The blame game...What does your crystal ball say?

Okay, let's see who has foresight, and who is living in dream land. Who's gonna pay for causing this economic crash that is happening from the government shutdown? The projected loses are $55 billion per month, for every month the government is shut down. And if default on the national debt happens, $55 billion is just chump change.

My crystal ball says that since the cons were so determined to shut down the government over Obamacare, they'll be willing to default on the debt to get their way. And the dems are going to opt for "mutually assured destruction" daring the cons to pull the trigger. Then Obama will have no choice but to mint that trillion dollar coin to pay the bills.

Then global economic chaos, from the devaluation of the dollar. Great Depression II.

The 2014 election will be "the blame game" on steroids.

 

Divide and conquer, never gets old. You sir, have been succesfully tricked in the blame game yourself.

 

The blame game was going on long before I made this thread. But that's off topic already. The question was, "what does YOUR crystal ball say is going to happen?"

 

That you will start a thread, Run you're mouth as usual, And place blame where you always have.
No thought that it was nobama that has caused all this, But you like blame bush.
You will blame= GOP, con's, Bush, Bush's, Bush again, Maybe Rush for holding down nobama, But in the end, Like always, YOU WILL BLAME PERIOD.

Who will pay for it, Not you, Im sure you have a dollar if that to you're name. It will be the GOP/con's to pay it off once again like they always have and always will from fucktard dem's who think they know how to handle, Well anything.

 

The shutdown is gonna last a lot longer than we all think, neither side will give in and it'll be at least 4 days of a shutdown.

The stock market is super confident the shutdown will be short-lived, I think they're wrong, I think we'll see this thing come down to the wire of a default and we may even go over.

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I'm more interested in the math behind the shutdown and the $55 billion figure you've cited rj.

Now that we're in a shutdown, it's a good time to look at how a shutdown impacts the budgets at both State and Federal levels.

For instance since the IRS is not shutdown, common sense would say that we're spending less, and should take this opportunity to pay down the deficit of this year.

So a good question to ask is where does this $55 Billion come from in costs if we're shutdown? (This is the conservative argument and if they're wrong about this logical train of though, then the left needs to explain in detail why that doesn't work in practice).

My best explanation at a casual level, is that the jobs lost from a government shutdown, ripple through the economy because of the multiplier effect, and the fact that households get locked into debt because their paycheck didn't arrive ON TIME, which throws them from the edge of stability into poverty, and that means the nation just promoted a contracting economy domino-effect.

 

http://money.cnn.com/2013/09/30/news/economy/shutdown-economic-impact/

 

The stock market (I'm glad I can go on) is not a God. Means it will go on, and thus the law for paying good work shall overcome.

 

If there's a default/crash, you know what comes next right? Chaos, looting, and martial law.

You democrats have your guns ready?

 

they may have insider information. It could be boehner's plan to shut it down for a few days to win support from the tea party faction, then start things up again.

There are no guarantees about how long the shut down lasts, but my guess is that one way or another it's going to be less than 3 weeks.

They may pull out of it before things get ugly, but if there is blame to be assigned here, it likely will fall on the tea party and on the republicans, and frankly, they will deserve it.

No one will look good coming out of this though.