.by Anura Guruge
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Well, as I have previously confessed there is always method to my madness.
This is great. Thank YOU. Exactly what the doctor ordered.
Of course I feel bad for the government workers who will be furloughed. I tried to do some research on the implications. They are eligible for Unemployment Benefits and some have ALREADY signed up — Tuesday morning (Oct. 1). If the 1995-1996 shutdown is a precedent they will get paid sometime down the road — and I am not sure whether they will get docked what they got in unemployment. So, yes, very upsetting for them, but this is their government at work!
Oh, the market will recover. Of that there is no doubt or debate.
Best for the Government to stay closed PAST the debt-limit stand-off.
Actually best scenario is if it is closed well into 2014 — though, alas & alack, that will not happen.