Tuesday, October 1, 2013

Just doing a little math, the daily total cost to our economy from the 2013 government shutdown.

Just doing a little math here. . .

According to Brian Kessler, with Moody’s Analytics, a three- to four-week Federal government shutdown would cost the economy about $55 billion. (Isidore, 2013).

According to Republican Representative Tom Price, “Obamacare” will cost $1.76 trillion over 10 years. (Price, n.d.).

So, that is $176 billion/year or $482 million/day for healthcare versus $55 billion per three- to four-week period for a government shut down. Let us assume that $55 billion is for a four week period giving us the least cost/day estimate of a shutdown. Even still that is about $1.96 billion/day.

So, which is really more expensive, affordable health care at $482 million/day or a government shut down at $1.96 billion/day?

Let the government run and have this argument without putting our country in the hole by $1.96 billion/day for an argument that does NOT need the government to shut down to occur.

Common sense people, common sense!!!


Isidore, C. (2013, September 30). Shutdown: A multi-billion dollar hit to economy. CNN Money. Retrieved from http://money.cnn.com/2013/09/30/news/economy/shutdown-economic-impact/

Price, T. (n.d.). The cost of Obamacare threatens America’s wellbeing. (Press Release from Representative Tom Price). Retrieved from http://tomprice.house.gov/press-release/true-cost-obamacare-threatens-america’s-wellbeing