who have their latte handed to them in the morning are about to learn some valuable lessons. Lessons that they should have been taught a long time ago.
(Were it not for the programming that convinced us all to worship them and let them run amok, this would have happened much sooner. I wish I could say 'better late than never', but there are too many people who still believe their hype, so I am still not convinced that there are enough 'non-programmed' to teach that lesson.)