Bold prediction: federal government won’t shut down

Yep – going out on a limb here, but IFO says the federal government won’t shut down. Oh, sure, they’ll pretend to shut their doors, but only the Wash. DC offices that tourists, travelers and lapdog reporters will notice — the zoo, some parks, the Lincoln Memorial.

Federal officials, including Congress, are deathly afraid that if they close federal offices for more than a few days nobody will notice. Already more than half of us are not worried about the threatened shutdown. That 57% slice will just get bigger if the shutdown goes on for any length of time.

Citizens are more worried about what will happen to their grandchildren when the bill comes due.

To quote a famous document, with appropriate editorial changes, we say that when federal government has subjected us to: “… a long train of abuses and usurpations, pursuing invariably the same Object [that] evinces a design to reduce [us] under absolute Despotism, it is [our] right, it is [our] duty, to throw off such Government, and to provide new Guards for [our] future security.–Such has been the patient sufferance of [us in] these Colonies; and such is now the necessity which constrains [us] to alter [our] former Systems of Government. The history of the present [U.S. government] is a history of repeated injuries and usurpations, all having in direct object the establishment of an absolute Tyranny over these States…”

So, it is time to shut it down.  But, won’t we miss the parks, the schools, the roads, the police…? Nope, those are all local government functions.

Look at all the state, county and city parks; local, county and state public, private and parochial schools; roads, even the Interstates, built, paid for and maintained by cities, counties and states. There are no federal police. The DEA, the EPA, the BLM,  and several other alphabet agencies have armed staff to protect government officials and government land and facilities, but not the public.

So, except for the judiciary and the armed forces, who needs it?

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About InvestingforOne

I've been investing in various assets by myself using a discount broker for many years. Over that time, I've developed some theories that others might find useful. Plus, there is more to investing than money. Time, talent, work, friends, family all go into developing a good and satisfactory strategy.
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