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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
US economy is already on the edge – a prolonged government shutdown could send it tumbling overIt's a long way down.IAISI/Moment via Getty Images

The 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...

Read more: US economy is already on the edge – a prolonged government shutdown could send it tumbling over

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