Federal Government Begins First Shutdown In 17 Years • Hacker News Board

Re: Federal Government Begins First Shutdown In 17 Years

#231

Post by dinkumthinkum » Fri, Oct 04, 2013, 4:51 AM UTC

001sky wrote: post #72

pkfrank wrote: post #46

>The bigger issue, he [Vanguard Group Chief Economist Joseph Davis] said, is how much the turmoil raises the “Uncertainty Tax” on the U.S. economy. Policy uncertainty, Davis argues, is already keeping U.S. economic growth down around 2%, when it could be 3% a year. This is what captures my frustration as well. It's infuriating that a faction of Tea Partiers is causing such instability. Having campaigned on a promise…

It's infuriating that a faction of Tea Partiers is causing such instability Why is growth not considered a form of instability? Just curious, last time I looked risk and volatility were agnostic to direction.

I don't want to be mean but this is about the worst HN pedantry I could imagine.

Re: Federal Government Begins First Shutdown In 17 Years

#232

Post by dinkumthinkum » Fri, Oct 04, 2013, 4:57 AM UTC

scottjad wrote: post #107

What has surprised me about this issue is how so much of the media has automatically adopted the Democrats narrative (especially on point #1, see below). Surprisingly, the media stories covering this shutdown are actually pretty fair in their summary (at least with respect to point #1). The Democrat narrative has at least three elements: (1) The House Republicans are unwilling to compromise and will shutdown the gove…

I think you are fairly uninformed about this. Compromise on Obamacare? I don't want to be flippant but do you not know how a bill becomes a law and what it means when it is a law? The ship has sailed for all this; it is have been tested by the Supreme Court. You've got to be kidding.

Shutting down the government is a pretty ridiculous ploy to whine about elections they have lost.

Re: Federal Government Begins First Shutdown In 17 Years

#233

Post by dinkumthinkum » Fri, Oct 04, 2013, 5:00 AM UTC

peterwayland wrote: post #9

In an office environment. If employees don't work well together they get fired. Why is there no accountability ?

Well, in this country we have this thing called democracy where random people that don't even know where they are or even what the Constitution is can decide, even on the basis of basically inane or racist views, who will get fired or hired. This is typically different from an office environment.