The Free Press, Mankato, MN

Editorials

October 11, 2013

Change federal budget policies

Why it matters: More sensible, modern budget policies could reduce chaos to the republic in times of political dysfunction

(Continued)

Taxpayers not only have to put up with frustration of a political stalement, they often pay a price in jobs and business. The cost of the shutdown was estimated during the first week at $1.6 billion in lost economic activity, according to IHS Inc., a market research firm in Lexington, Mass.

And Bloomberg news reports that office closures are costing the U.S. economy about $160 million a day.

Those figures are just hard for taxpayers to accept. It’s no surprise the congressional approval rating is down to 5 percent.

But it doesn’t have to be this way. It seems both parties would have an interest in creating preventive policies that protect hard-working people from the devastatimg economic impact of a government shutdown. That’s the least our leaders should be willing to do. They all say they don’t want a shutdown. There’s one way to prove it.

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