Thursday, January 31, 2019

REPORT: $40 BILLION is How Much Democrats’ Refusal To Fund Border Security Cost America During Shutdown

SAUL LOEB/AFP/Getty Images
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.
There goes your Tax Dollars
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 that disruptions to the economy that were caused by the shutdown cost significantly more than the cost of the furloughed worker
Read the rest of the story HERE.

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