What’s the “Cost” of Shutdown?

A partial shutdown of the federal government would cost the U.S. at least $300 million a day in lost economic output at the start, according to IHS Inc.

While that is a small fraction of the country’s $15.7 trillion economy, the daily impact of a shutdown is likely to accelerate if it continues as it depresses confidence and spending by businesses and consumers.

Well, yes–but given that IRS does not close its doors (and it doesn’t), Obama & Co. will continue to extract money from taxpayers. That is a “cost”, just like awarding back-pay to the hive’s worker-bees after the “shutdown” is over with. (By the way, only half of Federal employees will be furloughed.)

Via The “Cost” of Shutdown? @ Dad29.