Government Shutdown is Good for the Economy

By Douglas V. Gibbs

The liberal left Marxist Democrats in Washington, and in the media, have been screaming that the government shutdown will result in a global economic catastrophe, and it will all be the fault of the mean-spirited Republicans.   If we don't raise the debt limit, and fund all of the government (including Obamacare), then (we are being told) the stock market will collapse, and a global depression will be upon us. . . as if increased government spending is good for economies.

The stock market is actually gaining, and the sky has not quite fallen, just yet.

After brushing the Keynesians aside, we realize that heavy government regulations and high government spending (much of which fuels mercantilism where the government picks the winners and losers in the private market), along with the printing of fiat money, is the cause of our economic difficulties.  During Clinton's Presidency, after a couple government shutdowns, and some entitlement reform that Clinton vetoed a couple times before finally going along with it, resulted in a surplus by the end of Bill's presidency.

Right now, spending has slightly dropped because of the sequester, of which the GOP was blamed for, but Obama is taking credit for the reduction in spending.

Wow, that's an interesting one to try to wrap one's head around.

And the shutdown, just like the sequester, is actually good for the economy.  The less the government spends, the better.  Government doesn't make the world go round.  Yes, it is a necessary evil, but it should not be poking its nose into every matter, and in fact "any matter," that the private market encounters.  Less federal money, and less government interference, equals a growing economy.  My only fear is that if this shutdown lasts long enough to positively influence the markets, Obama will take the credit for the growth.

-- Political Pistachio Conservative News and Commentary