Treasury Secretary says shutdowns could be good

Treasury Secretary Steven Mnuchin believes that government shutdowns could be a good thing, Federal Times reports.

Mnuchin testified at Senate Budget Committee hearing on June 13, and said that when Congress fails to pass spending bills and causes non-essential government agencies to shutdown, it could possibly “shake things up and produce positive results,” according to the article.

In regards to the uncertainly shutdowns bring to federal workers and the economy, Mnuchin said that he’d rather have an uncertainly with a good outcome than a certainty that will result in a bad income, the report notes.

Reader comments

Mon, Jul 10, 2017

Stooge alert, they are making their way into our society and will try to take over the minds of the workers.

Mon, Jul 10, 2017

Munchkin and his minions feel your pain when they foreclosed on the middle class workers. Wow no matter what administration has been in power they have contempt for the workers and it is like being in the grips of the Eastern Bloc nations during the regimes of dictators who benefited from the policies of neglect, contempt and self imposed glory and knowledge that they know better than the masses of subjects they attempt to persecute and intimidate.

Fri, Jul 7, 2017 Ellen Harman Est Coast

Shutdowns are good? Maybe the Foreclosure King can bring himself to any HHS or FDA facility and see what happens to all of the work on blood experiments, yeast-based virus experiments and animals,that are sacrificed when experiments cannot continue. Timeline experiments are ended, and supplies and animals killed. Only to start all over again. At that point it is waste magnified. Is that a good thing?

Thu, Jul 6, 2017

When the government shuts down it would be nice if the treasury secretary and his minions resign on the spot, go back to their corporate enclaves downsize the hard working employees and then downsize themselves and make sure they get a big bonus when they tank the firm that hired them. All in a paycheck.

Thu, Jun 29, 2017 Fort Bragg, NC

Politicians can't even make simple decisions without going on vacation or taking a break from work! They are in a constant state of "shut down" because of their ineptness. Yet, they still get paid and no one misses what they do whether they are at work OR on vacation. Wait a minute...their work is a vacation! They should be required to take "vacations" without pay if they don't finish by a deadline.

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Edward A. Zurndorfer Certified Financial Planner
Mike Causey Columnist
Tom Fox VP for Leadership and Innovation, Partnership for Public Service
Mathew B. Tully Legal Analyst

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