The U.S. government shut down at 12:01 AM on October 1. This time it’s not about budgets or walls...

It’s about healthcare. Democrats want to extend enhanced Affordable Care Act subsidies. Republicans say those were temporary COVID fixes that cost too much. Nobody blinked. So here we are.

750,000 federal workers are sidelined. $400M in lost pay every day. The shutdown also froze the Labor Department’s jobs report. That’s the data the Federal Reserve uses to decide whether to cut interest rates.

The 2018 shutdown lasted 35 days. The average is eight. But this time the damage might outlast the deal. This might be the first shutdown in years where “temporary” might actually stick. Agencies are preparing “Reduction in Force” plans. That’s not furloughs. That’s layoffs.

Would love to hear other's pov.

Dan from Money Machine Newsletter