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Old 01-04-2019, 12:58 PM
 
Location: Ontario, NY
2,649 posts, read 5,999,245 times
Reputation: 2629

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Politics aside, what effects would an extended government shut down be? Here is a list just off the top of my head, but feel free to add your own.


1. No income tax returns will be processed.
2. No new social security claims will be process (so one new can retire and collect SS)
3. New loans and mortgages delays due to "difficulties obtaining income validation for personal tax return income", which it turn will hit the sale of housing.
4. Similar issues are happening with Title companies, unable to verify who owns what.
5. Stock market commodities stability, since no government statistical or economic reports, including those on the prices and supply levels of agricultural goods.
6. USDA stopped issuing mortgages.
7. No or limited national weather service warnings.
8. Extended delays in school funding from the department of education. (could this lead to college / technical shutdowns due to funding issues?)
9. No new disability claims processing for Veteran affairs


These are a few just off my head, many of them will have an unintended domino effect, if new mortgages can't get processed, a lot of fewer houses will be sold, which in turn will lead to layoffs in people working in housing, with fewer houses getting built, the need for building supplies will drop, which in turn means a reduction in the sales staff of building suppliers, then layoffs of employees at housing supply manufacturers.
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Old 01-04-2019, 01:27 PM
 
3,978 posts, read 2,205,413 times
Reputation: 6904
This is more political posturing on how the next 4 years will be and less to do with economic impact.

The first to blink will show their hand.
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Old 01-04-2019, 01:51 PM
 
17,938 posts, read 12,657,449 times
Reputation: 13211
Flood insurance issuance had been stopped too but I don’t know if it’s still going on

The cracks are starting to show on the Republican side reportedly with two telling McConnell to end this without wall funding
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Old 01-04-2019, 06:12 PM
 
162 posts, read 26,564 times
Reputation: 234
During the current federal government shutdown, slightly over 83% of the federal government continues unaffected. It's really just a 17% federal government shutdown. For most people, the federal government is something they see on the news but it just doesn't effect their daily lives.
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Old 01-04-2019, 06:27 PM
 
12,153 posts, read 16,872,417 times
Reputation: 17535
Quote:
Originally Posted by Lowexpectations View Post
Flood insurance issuance had been stopped too but I donít know if itís still going on

The cracks are starting to show on the Republican side reportedly with two telling McConnell to end this without wall funding
Has it been stopped or is it still being processed?
Has a bill been presented for signature?
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Old 01-04-2019, 06:35 PM
 
Location: US
17,294 posts, read 16,817,798 times
Reputation: 13223
GOP wants additional funding for the border wall

DEM refuse additional funding for the border wall



Both sides aren't willing to bend as of now.
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Old 01-04-2019, 06:37 PM
 
1,549 posts, read 549,270 times
Reputation: 2900
Fed down is good news to a significant voter demographic.
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Old 01-05-2019, 09:36 AM
 
17,938 posts, read 12,657,449 times
Reputation: 13211
Quote:
Originally Posted by Threestep View Post
Has it been stopped or is it still being processed?
Has a bill been presented for signature?
My post was pretty clear. If you had questions seeking additional knowledge about current statuses you could venture out on the web
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Old 01-05-2019, 10:39 AM
 
7,332 posts, read 6,851,804 times
Reputation: 5516
This might be the year that it is more favorable to do a paper filing if you owe taxes.
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Old 01-05-2019, 12:15 PM
 
Location: Cochise county, AZ
4,704 posts, read 3,163,548 times
Reputation: 9795
The national parks are not collecting camping fees. This is losing a lot of revenue as folks flock to Arizona (where I live) to snowbird.
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