US economy is already on the edge – a prolonged government shutdown could send it tumbling over

Photo credit: Annie Spratt via Unsplash. Article by John W. Diamond. The Conversation – October 2, 2025.

The economic consequences of the current federal government shutdown hinge critically on how long it lasts. If it is resolved quickly, the costs will be small, but if it drags on, it could send the U.S. economy into a tailspin. That’s because the economy is already in a precarious state, with the labor market struggling, consumers losing confidence and uncertainty mounting. […]

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