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Here's How Much Democrats’ Refusal to Fund Border Security Cost America During Shutdown

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A new report by a statistics professor at Washington University in St. Louis estimates that the 35-day partial government shutdown cost seven times more than the $5.7 billion that President Donald Trump requested for a border wall on the U.S.-Mexico border.

Liberty Vittert, who is also an ambassador for the Royal Statistical Society, writes that estimates for the cost of the shutdown per day range from $52 million to $360 million.

Through a series of calculations, Vittert estimates that the cost “associated with our furloughed federal workers is about $5 billion,” which includes both the amount of money that the government workers missed out on, as well as the amount of money that was not spent in the economy as a result.

Vittert also notes disruptions to the economy which were caused by the shutdown cost significantly more than the cost of the furloughed workers.

Vittert writes:

Standard & Poor’s has estimated that this shutdown will cost the American economy $6.5 billion per week – a figure they based on data from previous shutdowns. This estimate includes the reduction in spending by furloughed federal workers (though not their actual pay), as well as other trickle-down effects: lost business and revenue to private contractors, fewer vacations and school trips due to park closures, etc. That puts us at about $32 billion just for basic economic disruption.

Vittert continues by noting that “money not earned is not taxed,” meaning that the $32 billion doesn’t take into account the loss of federal tax dollars, which she estimates is over $5 billion.

Vittert concludes her calculations by noting that approximately $1 billion has been lost in a lack of services provided by the government and in the amount of funding that the government provides to “many organizations.”

In total, Vittert estimates that the shutdown cost the American public approximately $40 billion, which she notes would have paid for “the entire wall to be built and maintained for 40 years.”

Instead of providing the Trump administration with $5.7 billion for the wall, the Democrats opted to allow the government shutdown to continue to the point where it cost the American public seven times that amount, and America got nothing in return.

Making matters even worse for the Democrats is the fact that they have supported tens of billions of dollars for border security, including physical borders, in the past — showing that they would rather oppose Trump and harm the American public than spend the money to secure the border.

On Friday, during a press conference at the White House where it was announced that the government would be reopening,

 

Source @ The Daily Wire
 
 

 

 


Source: https://freenorthcarolina.blogspot.com/2019/01/heres-how-much-democrats-refusal-to.html


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    Total 5 comments
    • Man

      I donno how you can spin the blame on the Democrats. Trump decided to do the wall when Democrats gained the majority. He couldn’t even make a deal when republicans had the house and senate.

      So he created this mess

      • DK

        Absolute codswallop, and you knew that.

        Trump got the $5.7 billion funding through the 2018 congress before the election and post election enter Schiff and Schuman ensured a voting block to publicly veto it in the senate. After 2 years of compromising in congress where republicans stabbed Trump in the back Senetors took advantage of qualified voting to ensure 2018′s budget would not pass without the $5.7 billion wall funding being removed and some added pork stuffed in. Trump then said no to signing off the budget, he has allowed workers back in to start off the IRS tax year and get back the 2 months pay, then they will be gone again under a state of emergency where the wall will get funded anyway from over the $347 billion yearly congress gives itself for discretionary funds which do not get signed off by the president which is slush money it has no right to have.

        • Man

          If he is the master of making a deal…. then he is sucking at it.

          If obama can compromise his obama care to make it through…. then This should be able to make a wall

    • raburgeson

      He decided way before the Dems got control of Congress to build the wall. Hell the dems spent billions themselves (supposedly). At any rate the pockets got lined when they did it. That is how all those millions sneaked across the border. Apparently the plan from the elephants will work because of the amount of fighting going on against it. The deep state income will be damaged. A very good thing for the people.

    • Slimey

      I think you are talking about the money saved theoretically WITHOUT government. :lol:

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