Government Shut down??

The government is planning on having a “government shutdown” starting in the up-coming months.  The government shutdown is a situation in which the government stops providing all but "essential" services.  This happened once before in 1955, under the presidency of Bill Clinton.  During the shutdown, Clinton’s approval ratings fell significantly.  The public blamed him for the bad things that had happened, but his approval ratings ended up rising to the highest they had been since the election.  Positive impacts of the government shutdown included the balanced-budget deal in 1997 and the first four consecutive balanced budgets since the 1920s, so why is the government not revealing the projected outcomes of this government shut down?

                This government shut down will be run by President Barrack Obama.  This government shutdown will not be the same as the one in 1995; we are a different country with different economic struggles.  In our economics class I’m learning more and more about the different aspects of economy, not just “economics is about money”.  Thinking about this “government shutdown”, I’m not really sure how it’s going to help our economy.  When we learned about the economic goals of the United States, we learned about full employment.  Full employment is when our economy has reached 95 percent employment.  How can we maintain that goal if we have a government shut down? Wouldn’t people lose their jobs due to this government shut down? 

                In the article I was reading, Groshen, the Bureau of Labor Statistics commissioner, says that they would release the jobs data if the White House budget office authorizes it, so why won’t they release it?   The government has not labeled the release of economic data as essential and necessary to produce in a shutdown.  Nearly all of the agency’s 2,400 employees will be part of the government-wide furloughs.  The Labor Department said it is prepared to release its weekly unemployment data, as scheduled on Thursday.

Someone posted a “spoiler note” in the comments of this article saying,” Spoiler alert...more jobs created...90% will be part time. This economy is roaring back!”  This comment caused great controversy on the webpage.  If that were to happen, the public would be forever grateful, let’s just hope that that is what happens. 

                I’m not really completely sure about what the “government shut down” is going to bring for us, but I’m anxious to find out how it effects our economy, hopefully in a good way.