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By Rachel Goldfarb, originally published on Next New Deal

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Shutdown: The Last-Minute Tactics That Failed (MSNBC)

Suzy Khimm and Benjy Sarlin discuss how Congress failed to move their negotiations forward last night. Boehner has finally proposed a conference, something that Senate Democrats have called for almost as often as the House votes to repeal Obamacare.

The U.S. Government Has Shut Down: Does That Mean the Tea Party Won? (Quartz)

Tim Fernholz suggests that there is a win for the right here: the clean continuing resolution that is being discussed would maintain spending at current austerity levels, obscuring arguments on whether the budget should include more stimulus spending.

48 Ways a Government Shutdown Will Screw You Over (MoJo)

Tim Murphy's list includes everyone from furloughed Federal staffers and people on food assistance to ponies and trees. This comprehensive list shows just how much the federal government does that most Americans aren't paying attention to until a shutdown.

Here is Every Previous Government Shutdown, Why They Happened and How They Ended (WaPo)

Dylan Matthews lays out the history of government shutdowns since modern congressional budgeting began. Highlights include the 1977 "Abortion Shutdown III: Dark of the Moon," the 1982 "Let Them Eat Shutdown," and the 1987 "I Think You're a Contra."

How a Debt-Ceiling Crisis Could Become a Financial Crisis (NYT)

Annie Lowrey says that if the U.S. government goes into default, it could cause another financial crisis. The Treasury would be causing the crisis this time, so all the failsafe tools it developed with the Fed might not work properly.

Fixing Exorbitant CEO Pay: All is Not Lost (Fortune)

Eleanor Bloxham argues that today there is a better chance to change CEO compensation practices then there has been in a decade. Dodd-Frank provisions on CEO pay are starting to take effect, and other proposals would make even greater changes.

New on Next New Deal

President Obama's Best Move is to Force a Government Shutdown

Yesterday, Roosevelt Institute Senior Fellow Bo Cutter proposed that forcing a shutdown would be the most politically expedient option for the President. Today, we get to see if his predictions regarding how the shutdown will play out come true.


Originally posted to Daily Kos Economics on Tue Oct 01, 2013 at 07:28 AM PDT.

Also republished by Daily Kos.

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Comment Preferences

  •  President Obama is being very clear (5+ / 0-)

    The media seems to be confused about the House's tactics, but the president is not. He was terrific yesterday afternoon on NPR, in an interview with Steve Inskeep (also on Morning Edition today). In response to Inskeep's question about what the president should put on the table to placate the House's demands, he said:

    Steve, when you say, "What can I offer?" — I shouldn't have to offer anything. They're not doing me a favor by paying for things that they have already approved for the government to do. That's part of their basic function of government; that's not doing me a favor. That's doing what the American people sent them here to do, carrying out their responsibilities.
    He also made it clear that GOP brinksmanship was an ideological attack on the poor:
    Steve, let's be clear: We're not going to delay the Affordable Care Act. There are millions of Americans right now who do not have health insurance. And they are finally, after decades, going to be in a position where they can get affordable health care, just like everybody else. And that means that their families, their kids, themselves — they've got the basic security that you and I enjoy.
    He was in top form, arguing passionately from an ethical position, and highlighting the petty, selfish nature of the GOP's strategy.
  •  Did the Open Thread for Night Owls... (0+ / 0-)

    get furloughed too or something?

  •  Hey, you know what else is shut down? (0+ / 0-)

    Nearly all of the FCC. That affects more than just radio and TV. Want the hottest new phone? Guess what - there's nobody on the job to give any new gadgets the FCC certification they need to be sold in the US. I'm not quite sure how deep a backlog there is, but at some point it means you won't be able to buy an iPhone 6 or a Galaxy S5 if this continues.

    Intended to be a factual statement.

    by ipsos on Tue Oct 01, 2013 at 08:46:22 PM PDT

  •  Today I met with an old friend high up in NASA (1+ / 0-)
    Recommended by:
    MeToo

    He has been shut down and he remembers the previous shutdown back in 1994.  He told me this one is very different.  Even their cell phones and email servers are being shut down or they have been told not to use them at all or risk being punished.

    Daily Kos an oasis of truth. Truth that leads to action.

    by Shockwave on Tue Oct 01, 2013 at 08:48:20 PM PDT

    •  I already miss Astronomy Pic of the Day (1+ / 0-)
      Recommended by:
      Shockwave

      I can see where a hard shutdown is a good thing- it's similar to fasting for enlightenment. And the light that will finally go off in people's consciousness is that Congress is a bunch of poor negotiators- they just can't say no to the corporatists that pull their chains.

      The day is coming when a single carrot, freshly observed, will set off a revolution. Paul Cezanne ...Heads up! Al Gore 2016

      by MeToo on Tue Oct 01, 2013 at 09:36:32 PM PDT

      [ Parent ]

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