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Joined 2 years ago
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Cake day: August 15th, 2023

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  • I hope we can all agree that people should not be furloughed or working without pay during this shutdown but something I haven’t seen reported on is the effect this will have on economies locally and nationally.

    Napkin math so someone correct me if needed:

    • 4.5 million furloughed or working without pay.
    • Average salary I found was $68,000 but let’s use 50,000 to account for the top paying jobs probably still getting paid.
    • That gives us $4,166 monthly.
    • For each month of shutdown that comes to $18,747,000,000 that isn’t being spent

    While I’m sure most of us Americans could do with less consumption, I can’t help but wonder how many small businesses are going to suffer from this. This is especially true for areas with large amounts of federal employment.