U.S. Federal shutdown

The Last U.S. Federal Government Shutdown

March 29, 2011

A budgetary impasse between democrats and republicans caused the suspension of non-essential federal services during November 14-19, 1995 and from December 16, 1995 to January 6, 1996.  The U.S. economy was growing then at a very similar pace to now.  GDP advanced 2.8% at an annualized rate in both the final quarter of 1995 and […] More