US economy is already on the edge – a prolonged government shutdown could send it tumbling over
- Written by John W. Diamond, Director of the Center for Public Finance at the Baker Institute, Rice University
It's a long way down.IAISI/Moment via Getty ImagesThe economic consequences of the current federal government shutdown hinge critically on how long it lasts. If it is resolved quickly, the costs will be small, but if it drags on, it could send the U.S. economy into a tailspin.
That’s because the economy is already in a precarious state, with...
