The Shutdown’s Economic Impact

Long could The US government shutdown last, and what will that ultimately mean for The US economy? I'm Alison Nathan, and this is Goldman Sachs Exchanges. Today, I'm joined by Alec Phillips, our chief political economist here in Goldman Sachs Research. Alec, welcome back to the program.

Thanks for having me.

And you're doing this on very short notice, so we appreciate that.

Yep.

I feel like you've been here a lot, honestly, this year.

It's been a busy year.

There's been a lot going on. Yep. But today, we're gonna talk about what's very topical, the government shutdown.

What's not going on.

Yeah. Exactly. Exactly. The government. Look. I wanna start with a little perspective. Obviously, shutdowns are still somewhat unusual, but they aren't unprecedented by any means. Mhmm. So what makes this shutdown different from others?