By Dr. Glenn Mollette

The American government shutdown impacts about 1.4 million federal workers, with roughly 700,000 furloughed and another 700,000 deemed essential continuing to work without pay. This number doesn’t include the 42 million Americans who rely on SNAP benefits.

About 13,000 air traffic controllers and about 50,000 TSA officers are currently working without pay. Once the government shutdown ends they will receive their pay. Most Americans live paycheck to paycheck so this is a tough time.

The shutdown is expected to shave 0.1 to 0.2 percentage points of annualized inflation-GDP growth per week. It’s also delaying the release of economic data, which could make it harder for the Federal Reserve to make informed decisions on interest and monetary policy. However, many eco

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