Shutdown Potentially Costs US $24 Billion

From the get go, we knew the shutdown would have adverse effects. We all heard about the stories concerning furloughed workers and low income families. But, now that the shutdown has been effectively ended, what are the lingering effects on the US economy? Oh, you know, just about $24 billion potentially down the drain. 

Due to the loss of government services during the three week shutdown, our gross domestic product (GDP) took a 3.1 billion hit. And, as CNBC reports, that's just from lost government services. The rest of the lost billions are reportedly attributed to "non-government business losses, temporary layoffs, and other interruptions in business spending."

Now, to be fair, this is purely based on media speculation and its safe to say that the main goal is to squeeze out the last bit of hype from the shutdown before we move on to our next crisis. However, even with that in mind, its worth noting that political temper tantrums cost the United States billions of dollars and almost rammed us right through the debt ceiling.  Food for thought.

Enjoy your Friday!