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'We've Seen This Movie Before' | US Shutdown Impact
Bloomberg Televisionยท2025-10-03 13:29

I think we've seen this movie before. The expectation is that this lasts a few days, but who knows. And where I'm really focused right now, given that the fiscal impact is supposed to be minimal, it's really turning my attention to the labor market in particular.So we know that there will be a for a furlough of around 40% of federal workers, around 900,000 and a delay in pay for all federal workers. Now, the Trump administration has said that they're looking to make some of that permanent, and that could pe ...