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I hope we can all agree that people should not be furloughed or working without pay during this shutdown but something I haven't seen reported on is the effect this will have on economies locally and nationally.
Napkin math so someone correct me if needed:
While I'm sure most of us Americans could do with less consumption, I can't help but wonder how many small businesses are going to suffer from this. This is especially true for areas with large amounts of federal employment.
There are actually projections for the economic downturn to come that do and don't factor in the government shutdown reaching thanksgiving, then Christmas. So it is being considered in terms of consumer spending as a whole, but you mentioned small businesses specifically, and they are the ones that will be hurt more than anyone in what's to come. Although, I'm seeing more and more local-only-economies pop up, where you all try to keep money within the network of the community.
The projections I saw were for the economy to level off by 1Q 2026, but if the shutdown reaches Christmas, it'll actually shrink an entire point.
Small businesses were already disproportionately suffering from the capricious tariff situation. And areas with large federal employment specifically were already suffering from the Doge chainsaw layoffs. This administration is just piling it on.
Good points, thank you for adding to the picture.