I’m Gregory Korte, White House and domestic policy reporter in Washington. Today we’re looking at how the US government shutdown is affecting the economy. Send us feedback and tips to ecodaily@bloomberg.net. And if you aren’t yet signed up to receive this newsletter, you can do so here.
No US recession was ever triggered by a shuttering of the federal government — of which there have been many over the decades. And Wall Street hasn’t exactly panicked since Congress and the Trump administration failed to agree on appropriations for the fiscal year that started Oct. 1 — stocks have hit records.