TWIB: Government shutdown effect on US economy

To view this site, you need to have Flash Player 9.0.115 or later installed. Click here to get the latest Flash player.

October 6, 2013, 1:42 pm
SHARE THIS POST
Print Article


(NECN) - Doug Handler, Chief US Economist for IHS Global Insight joined NECN to speak about how much the federal government shutdown will affect the US economy.

Handler explained where his numerical predictions came from.

“That number was really estimated from the lost output of the government workers. The one thing that we really do know happens with the shutdown is government workers won’t come to their offices, they won’t be doing their thing, they won’t be providing services to the economy,” Handler explained.

 In addition, Handler discusses his take on the impact of the Affordable Care Act on the economy.

Watch the attached video for more.

Tags: TWIB, IHS Global Insight, This Week in Business , Affordable Care Act, government shutdown, Doug Handler
RELATED STORIES
COMMENTS
Jeremiah Oliver of Fitchburg, Mass. has been missing since September
Sean Collier was killed 1 year ago when he was sitting in his cruiser, allegedly by the Boston Marathon bombing suspects
Handling of last year's bombing was critical for first responders, when all victims transported survived